{"id":"https://openalex.org/W4383533542","doi":"https://doi.org/10.1145/3580507.3597732","title":"Pricing Optimal Outcomes in Coupled and Non-Convex Electricity Markets","display_name":"Pricing Optimal Outcomes in Coupled and Non-Convex Electricity Markets","publication_year":2023,"publication_date":"2023-07-07","ids":{"openalex":"https://openalex.org/W4383533542","doi":"https://doi.org/10.1145/3580507.3597732"},"language":"en","primary_location":{"id":"doi:10.1145/3580507.3597732","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3580507.3597732","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 24th ACM Conference on Economics and Computation","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/A5071032245","display_name":"Mete \u015eeref Ahunbay","orcid":"https://orcid.org/0000-0001-7397-2773"},"institutions":[{"id":"https://openalex.org/I62916508","display_name":"Technical University of Munich","ror":"https://ror.org/02kkvpp62","country_code":"DE","type":"education","lineage":["https://openalex.org/I62916508"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Mete \u015eeref Ahunbay","raw_affiliation_strings":["School of Computation, Information and Technology, Technical University of Munich, Garching, Germany"],"raw_orcid":"https://orcid.org/0000-0001-7397-2773","affiliations":[{"raw_affiliation_string":"School of Computation, Information and Technology, Technical University of Munich, Garching, Germany","institution_ids":["https://openalex.org/I62916508"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5081991753","display_name":"Martin Bichler","orcid":"https://orcid.org/0000-0001-5491-2935"},"institutions":[{"id":"https://openalex.org/I62916508","display_name":"Technical University of Munich","ror":"https://ror.org/02kkvpp62","country_code":"DE","type":"education","lineage":["https://openalex.org/I62916508"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Martin Bichler","raw_affiliation_strings":["School of Computation, Information and Technology, Technical University of Munich, Garching, Germany"],"raw_orcid":"https://orcid.org/0000-0001-5491-2935","affiliations":[{"raw_affiliation_string":"School of Computation, Information and Technology, Technical University of Munich, Garching, Germany","institution_ids":["https://openalex.org/I62916508"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5078150756","display_name":"Johannes Kn\u00f6rr","orcid":"https://orcid.org/0000-0003-0952-2633"},"institutions":[{"id":"https://openalex.org/I62916508","display_name":"Technical University of Munich","ror":"https://ror.org/02kkvpp62","country_code":"DE","type":"education","lineage":["https://openalex.org/I62916508"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Johannes Kn\u00f6rr","raw_affiliation_strings":["School of Computation, Information and Technology, Technical University of Munich, Garching, Germany"],"raw_orcid":"https://orcid.org/0000-0003-0952-2633","affiliations":[{"raw_affiliation_string":"School of Computation, Information and Technology, Technical University of Munich, Garching, Germany","institution_ids":["https://openalex.org/I62916508"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5071032245"],"corresponding_institution_ids":["https://openalex.org/I62916508"],"apc_list":null,"apc_paid":null,"fwci":0.1278,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.42175286,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":null,"issue":null,"first_page":"59","last_page":"59"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.8998000025749207,"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"}},"topics":[{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.8998000025749207,"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/T10603","display_name":"Smart Grid Energy Management","score":0.8550000190734863,"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/T12137","display_name":"Economic theories and models","score":0.7892000079154968,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/regular-polygon","display_name":"Regular polygon","score":0.5788113474845886},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5555757880210876},{"id":"https://openalex.org/keywords/competitive-equilibrium","display_name":"Competitive equilibrium","score":0.5471944808959961},{"id":"https://openalex.org/keywords/pareto-principle","display_name":"Pareto principle","score":0.5330501794815063},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5306497812271118},{"id":"https://openalex.org/keywords/welfare","display_name":"Welfare","score":0.5085786581039429},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5083925127983093},{"id":"https://openalex.org/keywords/perfect-competition","display_name":"Perfect competition","score":0.472053587436676},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.4648273289203644},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.41633516550064087},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.40575385093688965},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3583383858203888},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.20454511046409607},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.10259389877319336},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.08518552780151367}],"concepts":[{"id":"https://openalex.org/C112680207","wikidata":"https://www.wikidata.org/wiki/Q714886","display_name":"Regular polygon","level":2,"score":0.5788113474845886},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5555757880210876},{"id":"https://openalex.org/C2780964549","wikidata":"https://www.wikidata.org/wiki/Q5156353","display_name":"Competitive equilibrium","level":2,"score":0.5471944808959961},{"id":"https://openalex.org/C137635306","wikidata":"https://www.wikidata.org/wiki/Q182667","display_name":"Pareto principle","level":2,"score":0.5330501794815063},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5306497812271118},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.5085786581039429},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5083925127983093},{"id":"https://openalex.org/C26578527","wikidata":"https://www.wikidata.org/wiki/Q183384","display_name":"Perfect competition","level":2,"score":0.472053587436676},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4648273289203644},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.41633516550064087},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.40575385093688965},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3583383858203888},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.20454511046409607},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.10259389877319336},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.08518552780151367},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","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}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3580507.3597732","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3580507.3597732","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 24th ACM Conference on Economics and Computation","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G3063922252","display_name":null,"funder_award_id":"BI 1057/9-1","funder_id":"https://openalex.org/F4320320879","funder_display_name":"Deutsche Forschungsgemeinschaft"}],"funders":[{"id":"https://openalex.org/F4320320879","display_name":"Deutsche Forschungsgemeinschaft","ror":"https://ror.org/018mejw64"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3086124254","https://openalex.org/W1602950092","https://openalex.org/W3125007484","https://openalex.org/W3121454543","https://openalex.org/W1588048625","https://openalex.org/W2160882334","https://openalex.org/W2049206792","https://openalex.org/W2622080356","https://openalex.org/W1500687758","https://openalex.org/W1854783843"],"abstract_inverted_index":{"According":[0],"to":[1,44,65],"the":[2,40],"fundamental":[3],"theorems":[4],"of":[5],"welfare":[6],"economics,":[7],"any":[8],"competitive":[9,15],"equilibrium":[10,16],"is":[11],"Pareto":[12],"efficient.":[13],"Unfortunately,":[14],"prices":[17],"only":[18],"exist":[19],"under":[20],"strong":[21],"assumptions":[22],"such":[23],"as":[24],"perfectly":[25],"divisible":[26],"goods":[27],"and":[28,39],"convex":[29],"preferences.":[30],"In":[31],"many":[32,59],"real-world":[33,60],"markets,":[34,61],"participants":[35],"have":[36],"non-convex":[37],"preferences":[38],"allocation":[41],"problem":[42],"needs":[43],"consider":[45],"complex":[46],"constraints.":[47],"Electricity":[48],"markets":[49],"are":[50],"a":[51,66],"prime":[52],"example,":[53],"but":[54],"similar":[55],"problems":[56],"appear":[57],"in":[58,69],"which":[62],"has":[63],"led":[64],"growing":[67],"literature":[68],"market":[70],"design.":[71]},"counts_by_year":[{"year":2024,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
