{"id":"https://openalex.org/W7155371194","doi":"https://doi.org/10.48550/arxiv.2604.20586","title":"A Hierarchical MARL-Based Approach for Coordinated Retail P2P Trading and Wholesale Market Participation of DERs","display_name":"A Hierarchical MARL-Based Approach for Coordinated Retail P2P Trading and Wholesale Market Participation of DERs","publication_year":2026,"publication_date":"2026-04-22","ids":{"openalex":"https://openalex.org/W7155371194","doi":"https://doi.org/10.48550/arxiv.2604.20586"},"language":null,"primary_location":{"id":"doi:10.48550/arxiv.2604.20586","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2604.20586","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"type":"preprint","indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.48550/arxiv.2604.20586","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5024244210","display_name":"Patrick Wilk","orcid":null},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Wilk, Patrick","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5093082181","display_name":"Ethan Cantor","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Cantor, Ethan","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5134414735","display_name":"Yikui Liu","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Liu, Yikui","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5100428230","display_name":"Jie Li","orcid":"https://orcid.org/0000-0002-3272-4850"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Li, Jie","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5024244210"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9433000087738037,"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/T10603","display_name":"Smart Grid Energy Management","score":0.9433000087738037,"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":0.014700000174343586,"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/T10223","display_name":"Microgrid Control and Optimization","score":0.005799999926239252,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/electrification","display_name":"Electrification","score":0.6459000110626221},{"id":"https://openalex.org/keywords/flexibility","display_name":"Flexibility (engineering)","score":0.5803999900817871},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5317999720573425},{"id":"https://openalex.org/keywords/stackelberg-competition","display_name":"Stackelberg competition","score":0.5135999917984009},{"id":"https://openalex.org/keywords/decentralization","display_name":"Decentralization","score":0.503600001335144},{"id":"https://openalex.org/keywords/common-value-auction","display_name":"Common value auction","score":0.47870001196861267},{"id":"https://openalex.org/keywords/grid","display_name":"Grid","score":0.46970000863075256},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.4553999900817871},{"id":"https://openalex.org/keywords/work","display_name":"Work (physics)","score":0.44440001249313354},{"id":"https://openalex.org/keywords/distributed-generation","display_name":"Distributed generation","score":0.44339999556541443}],"concepts":[{"id":"https://openalex.org/C2778324724","wikidata":"https://www.wikidata.org/wiki/Q1076056","display_name":"Electrification","level":3,"score":0.6459000110626221},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5849999785423279},{"id":"https://openalex.org/C2780598303","wikidata":"https://www.wikidata.org/wiki/Q65921492","display_name":"Flexibility (engineering)","level":2,"score":0.5803999900817871},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5317999720573425},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5178999900817871},{"id":"https://openalex.org/C199510392","wikidata":"https://www.wikidata.org/wiki/Q1184602","display_name":"Stackelberg competition","level":2,"score":0.5135999917984009},{"id":"https://openalex.org/C136810230","wikidata":"https://www.wikidata.org/wiki/Q188961","display_name":"Decentralization","level":2,"score":0.503600001335144},{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.47870001196861267},{"id":"https://openalex.org/C187691185","wikidata":"https://www.wikidata.org/wiki/Q2020720","display_name":"Grid","level":2,"score":0.46970000863075256},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.4553999900817871},{"id":"https://openalex.org/C18762648","wikidata":"https://www.wikidata.org/wiki/Q42213","display_name":"Work (physics)","level":2,"score":0.44440001249313354},{"id":"https://openalex.org/C544738498","wikidata":"https://www.wikidata.org/wiki/Q861135","display_name":"Distributed generation","level":3,"score":0.44339999556541443},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.43470001220703125},{"id":"https://openalex.org/C10558101","wikidata":"https://www.wikidata.org/wiki/Q689855","display_name":"Smart grid","level":2,"score":0.40380001068115234},{"id":"https://openalex.org/C57101690","wikidata":"https://www.wikidata.org/wiki/Q2356921","display_name":"Electricity retailing","level":4,"score":0.39559999108314514},{"id":"https://openalex.org/C205875254","wikidata":"https://www.wikidata.org/wiki/Q17156857","display_name":"Decentralised system","level":3,"score":0.3476000130176544},{"id":"https://openalex.org/C2742236","wikidata":"https://www.wikidata.org/wiki/Q924713","display_name":"Efficient energy use","level":2,"score":0.328900009393692},{"id":"https://openalex.org/C185874996","wikidata":"https://www.wikidata.org/wiki/Q269699","display_name":"Interdependence","level":2,"score":0.3231000006198883},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.32280001044273376},{"id":"https://openalex.org/C40293303","wikidata":"https://www.wikidata.org/wiki/Q27137","display_name":"Electric power","level":3,"score":0.3172999918460846},{"id":"https://openalex.org/C2775881736","wikidata":"https://www.wikidata.org/wiki/Q1274157","display_name":"Market power","level":3,"score":0.31619998812675476},{"id":"https://openalex.org/C109747225","wikidata":"https://www.wikidata.org/wiki/Q815758","display_name":"Scarcity","level":2,"score":0.30970001220703125},{"id":"https://openalex.org/C2776849302","wikidata":"https://www.wikidata.org/wiki/Q1239166","display_name":"Energy market","level":3,"score":0.2989000082015991},{"id":"https://openalex.org/C145071142","wikidata":"https://www.wikidata.org/wiki/Q1411116","display_name":"Fictitious play","level":3,"score":0.2939999997615814},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.2935999929904938},{"id":"https://openalex.org/C2984820357","wikidata":"https://www.wikidata.org/wiki/Q126793","display_name":"Retail market","level":2,"score":0.2896000146865845},{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.275299996137619},{"id":"https://openalex.org/C97541855","wikidata":"https://www.wikidata.org/wiki/Q830687","display_name":"Reinforcement learning","level":2,"score":0.27140000462532043},{"id":"https://openalex.org/C2776784348","wikidata":"https://www.wikidata.org/wiki/Q5762595","display_name":"Microgrid","level":3,"score":0.2685999870300293},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.2639000117778778},{"id":"https://openalex.org/C4679612","wikidata":"https://www.wikidata.org/wiki/Q866298","display_name":"Aggregate (composite)","level":2,"score":0.2614000141620636},{"id":"https://openalex.org/C2994544150","wikidata":"https://www.wikidata.org/wiki/Q220695","display_name":"Wholesale market","level":3,"score":0.258899986743927},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2558000087738037},{"id":"https://openalex.org/C183003079","wikidata":"https://www.wikidata.org/wiki/Q1000371","display_name":"Personalization","level":2,"score":0.25529998540878296},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.25270000100135803},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.2502000033855438}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.48550/arxiv.2604.20586","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2604.20586","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.48550/arxiv.2604.20586","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2604.20586","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/7","score":0.49004724621772766,"display_name":"Affordable and clean energy"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"The":[0],"ongoing":[1],"shift":[2],"towards":[3],"decentralization":[4],"of":[5,21],"the":[6,12,31],"electric":[7],"energy":[8,23,41],"sector,":[9],"driven":[10],"by":[11],"growing":[13],"electrification":[14],"across":[15],"end-use":[16],"sectors,":[17],"and":[18,42,65,95],"widespread":[19],"adoption":[20],"distributed":[22],"resources":[24],"(DERs),":[25],"necessitates":[26],"their":[27],"active":[28],"participation":[29,51,105,122],"in":[30,59,91,106],"electricity":[32],"markets":[33],"to":[34,54,85,89,101,115],"support":[35],"grid":[36,62],"operations.":[37],"Furthermore,":[38],"with":[39],"bi-directional":[40],"communication":[43],"flows":[44],"becoming":[45],"standard,":[46],"intelligent,":[47],"easy-to-deploy,":[48],"resource-conservative":[49],"demand-side":[50],"is":[52,113],"expected":[53],"play":[55],"a":[56,71,77,110],"critical":[57],"role":[58],"securing":[60],"power":[61],"operational":[63],"flexibility":[64],"market":[66,72,121,126],"efficiency.":[67],"This":[68],"work":[69],"proposes":[70],"engagement":[73],"framework":[74,123],"that":[75],"leverages":[76],"hierarchical":[78,118],"multi-agent":[79],"deep":[80],"reinforcement":[81],"learning":[82],"(MARL)":[83],"approach":[84],"enable":[86],"individual":[87],"prosumers":[88,100],"participate":[90],"peer-to-peer":[92],"retail":[93],"auctions":[94],"further":[96],"aggregate":[97],"these":[98],"intelligent":[99],"facilitate":[102],"effective":[103],"DER":[104,120],"wholesale":[107],"markets.":[108],"Ultimately,":[109],"Stackelberg":[111],"game":[112],"proposed":[114],"coordinate":[116],"this":[117],"MARL-based":[119],"toward":[124],"enhanced":[125],"performance.":[127]},"counts_by_year":[],"updated_date":"2026-04-29T09:16:38.111599","created_date":"2026-04-24T00:00:00"}