Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Effects of Risk on Privacy Contracts for Demand-Side Management   As smart meters continue to be deployed around the world collecting
unprecedented levels of fine-grained data about consumers, we need to find
mechanisms that are fair to both, (1) the electric utility who needs the data
to improve their operations, and (2) the consumer who has a valuation of
privacy but at the same time benefits from sharing consumption data. In this
paper we address this problem by proposing privacy contracts between electric
utilities and consumers with the goal of maximizing the social welfare of both.
Our mathematical model designs an optimization problem between a population of
users that have different valuations on privacy and the costs of operation by
the utility. We then show how contracts can change depending on the probability
of a privacy breach. This line of research can help inform not only current but
also future smart meter collection practices.

24
The categories of this paper are: dg-ga
11
The categories of this paper are: hep-lat
14
The categories of this paper are: math-ph
17
The categories of this paper are: q-fin
8
The categories of this paper are: hep-ex
36
The categories of this paper are: cmp-lg
3
The categories of this paper are: physics
27
The categories of this paper are: comp-gas
21
The categories of this paper are: adap-org
25
The categories of this paper are: patt-sol
37
The categories of this paper are: supr-con
32
The categories of this paper are: atom-ph
19
The categories of this paper are: eess
4
The categories of this paper are: cond-mat
20
The categories of this paper are: acc-phys
29
The categories of this paper are: funct-an