{"id":"https://openalex.org/W2006728213","doi":"https://doi.org/10.1109/allerton.2014.7028436","title":"Optimal contract design for energy procurement","display_name":"Optimal contract design for energy procurement","publication_year":2014,"publication_date":"2014-09-01","ids":{"openalex":"https://openalex.org/W2006728213","doi":"https://doi.org/10.1109/allerton.2014.7028436","mag":"2006728213"},"language":"en","primary_location":{"id":"doi:10.1109/allerton.2014.7028436","is_oa":false,"landing_page_url":"https://doi.org/10.1109/allerton.2014.7028436","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 52nd Annual Allerton Conference on Communication, Control, and Computing (Allerton)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5051126013","display_name":"Hamidreza Tavafoghi","orcid":"https://orcid.org/0000-0002-9583-9727"},"institutions":[{"id":"https://openalex.org/I27837315","display_name":"University of Michigan\u2013Ann Arbor","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Hamidreza Tavafoghi","raw_affiliation_strings":["Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan","Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan 48109-2122"],"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan","institution_ids":["https://openalex.org/I27837315"]},{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan 48109-2122","institution_ids":["https://openalex.org/I27837315"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015762210","display_name":"Demosthenis Teneketzis","orcid":"https://orcid.org/0000-0002-0450-5992"},"institutions":[{"id":"https://openalex.org/I27837315","display_name":"University of Michigan\u2013Ann Arbor","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Demosthenis Teneketzis","raw_affiliation_strings":["Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan","Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan 48109-2122"],"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan","institution_ids":["https://openalex.org/I27837315"]},{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of Michigan, Ann Arbor, Michigan 48109-2122","institution_ids":["https://openalex.org/I27837315"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5051126013"],"corresponding_institution_ids":["https://openalex.org/I27837315"],"apc_list":null,"apc_paid":null,"fwci":2.0291,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.87236199,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"1","issue":null,"first_page":"62","last_page":"69"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9991999864578247,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9930999875068665,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/procurement","display_name":"Procurement","score":0.8447368741035461},{"id":"https://openalex.org/keywords/mechanism-design","display_name":"Mechanism design","score":0.7612524032592773},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5764216184616089},{"id":"https://openalex.org/keywords/mechanism","display_name":"Mechanism (biology)","score":0.5664939880371094},{"id":"https://openalex.org/keywords/scheme","display_name":"Scheme (mathematics)","score":0.5155127048492432},{"id":"https://openalex.org/keywords/private-information-retrieval","display_name":"Private information retrieval","score":0.4617028832435608},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.45833805203437805},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"Information asymmetry","score":0.4428313374519348},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.4390729069709778},{"id":"https://openalex.org/keywords/optimal-design","display_name":"Optimal design","score":0.41587918996810913},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.3414892256259918},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.32024288177490234},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.2663891911506653},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.23787438869476318},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.13307830691337585},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.13116037845611572},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.11701291799545288},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.08684459328651428}],"concepts":[{"id":"https://openalex.org/C201650216","wikidata":"https://www.wikidata.org/wiki/Q829492","display_name":"Procurement","level":2,"score":0.8447368741035461},{"id":"https://openalex.org/C153517567","wikidata":"https://www.wikidata.org/wiki/Q26090","display_name":"Mechanism design","level":2,"score":0.7612524032592773},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5764216184616089},{"id":"https://openalex.org/C89611455","wikidata":"https://www.wikidata.org/wiki/Q6804646","display_name":"Mechanism (biology)","level":2,"score":0.5664939880371094},{"id":"https://openalex.org/C77618280","wikidata":"https://www.wikidata.org/wiki/Q1155772","display_name":"Scheme (mathematics)","level":2,"score":0.5155127048492432},{"id":"https://openalex.org/C99221444","wikidata":"https://www.wikidata.org/wiki/Q1532069","display_name":"Private information retrieval","level":2,"score":0.4617028832435608},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.45833805203437805},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.4428313374519348},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.4390729069709778},{"id":"https://openalex.org/C186394612","wikidata":"https://www.wikidata.org/wiki/Q7098942","display_name":"Optimal design","level":2,"score":0.41587918996810913},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3414892256259918},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.32024288177490234},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2663891911506653},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.23787438869476318},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.13307830691337585},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.13116037845611572},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.11701291799545288},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.08684459328651428},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/allerton.2014.7028436","is_oa":false,"landing_page_url":"https://doi.org/10.1109/allerton.2014.7028436","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 52nd Annual Allerton Conference on Communication, Control, and Computing (Allerton)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.7099999785423279,"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W150900648","https://openalex.org/W869594549","https://openalex.org/W1518944124","https://openalex.org/W1728518513","https://openalex.org/W1979809420","https://openalex.org/W1983262021","https://openalex.org/W2042229115","https://openalex.org/W2049557935","https://openalex.org/W2053051064","https://openalex.org/W2055034183","https://openalex.org/W2075132325","https://openalex.org/W2153335615","https://openalex.org/W2170956081","https://openalex.org/W2263875037","https://openalex.org/W2272593346","https://openalex.org/W2554080898","https://openalex.org/W3005150089","https://openalex.org/W3145826384","https://openalex.org/W4297802987"],"related_works":["https://openalex.org/W2901356298","https://openalex.org/W1978664422","https://openalex.org/W3123600988","https://openalex.org/W3087967308","https://openalex.org/W2156665530","https://openalex.org/W4250801984","https://openalex.org/W3007590317","https://openalex.org/W2349172376","https://openalex.org/W2269392318","https://openalex.org/W2389995912"],"abstract_inverted_index":{"We":[0,19,39,61],"consider":[1],"a":[2,26,35,51],"mechanism":[3,24,49],"design":[4],"problem":[5,64],"for":[6],"strategic":[7,52],"agents":[8],"with":[9,54],"multi-dimensional":[10],"private":[11],"information":[12],"and":[13,57,67],"uncertainty":[14],"in":[15],"their":[16],"utility/cost":[17],"functions.":[18],"show":[20],"that":[21,30],"the":[22,41,63],"optimal":[23,46],"is":[25],"menu":[27],"of":[28,65],"contracts":[29],"can":[31],"be":[32],"implemented":[33],"as":[34],"nonlinear":[36],"pricing":[37],"scheme.":[38],"illustrate":[40],"result":[42],"by":[43],"considering":[44],"an":[45],"energy":[47],"procurement":[48],"from":[50],"seller":[53],"conventional":[55],"(deterministic)":[56],"renewable":[58],"(random)":[59],"plants.":[60],"address":[62],"risk-sharing":[66],"ex-post":[68],"voluntary":[69],"participation":[70],"(commitment)":[71],"under":[72],"uncertainty.":[73]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
