Related papers: Option contracts for a privacy-aware market
Traceability and auditability are key structures that are vital in supply chain management and construction. However, trust is the most important aspect of customers in these systems. Also, we have to rely on third parties to trade in…
We study how privacy technologies affect user and advertiser behavior in a simple economic model of targeted advertising. In our model, a consumer first decides whether or not to buy a good, and then an advertiser chooses an advertisement…
Product personalization opens the door to price discrimination. A rich product line allows firms to better tailor products to consumers' tastes, but the mere choice of a product carries valuable information about consumers that can be…
With the rapid increase in computing, storage and networking resources, data is not only collected and stored, but also analyzed. This creates a serious privacy problem which often inhibits the use of this data. In this chapter, we…
Access to smart meter data offers system-wide benefits but raises significant privacy concerns due to the personal information it contains. Privacy-preserving techniques could facilitate wider access, though they introduce privacy-utility…
The global trend of energy deregulation has led to the market mechanism replacing some functionality of load frequency control (LFC). Accordingly, information exchange among participating generators and the market operator plays a crucial…
A privacy-utility tradeoff is developed for an arbitrary set of finite-alphabet source distributions. Privacy is quantified using differential privacy (DP), and utility is quantified using expected Hamming distortion maximized over the set…
An employer contracts with a worker to incentivize efforts whose productivity depends on ability; the worker then enters a market that pays him contingent on ability evaluation. With non-additive monitoring technology, the interdependence…
Private data query combines mechanism design with privacy protection to produce aggregated statistics from privately-owned data records. The problem arises in a data marketplace where data owners have personalised privacy requirements and…
Option contracts are a type of financial derivative that allow investors to hedge risk and speculate on the variation of an asset's future market price. In short, an option has a particular payout that is based on the market price for an…
Databases are an indispensable resource for retrieving up-to-date information. However, curious database operators may be able to find out the users' interests when the users buy something from the database. For these cases, if the digital…
The proliferation of data collection and machine learning techniques has created an opportunity for commercialization of private data by data aggregators. In this paper, we study this data monetization problem using a contract-theoretic…
Linear programming is a fundamental tool in a wide range of decision systems. However, without privacy protections, sharing the solution to a linear program may reveal information about the underlying data used to formulate it, which may be…
We consider mechanisms for markets that are double-sided and have players with multi-dimensional strategic spaces on at least one side. The players of the market are strategic, and act to optimize their own utilities. The mechanism…
Targeted advertising has transformed the marketing landscape for a wide variety of businesses, by creating new opportunities for advertisers to reach prospective customers by delivering personalised ads, using an infrastructure of a number…
Smart grids are being increasingly deployed worldwide, as they constitute the electricity grid of the future, providing bidirectional communication between households. One of their main potential applications is the peer-to-peer (P2P)…
An asymmetric information model is introduced for the situation in which there is a small agent who is more susceptible to the flow of information in the market than the general market participant, and who tries to implement strategies…
A platform charges a producer for disclosing quality evidence to consumers before trade. It aims to maximize its revenue guarantee across potentially multiple equilibria which arise from the interdependence of producer purchase decisions…
Motivated by demand-side management in smart grids, a decentralized controlled Markov chain formulation is proposed to model a homogeneous population of users with binary demands (i.e., off or on). The binary demands often arise in…
A mechanism for releasing information about a statistical database with sensitive data must resolve a trade-off between utility and privacy. Privacy can be rigorously quantified using the framework of {\em differential privacy}, which…