Abstract Firms compete in supply functions when they offer a schedule of prices and quantities into a market; for example, this occurs in many wholesale electricity markets. We stu...
Bids during an online auction arrive at unequally-spaced discrete time points. Our goal is to capture the entire continuous price-evolution function by representing it as a functi...
We develop a multicriteria approach to the problem of space heating under a time varying price of electricity. In our dynamic goal programming model the goals are ideal temperatur...
In smart grid, a home appliance can adjust its power consumption level according to the realtime power price obtained from communication channels. Most studies on smart grid do not...
Functional modeling is in use for the interpretation of the results of model based simulation of engineered systems for design analysis, enabling the automatic generation of a tex...