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Related papers: Price Differentiation for Communication Networks

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We study a cost sharing problem derived from bug bounty programs, where agents gain utility by the amount of time they get to enjoy the cost shared information. Once the information is provided to an agent, it cannot be retracted. The goal,…

Computer Science and Game Theory · Computer Science 2020-06-26 Mingyu Guo , Yong Yang , Muhammad Ali Babar

A wireless system with multiple channels is considered, where each channel has several transmission states. A user learns about the instantaneous state of an available channel by transmitting a control packet in it. Since probing all…

Data Structures and Algorithms · Computer Science 2008-04-11 Sudipto Guha , Kamesh Munagala , Saswati Sarkar

Peer prediction mechanisms are often adopted to elicit truthful contributions from crowd workers when no ground-truth verification is available. Recently, mechanisms of this type have been developed to incentivize effort exertion, in…

Computer Science and Game Theory · Computer Science 2016-12-05 Yang Liu , Yiling Chen

This two-part paper addresses the design of retail electricity tariffs for distribution systems with distributed energy resources such as solar power and storage. In particular, the optimal design of dynamic two-part tariffs for a regulated…

Optimization and Control · Mathematics 2017-02-08 Daniel Munoz-Alvarez , Lang Tong

The classical optimal power flow problem optimizes the power flow in a power network considering the associated flow and operating constraints. In this paper, we investigate optimal power flow in the context of utility-maximizing demand…

Data Structures and Algorithms · Computer Science 2018-03-22 Majid Khonji , Chi-Kin Chau , Khaled Elbassioni

We study the algorithmic problem faced by an information holder (seller) who wants to optimally sell such information to a budged-constrained decision maker (buyer) that has to undertake some action. Differently from previous, we consider…

Computer Science and Game Theory · Computer Science 2023-02-01 Matteo Castiglioni , Francesco Bacchiocchi , Alberto Marchesi , Giulia Romano , Nicola Gatti

When a new product or technology is introduced, potential consumers can learn its quality by trying the product, at a risk, or by letting others try it and free-riding on the information that they generate. We propose a dynamic game to…

Economics · Quantitative Finance 2017-06-27 Matt V. Leduc , Matthew O. Jackson , Ramesh Johari

In this paper, we introduce a novel approach for power allocation in cellular networks. In our model, we use sigmoidal-like utility functions to represent different users' modulation schemes. Each utility function is a representation of the…

Networking and Internet Architecture · Computer Science 2015-10-07 Ahmed Abdelhadi , Awais Khawar , T. Charles Clancy

The Net Neutrality issue has been at the center of debate worldwide lately. Some countries have established laws so that principles of Net Neutrality are respected, the Netherlands being the latest country in Europe. Among the questions…

Computers and Society · Computer Science 2015-05-15 Alexandre Reiffers-Masson , Yezekael Hayel , Eitan Altman

Time-varying pricing tariffs incentivize consumers to shift their electricity demand and reduce costs, but may increase the energy burden for consumers with limited response capability. The utility must thus balance affordability and…

Machine Learning · Computer Science 2023-07-31 Liudong Chen , Bolun Xu

We consider the problem of a firm seeking to use personalized pricing to sell an exogenously given stock of a product over a finite selling horizon to different consumer types. We assume that the type of an arriving consumer can be observed…

Machine Learning · Computer Science 2021-10-08 Ningyuan Chen , Guillermo Gallego

A major challenge for ridesharing platforms is to guarantee profit and fairness simultaneously, especially in the presence of misaligned incentives of drivers and riders. We focus on the dispatching-pricing problem to maximize the total…

Optimization and Control · Mathematics 2022-07-14 Zishuo Zhao , Xi Chen , Xuefeng Zhang , Yuan Zhou

We compare the profit of the optimal third-degree price discrimination policy against a uniform pricing policy. A uniform pricing policy offers the same price to all segments of the market. Our main result establishes that for a broad class…

General Economics · Economics 2021-11-16 Dirk Bergemann , Francisco Castro , Gabriel Weintraub

This paper considers a time-varying optimization problem associated with a network of systems, with each of the systems shared by (and affecting) a number of individuals. The objective is to minimize cost functions associated with the…

Optimization and Control · Mathematics 2022-03-15 Ana M. Ospina , Andrea Simonetto , Emiliano Dall'Anese

As Internet-based commerce becomes increasingly widespread, large data sets about the demand for and pricing of a wide variety of products become available. These present exciting new opportunities for empirical economic and business…

Statistics Theory · Mathematics 2008-12-02 Anindya Ghose , Arun Sundararajan

In Cognitive Radio Networks (CRNs), secondary users (SUs) are allowed to opportunistically access the unused/under-utilized channels of primary users (PUs). To utilize spectrum resources efficiently, an auction scheme is often applied where…

Networking and Internet Architecture · Computer Science 2012-07-30 Shuang Li , Zizhan Zheng , Eylem Ekici , Ness Shroff

We study revenue optimization pricing algorithms for repeated posted-price auctions where a seller interacts with a single strategic buyer that holds a fixed private valuation. We show that, in the case when both the seller and the buyer…

Computer Science and Game Theory · Computer Science 2018-05-08 Arsenii Vanunts , Alexey Drutsa

A patient seller aims to sell a good to an impatient buyer (i.e., one who discounts utility over time). The buyer will remain in the market for a period of time $T$, and her private value is drawn from a publicly known distribution. What is…

Computer Science and Game Theory · Computer Science 2023-02-14 Yuan Deng , Jieming Mao , Balasubramanian Sivan , Kangning Wang

We study utility indifference prices and optimal purchasing quantities for a non-traded contingent claim in an incomplete semi-martingale market with vanishing hedging errors. We make connections with the theory of large deviations. We…

Probability · Mathematics 2016-02-12 Scott Robertson , Konstantinos Spiliopoulos

We consider a discrete time financial market with proportional transaction costs under model uncertainty, and study a num\'eraire-based semi-static utility maximization problem with an exponential utility preference. The randomization…

Mathematical Finance · Quantitative Finance 2019-08-02 Shuoqing Deng , Xiaolu Tan , Xiang Yu