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This paper addresses a critical challenge in the high-speed passenger railway industry: designing effective dynamic pricing strategies in the context of competing and cooperating operators. To address this, a multi-agent reinforcement…

Suppose you are a fund manager with \$100 million to deploy and two years to invest it. A deal comes across your desk that looks appealing but costs \$50 million -- half of your available capital. Should you take it, or wait for something…

Portfolio Management · Quantitative Finance 2025-08-15 Kunal Menda , Raphael S Benarrosh

The goal of a traditional Markov decision process (MDP) is to maximize expected cumulative reward over a defined horizon (possibly infinite). In many applications, however, a decision maker may be interested in optimizing a specific…

Artificial Intelligence · Computer Science 2025-10-16 Xiaocheng Li , Huaiyang Zhong , Margaret L. Brandeau

A crucial challenge to efficient and robust motion planning for autonomous vehicles is understanding the intentions of the surrounding agents. Ignoring the intentions of the other agents in dynamic environments can lead to risky or…

Robotics · Computer Science 2019-04-05 Xin Huang , Sungkweon Hong , Andreas Hofmann , Brian C. Williams

Differential Dynamic Programming (DDP) is an efficient trajectory optimization algorithm relying on second-order approximations of a system's dynamics and cost function, and has recently been applied to optimize systems with time-invariant…

Optimization and Control · Mathematics 2022-04-11 Alex Oshin , Matthew D. Houghton , Michael J. Acheson , Irene M. Gregory , Evangelos A. Theodorou

Traffic management by applying congestion pricing is a measure for mitigating congestion in protected city corridors. As a promising tool, pricing improves the level of service in a network and reduces travel delays. However, real-world…

Robotics · Computer Science 2021-12-14 Alexander Genser , Anastasios Kouvelas

This paper addresses the online motion planning problem of mobile robots under complex high-level tasks. The robot motion is modeled as an uncertain Markov Decision Process (MDP) due to limited initial knowledge, while the task is specified…

Robotics · Computer Science 2023-02-13 Yuyang Zhang , Meng Guo

Stochastic and soft optimal policies resulting from entropy-regularized Markov decision processes (ER-MDP) are desirable for exploration and imitation learning applications. Motivated by the fact that such policies are sensitive with…

Machine Learning · Computer Science 2022-01-03 Tien Mai , Patrick Jaillet

With the high flexibility of supporting resource-intensive and time-sensitive applications, unmanned aerial vehicle (UAV)-assisted mobile edge computing (MEC) is proposed as an innovational paradigm to support the mobile users (MUs). As a…

Signal Processing · Electrical Eng. & Systems 2023-02-20 Wenshuai Liu , Bin Li , Wancheng Xie , Yueyue Dai , Zesong Fei

Autonomous mobility on demand systems, though still in their infancy, have very promising prospects in providing urban population with sustainable and safe personal mobility in the near future. While much research has been conducted on both…

Artificial Intelligence · Computer Science 2017-11-23 Wen Shen , Cristina Lopes

Autonomous vehicles are rapidly evolving and will soon enable the application of large-scale mobility-on-demand (MoD) systems. Managing the fleets of available vehicles, commonly known as "rebalancing," is crucial to ensure that vehicles…

Systems and Control · Electrical Eng. & Systems 2024-02-06 Ali Aalipour , Alireza Khani

We consider a multi-robot system with a team of collaborative robots and multiple tasks that emerges over time. We propose a fully decentralized task and path planning (DTPP) framework consisting of a task allocation module and a localized…

Robotics · Computer Science 2020-11-20 Yuxiao Chen , Ugo Rosolia , Aaron D. Ames

In this study, we apply reinforcement learning techniques and propose what we call reinforcement mechanism design to tackle the dynamic pricing problem in sponsored search auctions. In contrast to previous game-theoretical approaches that…

Computer Science and Game Theory · Computer Science 2017-11-29 Weiran Shen , Binghui Peng , Hanpeng Liu , Michael Zhang , Ruohan Qian , Yan Hong , Zhi Guo , Zongyao Ding , Pengjun Lu , Pingzhong Tang

While conventional shared demand-responsive transportation (SDRT) systems mostly operate on a door-to-door policy, the usage of meeting points for the pick-up and drop-off of user groups can offer several advantages, like fewer stops and…

Autonomous Mobility-on-Demand (AMoD) systems promise to revolutionize urban transportation by providing affordable on-demand services to meet growing travel demand. However, realistic AMoD markets will be competitive, with multiple…

Machine Learning · Computer Science 2026-03-06 Emil Kragh Toft , Carolin Schmidt , Daniele Gammelli , Filipe Rodrigues

We introduce a QPLEX Decision Process (QDP) as a model for dynamic control of queueing systems with non-stationary arrivals, general service distributions, and service-level chance constraints. QDPs integrate QPLEX, a computational modeling…

Optimization and Control · Mathematics 2026-05-19 Antonius B. Dieker , Steven T. Hackman , Zitong Wang , Yunhao Yan

Same-day delivery for e-commerce has become a popular service. Companies usually offer several time delivery options with the earliest one being next hour delivery. Due to tight delivery deadlines and thin margins, companies often find it…

Optimization and Control · Mathematics 2019-12-09 Anatolii Prokhorchuk , Justin Dauwels , Patrick Jaillet

This paper presents a stochastic, model predictive control (MPC) algorithm that leverages short-term probabilistic forecasts for dispatching and rebalancing Autonomous Mobility-on-Demand systems (AMoD, i.e. fleets of self-driving vehicles).…

Systems and Control · Computer Science 2018-05-07 Matthew Tsao , Ramon Iglesias , Marco Pavone

Motivated by real-world applications such as rental and cloud computing services, we investigate pricing for reusable resources. We consider a system where a single resource with a fixed number of identical copies serves customers with…

Optimization and Control · Mathematics 2025-06-24 Santiago R. Balseiro , Will Ma , Wenxin Zhang

Online planning in Markov Decision Processes (MDPs) enables agents to make sequential decisions by simulating future trajectories from the current state, making it well-suited for large-scale or dynamic environments. Sample-based methods…

Artificial Intelligence · Computer Science 2025-09-22 Tamir Shazman , Idan Lev-Yehudi , Ron Benchetit , Vadim Indelman