Related papers: Selling a Single Item with Negative Externalities
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…