Distributionally Robust Joint Information and Mechanism Design for Multi-Area Power System Coordination (opens in new tab)

We study a continuous-time stochastic Stackelberg control problem in which a leader steers a system of strategic followers through two non-standard channels - the information structure and a transfer mechanism - rather than through the dynamics directly. The latent environment is a jump-diffusion; the leader commits to a Gaussian public-signaling channel whose belief consequences are tracked by a finite-dimensional projection filter (the exact...