Maxim Bichuch is an Assistant Professor in Johns Hopkins University. Maxim holds a MS from NYU and a PhD from CMU both in Financial Mathematics. He has been a Postdoctoral Research Associate & Lecturer in the ORFE department in Princeton, and an Assistant Professor at WPI, before joining the department of Applied Math & Stats at JHU. Prior to obtaining his PhD Maxim has also gained corporate experience working for Citigroup and Bear Stearns. Maxim's work spans areas from utility optimization in incomplete markets, and markets with frictions to systemic risk and electricity.
The authors model a hierarchical Stackelberg game in a competitive power market under high behind-the-meter photovoltaics penetration and demand-side uncertainty, with emphasis on the feedback loop between distributed generation via photovoltaics and…