102 research outputs found
Learning Robustness with Bounded Failure: An Iterative MPC Approach
We propose an approach to design a Model Predictive Controller (MPC) for
constrained Linear Time Invariant systems performing an iterative task. The
system is subject to an additive disturbance, and the goal is to learn to
satisfy state and input constraints robustly. Using disturbance measurements
after each iteration, we construct Confidence Support sets, which contain the
true support of the disturbance distribution with a given probability. As more
data is collected, the Confidence Supports converge to the true support of the
disturbance. This enables design of an MPC controller that avoids conservative
estimate of the disturbance support, while simultaneously bounding the
probability of constraint violation. The efficacy of the proposed approach is
then demonstrated with a detailed numerical example.Comment: Added GitHub link to all source code
Regulating TNCs: Should Uber and Lyft Set Their Own Rules?
We evaluate the impact of three proposed regulations of transportation
network companies (TNCs) like Uber, Lyft and Didi: (1) a minimum wage for
drivers, (2) a cap on the number of drivers or vehicles, and (3) a per-trip
congestion tax. The impact is assessed using a queuing theoretic equilibrium
model which incorporates the stochastic dynamics of the app-based ride-hailing
matching platform, the ride prices and driver wages established by the
platform, and the incentives of passengers and drivers. We show that a floor
placed under driver earnings pushes the ride-hailing platform to hire more
drivers and offer more rides, at the same time that passengers enjoy faster
rides and lower total cost, while platform rents are reduced. Contrary to
standard economic theory, enforcing a minimum wage for drivers benefits both
drivers and passengers, and promotes the efficiency of the entire system. This
surprising outcome holds for almost all model parameters, and it occurs because
the wage floors curbs TNC labor market power. In contrast to a wage floor,
imposing a cap on the number of vehicles hurts drivers, because the platform
reaps all the benefits of limiting supply. The congestion tax has the expected
impact: fares increase, wages and platform revenue decrease. We also construct
variants of the model to briefly discuss platform subsidy, platform
competition, and autonomous vehicles
Mechanism Design for Demand Response Programs
Demand Response (DR) programs serve to reduce the consumption of electricity
at times when the supply is scarce and expensive. The utility informs the
aggregator of an anticipated DR event. The aggregator calls on a subset of its
pool of recruited agents to reduce their electricity use. Agents are paid for
reducing their energy consumption from contractually established baselines.
Baselines are counter-factual consumption estimates of the energy an agent
would have consumed if they were not participating in the DR program. Baselines
are used to determine payments to agents. This creates an incentive for agents
to inflate their baselines. We propose a novel self-reported baseline mechanism
(SRBM) where each agent reports its baseline and marginal utility. These
reports are strategic and need not be truthful. Based on the reported
information, the aggregator selects or calls on agents to meet the load
reduction target. Called agents are paid for observed reductions from their
self-reported baselines. Agents who are not called face penalties for
consumption shortfalls below their baselines. The mechanism is specified by the
probability with which agents are called, reward prices for called agents, and
penalty prices for agents who are not called. Under SRBM, we show that truthful
reporting of baseline consumption and marginal utility is a dominant strategy.
Thus, SRBM eliminates the incentive for agents to inflate baselines. SRBM is
assured to meet the load reduction target. SRBM is also nearly efficient since
it selects agents with the smallest marginal utilities, and each called agent
contributes maximally to the load reduction target. Finally, we show that SRBM
is almost optimal in the metric of average cost of DR provision faced by the
aggregator
Duration-differentiated Energy Services with a Continuum of Loads
As the proportion of total power supplied by renewable sources increases, it
gets more costly to use reserve generation to compensate for the variability of
renewables like solar and wind. Hence attention has been drawn to exploiting
flexibility in demand as a substitute for reserve generation. Flexibility has
different attributes. In this paper we consider loads requiring a constant
power for a specified duration (within say one day), whose flexibility resides
in the fact that power may be delivered at any time so long as the total
duration of service equals the load's specified duration. We give conditions
under which a variable power supply is adequate to meet these flexible loads,
and describe how to allocate the power to the loads. We also characterize the
additional power needed when the supply is inadequate. We study the problem of
allocating the available power to loads to maximize welfare, and show that the
welfare optimum can be sustained as a competitive equilibrium in a forward
market in which electricity is sold as service contracts differentiated by the
duration of service and power level. We compare this forward market with a spot
market in their ability to capture the flexiblity inherent in
duration-differentiated loads
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