2018 Optimization Days
HEC Montréal, Québec, Canada, 7 — 9 May 2018
MA11 Game theory
May 7, 2018 10:30 AM – 12:10 PM
Location: Xerox Canada (48)
Chaired by Bernard Fortz
3 Presentations
-
10:30 AM - 10:55 AM
Hub interdiction problem: Alternate solution approaches
We study the hub interdiction problem. The problem is modeled as a 2-stage sequential game, resulting in a bi-level mixed integer program. We present alternate approaches to reduce the model to single level, followed by efficient exact methods to solve the problem to optimality.
-
10:55 AM - 11:20 AM
Optimal policy for reforming energy subsidies in presence of heterogeneous consumers and suppliers
To raise the necessary public support for the energy consumption subsidies reform, a prevalent recommendation is to redistribute its revenue among the affected consumers. However, the main challenge to design a feasible and optimal policy is the scale and target of compensation payments, particularly in the presence of heterogeneous consumers and suppliers of non-energy goods. We study the problem of a social planner, which aims to maximize the national gain of reform while expecting a minimum purchasing power for the households. We analyze the impact of heterogeneity on the feasibility range of such a reform and compare the result of different compensation policies.
-
11:20 AM - 11:45 AM
Unit commitment under market equilibrium constraints
We consider an extension of the Unit Commitment problem with a second level of decisions ensuring that the produced quantities are cleared at market equilibrium. In their simplest form, market equilibrium constraints are equivalent to the first-order optimality conditions of a linear program. The UC in contrast is usually a mixed-integer nonlinear program (MINLP), that is linearized and solved with traditional Mixed Integer (linear) Programming (MIP) solvers. Taking a similar approach, we are faced to a bilevel optimization problem where the first level is a MIP and the second level linear.