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Motivated by applications of the Erlang-B blocking model and the extended $M/M/k/k+N$ model that allows for some queueing, beyond communication networks to sizing and pricing in production, messaging, and app-based parking systems, we study…

Systems and Control · Electrical Eng. & Systems 2025-11-25 Saghar Adler , Mehrdad Moharrami , Vijay Subramanian

Vehicle service providers can display commercial ads in their vehicles based on passengers' origins and destinations to create a new revenue stream. In this work, we study a vehicle service provider who can generate different ad revenues…

Computer Science and Game Theory · Computer Science 2019-02-08 Haoran Yu , Ermin Wei , Randall A. Berry

We develop a model for pricing, lead-time quotation and delay compensation in a Markovian make-to-order production or service system with strategic customers who exhibit risk aversion. Based on a concave utility function of their net…

Optimization and Control · Mathematics 2019-11-07 Myron Benioudakis , Apostolos Burnetas , George Ioannou

Polling systems with losses are useful mathematical objects that can model many practical systems like travelling salesman problem with recurrent requests. One of the less studied yet an important aspect in such systems is the disparity in…

Optimization and Control · Mathematics 2022-08-12 Vartika Singh , Veeraruna Kavitha

The valuation process that economic agents undergo for investments with uncertain payoff typically depends on their statistical views on possible future outcomes, their attitudes toward risk, and, of course, the payoff structure itself.…

Pricing of Securities · Quantitative Finance 2010-01-11 Constantinos Kardaras

This article presents a framework and develops a formulation to solve a path planning problem for multiple heterogeneous Unmanned Vehicles (UVs) with uncertain service times for each vehicle--target pair. The vehicles incur a penalty…

Robotics · Computer Science 2018-07-30 Kaarthik Sundar , Saravanan Venkatachalam , Satyanarayana G. Manyam

In this paper we study the single-item revenue management problem, with no information given about the demand trajectory over time. When the item is sold through accepting/rejecting different fare classes, Ball and Queyranne (2009) have…

Data Structures and Algorithms · Computer Science 2020-01-20 Will Ma , David Simchi-Levi , Chung-Piaw Teo

The classic *priced query model*, introduced by Charikar et al. (STOC 2000), captures the task of computing a known function on an unknown input when each input variable can only be revealed by paying an associated cost. The goal is to…

Data Structures and Algorithms · Computer Science 2025-11-11 Shivam Nadimpalli , Mingda Qiao , Ronitt Rubinfeld

In this paper, we study platforms where resources and jobs are spatially distributed, and resources have the flexibility to strategically move to different locations for better payoffs. The price of the service at each location depends on…

Computer Science and Game Theory · Computer Science 2023-07-18 Ozan Candogan , Manxi Wu

Traffic congestion has large economic and social costs. The introduction of autonomous vehicles can potentially reduce this congestion by increasing road capacity via vehicle platooning and by creating an avenue for influencing people's…

Multiagent Systems · Computer Science 2021-06-10 Erdem Bıyık , Daniel A. Lazar , Ramtin Pedarsani , Dorsa Sadigh

We study offline dynamic pricing when historical data provide incomplete coverage of the price space such that some candidate prices, including the optimal one, may be entirely unobserved. This setting is common in practice and is…

Machine Learning · Statistics 2026-05-25 Zeyu Bian , Lan Wang , Zhengling Qi

Electric Vehicle (EV) sharing systems have recently experienced unprecedented growth across the globe. Many car sharing service providers as well as automobile manufacturers are entering this competition by expanding both their EV fleets…

Artificial Intelligence · Computer Science 2019-05-14 Man Luo , Hongkai Wen , Yi Luo , Bowen Du , Konstantin Klemmer , Hongming Zhu

Dynamic pricing is commonly used to regulate congestion in shared service systems. This paper is motivated by the fact that in the presence of users with varying price sensitivity (responsiveness), conventional monotonic pricing can lead to…

Systems and Control · Electrical Eng. & Systems 2026-03-24 Yingqing Chen , Anni Li , Christos G. Cassandras , Homayoun Hamedmoghadam , Fabian Wirth , Robert Shorten

After a decade of on-demand mobility services that change spatial behaviors in metropolitan areas, the Shared Autonomous Vehicle (SAV) service is expected to increase traffic congestion and unequal access to transport services. A paradigm…

Computers and Society · Computer Science 2023-03-08 Ronit Purian , Daniel Polani

As electric vehicle (EV) technologies become mature, EV has been rapidly adopted in modern transportation systems, and is expected to provide future autonomous mobility-on-demand (AMoD) service with economic and societal benefits. However,…

Optimization and Control · Mathematics 2022-10-21 Sihong He , Lynn Pepin , Guang Wang , Desheng Zhang , Fei Miao

Balancing safety, efficiency, and operational costs in highway driving poses a challenging decision-making problem for heavy-duty vehicles. A central difficulty is that conventional scalar reward formulations, obtained by aggregating these…

Machine Learning · Computer Science 2026-01-27 Deepthi Pathare , Leo Laine , Morteza Haghir Chehreghani

We formalize one aspect of reliability in the context of Mobility-on-Demand (MoD) systems by acknowledging the uncertainty in the pick-up time of these services. This study answers two key questions: i) how the difference between the stated…

General Economics · Economics 2019-04-18 Prateek Bansal , Yang Liu , Ricardo Daziano , Samitha Samaranayake

This paper presents a dynamic pricing and energy management framework for electric vehicle (EV) charging service providers. To set the charging prices, the service providers faces three uncertainties: the volatility of wholesale electricity…

Signal Processing · Electrical Eng. & Systems 2018-01-10 Chao Luo , Yih-Fang Huang , Vijay Gupta

Time variability is a pervasive feature of mobility services and a major source of welfare loss. Although literature has quantified the cost of time variability (COTV), it remains theoretically unclear how bad time variability can be in the…

General Economics · Economics 2026-03-11 Zhaoqi Zang , David Z. W. Wang , Xiangdong Xu , Shaojun Liu

One of the most relevant challenges regarding on-demand ridepooling relates to the spatial imbalances of the demand, which induce a mismatch between the position of the vehicles and the origins of the emerging requests. Most ridepooling…

Systems and Control · Electrical Eng. & Systems 2021-06-29 Andres Fielbaum , Maximilian Kronmuller , Javier Alonso-Mora