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We present a class of methods for distributed optimization with event-triggered communication. To this end, we extend Nesterov’s first order scheme to use event-triggered communication in a networked environment. We then apply this approach to generalize the proximal center algorithm (PCA) for...
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The proliferation of plug-in electric vehicles (PEVs) advocates a distributed paradigm for coordinating PEV charging. Unlike existing primal-dual decomposition or consensus methods, this paper proposes a cutting-plane-based distributed algorithm considering a peer-to-peer (P2P) communication...
Persistent link: https://www.econbiz.de/10014555501
This paper discusses the theoretical and practical aspects of new methods for solving DEA problems under real-life geometrical uncertainty and probability uncertainty of sample data. The proposed minimax approach to solve problems with geometrical uncertainty of sample data involves an...
Persistent link: https://www.econbiz.de/10010292786
Greenhouse gas policies confront the trade-off between the costs of reducing emissions and the benefits of avoided climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter, and one that has not yet been well incorporated into...
Persistent link: https://www.econbiz.de/10011307301
Practitioners in the electricity industry aim to assess the value of power plants or other real options several months or even years ahead of operation. Such a valuation is notably required for hedging purposes. The revenue streams to be earned in the spot market are thereby already secured on...
Persistent link: https://www.econbiz.de/10012042065
Abstract We introduce an adaptive algorithm to estimate the uncertain parameter of a stochastic optimization problem. The procedure estimates the one-step-ahead means, variances and covariances of a random process in a distribution-free and multidimensional framework when these means, variances...
Persistent link: https://www.econbiz.de/10014621362
This thesis studies two related topics in liner shipping. The first topic is the contract pricing problem for container carriers. The second part studies the interaction of the longer term contracts and the spot markets/exchanges for the same goods/services.Most containerized freight is...
Persistent link: https://www.econbiz.de/10009476115
This paper proposes two stochastic programming models for master production scheduling with capacity-load factor scenarios. In contrast to other work on production planning with load-dependent lead times or dynamic capacity loads, we iteratively build a set of realistic capacity-load factor...
Persistent link: https://www.econbiz.de/10014542165