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We study the problems of pricing an indivisible product to consumers who are embedded in a given social network. The goal is to maximize the revenue of the seller. We assume impatient consumers who buy the product as soon as the seller…

Computer Science and Game Theory · Computer Science 2015-02-10 Zhigang Cao , Xujin Chen , Xiaodong Hu , Changjun Wang

This paper revisits the classic instrument choice problem in a setting with consumption externalities, through the lens of robust mechanism design. A regulator can implement any incentive-compatible policy but is uncertain about how…

General Economics · Economics 2026-03-18 Zi Yang Kang

Internet-of-Things (IoT) enables the development of sharing economy applications. In many sharing economy scenarios, agents both produce as well as consume a resource; we call them prosumers. A community of prosumers agrees to sell excess…

Systems and Control · Computer Science 2023-10-19 Syed Eqbal Alam , Robert Shorten , Fabian Wirth , Jia Yuan Yu

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

In digital goods auctions, there is an auctioneer who sells an item with unlimited supply to a set of potential buyers, and the objective is to design truthful auction to maximize the total profit of the auctioneer. Motivated from an…

Computer Science and Game Theory · Computer Science 2011-07-27 Nick Gravin , Pinyan Lu

A competitive market is modeled as a game of incomplete information. One player observes some payoff-relevant state and can sell (possibly noisy) messages thereof to the other, whose willingness to pay is contingent on their own beliefs. We…

Computer Science and Game Theory · Computer Science 2025-05-02 Thomas Falconer , Anubhav Ratha , Jalal Kazempour , Pierre Pinson , Maryam Kamgarpour

In marketing products with negative externalities, a schedule which specifies an order of consumer purchase decisions is crucial, since in the social network of consumers, the decision of each consumer is negatively affected by the choices…

Computer Science and Game Theory · Computer Science 2013-03-26 Zhigang Cao , Xujin Chen , Changjun Wang

Personalized pricing is a business strategy to charge different prices to individual consumers based on their characteristics and behaviors. It has become common practice in many industries nowadays due to the availability of a growing…

Computers and Society · Computer Science 2022-02-22 Renzhe Xu , Xingxuan Zhang , Peng Cui , Bo Li , Zheyan Shen , Jiazheng Xu

Data buyers compete in a game of incomplete information about which a single data seller owns some payoff-relevant information. The seller faces a joint information- and mechanism-design problem: deciding which information to sell, while…

Computer Science and Game Theory · Computer Science 2024-11-18 Alessandro Bonatti , Munther Dahleh , Thibaut Horel , Amir Nouripour

This paper aims to investigate and achieve seller-side fairness within online marketplaces, where many sellers and their items are not sufficiently exposed to customers in an e-commerce platform. This phenomenon raises concerns regarding…

Consider a trade market with one seller and multiple buyers. The seller aims to sell an indivisible item and maximize their revenue. This paper focuses on a simple and popular mechanism--the fixed-price mechanism. Unlike the standard…

Computer Science and Game Theory · Computer Science 2024-11-19 Zhikang Fan , Weiran Shen

Supply-demand systems in Smart City sectors such as energy, transportation, telecommunication, are subject of unprecedented technological transformations by the Internet of Things. Usually, supply-demand systems involve actors that produce…

Systems and Control · Computer Science 2017-10-09 Evangelos Pournaras , Mark Yao , Dirk Helbing

The design of data markets has gained importance as firms increasingly use machine learning models fueled by externally acquired training data. A key consideration is the externalities firms face when data, though inherently freely…

Computer Science and Game Theory · Computer Science 2024-10-22 Anish Agarwal , Munther Dahleh , Thibaut Horel , Maryann Rui

Motivated by the growing prominence of third-party data providers in online marketplaces, this paper studies the impact of the presence of third-party data providers on mechanism design. When no data provider is present, it has been shown…

Computer Science and Game Theory · Computer Science 2020-02-18 Yang Cai , Federico Echenique , Hu Fu , Katrina Ligett , Adam Wierman , Juba Ziani

We propose a novel family of sales-based rebate mechanisms that induce network effects in sales of products that do not exhibit such externalities. The proposed rebate mechanisms enable the seller of a product with uncertain quality to…

Optimization and Control · Mathematics 2021-10-01 Amir Ajorlou , Ali Jadbabaie

Insecure connected devices can cause serious threats not just to smart home owners, but also the underlying infrastructural network as well. There has been increasing academic and regulatory interest in addressing cybersecurity risks from…

Cryptography and Security · Computer Science 2021-05-26 Jiahong Chen , Lachlan Urquhart

The massive growth of the Internet of Things (IoT) as a network of interconnected entities [18], brings up new challenges in terms of privacy and security requirements to the traditional software engineering domain [4]. To protect the…

Cryptography and Security · Computer Science 2019-10-10 Parvaneh Shayegh , Vijayanta Jain , Amin Rabinia , Sepideh Ghanavati

The Internet of Things (IoT) is already transforming industries, cities, and homes. The economic value of this transformation across all industries is estimated to be trillions of dollars and the societal impact on energy efficiency,…

Computers and Society · Computer Science 2020-08-04 Kevin Fu , Tadayoshi Kohno , Daniel Lopresti , Elizabeth Mynatt , Klara Nahrstedt , Shwetak Patel , Debra Richardson , Ben Zorn

The Internet of Things (IoT) market is rapidly growing and is expected to double from 2020 to 2025. The increasing use of IoT devices, particularly in smart homes, raises crucial concerns about user privacy and security as these devices…

Cryptography and Security · Computer Science 2023-08-24 Philipp Pütz , Richard Mitev , Markus Miettinen , Ahmad-Reza Sadeghi

We study the mechanism design problem of selling $k$ items to unit-demand buyers with private valuations for the items. A buyer either participates directly in the auction or is represented by an intermediary, who represents a subset of…

Computer Science and Game Theory · Computer Science 2021-11-23 Gagan Aggarwal , Kshipra Bhawalkar , Guru Guruganesh , Andres Perlroth
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