The cross-entropy method (CE) developed by R. Rubinstein is an elegant practical principle for simulating rare events. The method approximates the probability of the rare event by...
Malicious data attacks to the real-time electricity market are studied. In particular, an adversary launches an attack by manipulating data from a set of meters with the goal of i...
We propose the development of a prediction market to provide a form of collective intelligence for forecasting prices for "toxic assets" to be transferred from Irish bank...
In a two-market genetic algorithm applied to a constrained optimization problem, two ‘markets’ are maintained. One market establishes fitness in terms of the objective functio...
Steven Orla Kimbrough, Ming Lu, David Harlan Wood,...
Dynamic optimization has the potential to adapt the program’s behavior at run-time to deliver performance improvements over static optimization. Dynamic optimization systems usu...