The electricity-carbon coupled markets have emerged as a pivotal mechanism for integrating renewable energy into virtual power plants and accelerating decarbonization in the power sector. With the diversification of virtual power plant types and the continued evolution of peer-to-peer trading in...

We study stability notions for networked many-to-many matching markets with individually insignificant agents in distributional form. Outcomes are formulated as joint distributions over characteristics of agents and contract choices. Characteristics can lie in an arbitrary Polish space. We...

In this paper, we study an intertemporal utility maximization problem in which an investor chooses consumption and portfolio strategies in the presence of a stochastic factor and a no-borrowing constraint. In the spirit of the Kim-Omberg model, the stochastic factor represents the excess return...

Firms' efforts to reduce pollution emissions in their production processes are induced by market forces as well as governmental regulatory instruments. The market forces, which might induce firms to increase production to maximize profits, work at cross-purposes. One of the common solutions is...