{"id":"https://openalex.org/W7123343816","doi":"https://doi.org/10.1109/cdc57313.2025.11313027","title":"A Scenario-Based Approach for Stochastic Economic Model Predictive Control with an Expected Shortfall Constraint","display_name":"A Scenario-Based Approach for Stochastic Economic Model Predictive Control with an Expected Shortfall Constraint","publication_year":2025,"publication_date":"2025-12-09","ids":{"openalex":"https://openalex.org/W7123343816","doi":"https://doi.org/10.1109/cdc57313.2025.11313027"},"language":"it","primary_location":{"id":"doi:10.1109/cdc57313.2025.11313027","is_oa":false,"landing_page_url":"https://doi.org/10.1109/cdc57313.2025.11313027","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2025 IEEE 64th Conference on Decision and Control (CDC)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://hdl.handle.net/11379/641465","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009578692","display_name":"Alireza Arastou","orcid":"https://orcid.org/0000-0002-8997-3970"},"institutions":[{"id":"https://openalex.org/I165779595","display_name":"University of Melbourne","ror":"https://ror.org/01ej9dk98","country_code":"AU","type":"education","lineage":["https://openalex.org/I165779595"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Alireza Arastou","raw_affiliation_strings":["The University of Melbourne,Department of Electrical and Electronic Engineering,Melbourne,Victoria,Australia,3010"],"affiliations":[{"raw_affiliation_string":"The University of Melbourne,Department of Electrical and Electronic Engineering,Melbourne,Victoria,Australia,3010","institution_ids":["https://openalex.org/I165779595"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5041504448","display_name":"Algo Car\u00e8","orcid":"https://orcid.org/0000-0002-5658-8988"},"institutions":[{"id":"https://openalex.org/I79940851","display_name":"University of Brescia","ror":"https://ror.org/02q2d2610","country_code":"IT","type":"education","lineage":["https://openalex.org/I79940851"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Algo Car\u00e8","raw_affiliation_strings":["University of Brescia,Department of Information Engineering,Brescia,Italy,25123"],"affiliations":[{"raw_affiliation_string":"University of Brescia,Department of Information Engineering,Brescia,Italy,25123","institution_ids":["https://openalex.org/I79940851"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5122856573","display_name":"Ye Wang","orcid":null},"institutions":[{"id":"https://openalex.org/I71270174","display_name":"Victoria University","ror":"https://ror.org/04j757h98","country_code":"AU","type":"education","lineage":["https://openalex.org/I71270174"]},{"id":"https://openalex.org/I165779595","display_name":"University of Melbourne","ror":"https://ror.org/01ej9dk98","country_code":"AU","type":"education","lineage":["https://openalex.org/I165779595"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Ye Wang","raw_affiliation_strings":["The University of Melbourne,School of Mathematics and Statistics,Melbourne,Victoria,Australia,3010"],"affiliations":[{"raw_affiliation_string":"The University of Melbourne,School of Mathematics and Statistics,Melbourne,Victoria,Australia,3010","institution_ids":["https://openalex.org/I165779595","https://openalex.org/I71270174"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5113665673","display_name":"Marco Campi","orcid":null},"institutions":[{"id":"https://openalex.org/I79940851","display_name":"University of Brescia","ror":"https://ror.org/02q2d2610","country_code":"IT","type":"education","lineage":["https://openalex.org/I79940851"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Marco Campi","raw_affiliation_strings":["University of Brescia,Department of Information Engineering,Brescia,Italy,25123"],"affiliations":[{"raw_affiliation_string":"University of Brescia,Department of Information Engineering,Brescia,Italy,25123","institution_ids":["https://openalex.org/I79940851"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5006079845","display_name":"E. Weyer","orcid":null},"institutions":[{"id":"https://openalex.org/I165779595","display_name":"University of Melbourne","ror":"https://ror.org/01ej9dk98","country_code":"AU","type":"education","lineage":["https://openalex.org/I165779595"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Erik Weyer","raw_affiliation_strings":["The University of Melbourne,Department of Electrical and Electronic Engineering,Melbourne,Victoria,Australia,3010"],"affiliations":[{"raw_affiliation_string":"The University of Melbourne,Department of Electrical and Electronic Engineering,Melbourne,Victoria,Australia,3010","institution_ids":["https://openalex.org/I165779595"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5009578692"],"corresponding_institution_ids":["https://openalex.org/I165779595"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.69610965,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"4684","last_page":"4689"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10791","display_name":"Advanced Control Systems Optimization","score":0.9807999730110168,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10791","display_name":"Advanced Control Systems Optimization","score":0.9807999730110168,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems 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/T11053","display_name":"Process Optimization and Integration","score":0.003100000089034438,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems 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/T11413","display_name":"Risk and Portfolio Optimization","score":0.002099999925121665,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/probabilistic-logic","display_name":"Probabilistic logic","score":0.6729999780654907},{"id":"https://openalex.org/keywords/constraint","display_name":"Constraint (computer-aided design)","score":0.6207000017166138},{"id":"https://openalex.org/keywords/expected-shortfall","display_name":"Expected shortfall","score":0.5120999813079834},{"id":"https://openalex.org/keywords/heuristic","display_name":"Heuristic","score":0.5095999836921692},{"id":"https://openalex.org/keywords/model-predictive-control","display_name":"Model predictive control","score":0.42980000376701355},{"id":"https://openalex.org/keywords/control","display_name":"Control (management)","score":0.3774999976158142},{"id":"https://openalex.org/keywords/probability-distribution","display_name":"Probability distribution","score":0.3714999854564667},{"id":"https://openalex.org/keywords/budget-constraint","display_name":"Budget constraint","score":0.32420000433921814}],"concepts":[{"id":"https://openalex.org/C49937458","wikidata":"https://www.wikidata.org/wiki/Q2599292","display_name":"Probabilistic logic","level":2,"score":0.6729999780654907},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.6446999907493591},{"id":"https://openalex.org/C2776036281","wikidata":"https://www.wikidata.org/wiki/Q48769818","display_name":"Constraint (computer-aided design)","level":2,"score":0.6207000017166138},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.51419997215271},{"id":"https://openalex.org/C5496284","wikidata":"https://www.wikidata.org/wiki/Q5420856","display_name":"Expected shortfall","level":3,"score":0.5120999813079834},{"id":"https://openalex.org/C173801870","wikidata":"https://www.wikidata.org/wiki/Q201413","display_name":"Heuristic","level":2,"score":0.5095999836921692},{"id":"https://openalex.org/C172205157","wikidata":"https://www.wikidata.org/wiki/Q1782962","display_name":"Model predictive control","level":3,"score":0.42980000376701355},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.3774999976158142},{"id":"https://openalex.org/C149441793","wikidata":"https://www.wikidata.org/wiki/Q200726","display_name":"Probability distribution","level":2,"score":0.3714999854564667},{"id":"https://openalex.org/C8505890","wikidata":"https://www.wikidata.org/wiki/Q605095","display_name":"Budget constraint","level":2,"score":0.32420000433921814},{"id":"https://openalex.org/C119693030","wikidata":"https://www.wikidata.org/wiki/Q2180497","display_name":"Economic model","level":2,"score":0.3206999897956848},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3174000084400177},{"id":"https://openalex.org/C98385598","wikidata":"https://www.wikidata.org/wiki/Q1339385","display_name":"Empirical distribution function","level":2,"score":0.30480000376701355},{"id":"https://openalex.org/C2778067643","wikidata":"https://www.wikidata.org/wiki/Q166507","display_name":"Interval (graph theory)","level":2,"score":0.30079999566078186},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.2996000051498413},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2879999876022339},{"id":"https://openalex.org/C137631369","wikidata":"https://www.wikidata.org/wiki/Q7617831","display_name":"Stochastic programming","level":2,"score":0.28529998660087585},{"id":"https://openalex.org/C41045048","wikidata":"https://www.wikidata.org/wiki/Q202843","display_name":"Linear programming","level":2,"score":0.2824999988079071},{"id":"https://openalex.org/C170131372","wikidata":"https://www.wikidata.org/wiki/Q7617811","display_name":"Stochastic control","level":3,"score":0.27219998836517334},{"id":"https://openalex.org/C114289077","wikidata":"https://www.wikidata.org/wiki/Q3284399","display_name":"Statistical model","level":2,"score":0.26269999146461487},{"id":"https://openalex.org/C179799912","wikidata":"https://www.wikidata.org/wiki/Q205084","display_name":"Computational complexity theory","level":2,"score":0.2623000144958496},{"id":"https://openalex.org/C127491075","wikidata":"https://www.wikidata.org/wiki/Q7617825","display_name":"Stochastic modelling","level":2,"score":0.2538999915122986}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/cdc57313.2025.11313027","is_oa":false,"landing_page_url":"https://doi.org/10.1109/cdc57313.2025.11313027","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2025 IEEE 64th Conference on Decision and Control (CDC)","raw_type":"proceedings-article"},{"id":"pmh:oai:iris.unibs.it:11379/641465","is_oa":true,"landing_page_url":"https://hdl.handle.net/11379/641465","pdf_url":null,"source":{"id":"https://openalex.org/S4306400804","display_name":"Institutional Research Information System (Universit\u00e0 degli Studi di Brescia)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I66752286","host_organization_name":"University of Milano-Bicocca","host_organization_lineage":["https://openalex.org/I66752286"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/conferenceObject"}],"best_oa_location":{"id":"pmh:oai:iris.unibs.it:11379/641465","is_oa":true,"landing_page_url":"https://hdl.handle.net/11379/641465","pdf_url":null,"source":{"id":"https://openalex.org/S4306400804","display_name":"Institutional Research Information System (Universit\u00e0 degli Studi di Brescia)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I66752286","host_organization_name":"University of Milano-Bicocca","host_organization_lineage":["https://openalex.org/I66752286"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/conferenceObject"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"This":[0],"paper":[1],"presents":[2],"a":[3,107],"novel":[4],"approach":[5,103],"to":[6,26,66,76,89],"stochastic":[7],"economic":[8,16],"model":[9],"predictive":[10],"control":[11],"(SEMPC)":[12],"that":[13],"minimizes":[14],"average":[15,43],"cost":[17,44],"while":[18,40],"satisfying":[19],"an":[20,84,99],"empirical":[21],"expected":[22],"shortfall":[23],"(EES)":[24],"constraint":[25],"manage":[27],"risk.":[28,118],"A":[29,71],"new":[30],"scenario-based":[31],"problem":[32,97],"formulation":[33],"ensuring":[34],"controlled":[35],"risk":[36],"with":[37,98],"high":[38],"confidence":[39],"minimizing":[41],"the":[42,53,59,78,91,95],"is":[45,50,64,74,87,104],"introduced.":[46],"The":[47,102],"probabilistic":[48],"guarantees":[49],"dependent":[51],"on":[52,106],"number":[54,79],"of":[55,80,94],"support":[56,81],"elements":[57],"over":[58],"entire":[60],"input":[61],"domain,":[62],"which":[63],"difficult":[65],"find":[67,77],"for":[68],"high-dimensional":[69],"systems.":[70],"heuristic":[72],"algorithm":[73],"proposed":[75],"elements.":[82],"Finally,":[83],"efficient":[85],"method":[86],"presented":[88],"reduce":[90],"computational":[92],"complexity":[93],"SEMPC":[96],"EES":[100],"constraint.":[101],"validated":[105],"water":[108],"distribution":[109],"network,":[110],"showing":[111],"its":[112],"effectiveness":[113],"in":[114],"balancing":[115],"performance":[116],"and":[117]},"counts_by_year":[],"updated_date":"2026-03-05T09:29:38.588285","created_date":"2026-01-14T00:00:00"}