Power Group Special Seminar: Ceyhun Eksin "Bayesian Network Games Approach to Demand Side Management in Smart Grids"
|Speaker||Ceyhun Eksin, University of Pennsylvania|
|Location:||301 Coordinated Science Laboratory|
|Event Contact:||Hao Zhu
Power Group Special Seminar
May 14, 2014
10:00am, 301 CSL
Bayesian Network Games Approach to Demand Side Management in Smart Grids
In many situations agents in a network are affected by the behavior of the whole society while only being able to access information in their local neighborhoods. A rational behavior model in these situations is to employ a strategy that maximizes expected utility with respect to the information available and a model on the expected strategies of other agents. When the model on the expected strategies of other agents is correct, the strategy profile is defined as the Bayesian Nash equilibrium. We call the repeated play of the equilibrium strategy in an environment with uncertainty and local information exchanges at each stage a Bayesian Network game. In this talk, I will discuss asymptotic properties of these games and for the particular case of quadratic payoffs we introduce the Bayesian Quadratic Network Game filter that agents can run locally to update their beliefs, select corresponding optimal actions, and eventually learn a sufficient statistic of the network's state. Lastly, I will present an application of the class of games considered and the filter to a demand side management model in smart grids with heterogeneous users and renewable energy supply uncertainty. Future research directions are discussed to close the talk.
Ceyhun Eksin is a final-year Ph.D. candidate in the department of Electrical and Systems Engineering at the University of Pennsylvania. He received his B.Sc. degree in Control Engineering from Istanbul Technical University, Turkey, in 2005 and the M.Sc. degree in Industrial Engineering from Bogaziçi University, Turkey, in 2008. His research focuses on understanding and designing networked interactions of agents in social and technological settings using game theory and distributed optimization.
If anyone is interested in meeting with Ceyhun Eksin during his visit here, please contact Prof. Hao Zhu at email@example.com.