CRC-TRR 154/1: Multicriteria Optimization Subject to Equilibrium Constraints at the Example of Gas Markets (SP B02)

The objective is to provide a mathematical description of markets that are coupled with physical processes for investigating economic questions regarding the behavior of market participants or optimal capacity utilization of the transport network. The main focus lies on analyzing generalized Nash equilibrium problems that include the physical processes as well as state- and control-constraints, the efficient numerical treatment of such problems and consideration of agents that are risk-averse against uncertainties in various parameters of the mathematical model.