Seminar Details:

LANS Informal Seminar
"MOPEC: Multiple Optimization Problems with Equilibrium Constraints"

DATE: March 26, 2013

TIME: 15:00:00 - 16:00:00
SPEAKER: Michael C. Ferris, Professor, Department of Computer Science, University of Wisconsin, Madison
LOCATION: Building 240, 7172, Argonne National Laboratory

Description:
We present a mechanism for describing and solving collections of optimization problems that are linked by equilibrium conditions. Included in this class are classical models such as the PIES model and agent based formulations arising from Nash Games. We demonstrate this mechanism in the context of energy planning problems, specifically for capacity expansion, hydro operation, and transmission line switching. We show how to incorporate stochastic information into these systems and give examples of their use and their possible extensions to hierarchical modeling.


 

Please send questions or suggestions to Debojyoti Ghosh: ghosh at mcs dot anl dot gov.