Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Learning Large Electrical Loads via Flexible Contracts with Commitment   Large electricity customers (e.g., large data centers) can exhibit huge and
variable electricity demands, which poses significant challenges for the
electricity suppliers to plan for sufficient capacity. Thus, it is desirable to
design incentive and coordination mechanisms between the customers and the
supplier to lower the capacity cost. This paper proposes a novel scheme based
on flexible contracts. Unlike existing demand-side management schemes in the
literature, a flexible contract leads to information revelation. That is, a
customer committing to a flexible contract reveals valuable information about
its future demand to the supplier. Such information revelation allows the
customers and the supplier to share the risk of future demand uncertainty. On
the other hand, the customer will still retain its autonomy in operation. We
address two key challenges for the design of optimal flexible contracts: i) the
contract design is a non-convex optimization problem and is intractable for a
large number of customer types, and ii) the design should be robust to
unexpected or adverse responses of the customers, i.e., a customer facing more
than one contract yielding the same benefit may choose the contract less
favorable to the supplier. We address these challenges by proposing sub-optimal
contracts of low computational complexity that can achieve a provable fraction
of the performance gain under the global optimum.

27
The categories of this paper are: comp-gas
0
The categories of this paper are: hep-ph
14
The categories of this paper are: math-ph
29
The categories of this paper are: funct-an
6
The categories of this paper are: astro-ph
24
The categories of this paper are: dg-ga
18
The categories of this paper are: econ
9
The categories of this paper are: nlin
15
The categories of this paper are: nucl-ex
20
The categories of this paper are: acc-phys
35
The categories of this paper are: mtrl-th
37
The categories of this paper are: supr-con
31
The categories of this paper are: ao-sci
23
The categories of this paper are: solv-int
30
The categories of this paper are: q-alg
2
The categories of this paper are: math