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This paper presents a novel non-stationary dynamic pricing algorithm design, where pricing agents face incomplete demand information and market environment shifts. The agents run price experiments to learn about each product's demand curve…

Machine Learning · Statistics 2022-09-09 Po-Yi Liu , Chi-Hua Wang , Henghsiu Tsai

This paper studies the optimal spatial pricing for a ride-sourcing platform subject to a congestion charge. The platform determines the ride prices over the transportation network to maximize its profit, while the regulatory agency imposes…

Optimization and Control · Mathematics 2021-07-20 Sen Li , Hai Yang , Kameshwar Poolla , Pravin Varaiya

Mobility systems often suffer from a high price of anarchy due to the uncontrolled behavior of selfish users. This may result in societal costs that are significantly higher compared to what could be achieved by a centralized system-optimal…

Systems and Control · Electrical Eng. & Systems 2023-05-26 David van de Sanden , Maarten Schoukens , Mauro Salazar

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 studies optimal pricing and rebalancing policies for Autonomous Mobility-on-Demand (AMoD) systems. We take a macroscopic planning perspective to tackle a profit maximization problem while ensuring that the system is…

Optimization and Control · Mathematics 2020-03-31 Salomón Wollenstein-Betech , Ioannis Ch. Paschalidis , Christos G. Cassandras

We consider an increasingly popular demand-response scenario where a user schedules the flexible electric vehicle (EV) charging load in response to real-time electricity prices. The objective is to minimize the total charging cost with user…

Systems and Control · Electrical Eng. & Systems 2024-12-20 Hanling Yi , Qiulin Lin , Minghua Chen

We consider an assortment selection and pricing problem in which a seller has $N$ different items available for sale. In each round, the seller observes a $d$-dimensional contextual preference information vector for the user, and offers to…

Machine Learning · Computer Science 2025-03-18 Yigit Efe Erginbas , Thomas A. Courtade , Kannan Ramchandran

In online advertising markets, budget-constrained advertisers acquire ad placements through repeated bidding in auctions on various platforms. We present a strategy for bidding optimally in a set of auctions that may or may not be…

Computer Science and Game Theory · Computer Science 2023-06-14 Fransisca Susan , Negin Golrezaei , Okke Schrijvers

We present pricing mechanisms for several online resource allocation problems which obtain tight or nearly tight approximations to social welfare. In our settings, buyers arrive online and purchase bundles of items; buyers' values for the…

Computer Science and Game Theory · Computer Science 2018-07-16 Shuchi Chawla , J. Benjamin Miller , Yifeng Teng

In this paper, a real-time Internet of Things (IoT) monitoring system is considered in which the IoT devices are scheduled to sample underlying physical processes and send the status updates to a common destination. In a real-world IoT, due…

Information Theory · Computer Science 2020-01-27 Bo Zhou , Walid Saad

This paper considers a time-varying optimization problem associated with a network of systems, with each of the systems shared by (and affecting) a number of individuals. The objective is to minimize cost functions associated with the…

Optimization and Control · Mathematics 2022-03-15 Ana M. Ospina , Andrea Simonetto , Emiliano Dall'Anese

Consider the following problem faced by an online voting platform: A user is provided with a list of alternatives, and is asked to rank them in order of preference using only drag-and-drop operations. The platform's goal is to recommend an…

Human-Computer Interaction · Computer Science 2019-05-30 Haoming Li , Sujoy Sikdar , Rohit Vaish , Junming Wang , Lirong Xia , Chaonan Ye

This work addresses the problem of offline safe imitation learning (IL), where the goal is to learn safe and reward-maximizing policies from demonstrations that do not have per-timestep safety cost or reward information. In many real-world…

Machine Learning · Computer Science 2026-02-12 Returaj Burnwal , Nirav Pravinbhai Bhatt , Balaraman Ravindran

In this work, we consider the problem of jointly minimizing the average cost of sampling and transmitting status updates by users over a wireless channel subject to average Age of Information (AoI) constraints. Errors in the transmission…

Networking and Internet Architecture · Computer Science 2022-11-28 Emmanouil Fountoulakis , Marian Codreanu , Anthony Ephremides , Nikolaos Pappas

With the emergence of new online channels and information technology, digital advertising tends to substitute more and more to traditional advertising by offering the opportunity to companies to target the consumers/users that are really…

Optimization and Control · Mathematics 2021-11-17 Médéric Motte , Huyên Pham

A high-quality fresh high-definition (HD) map is vital in enhancing transportation efficiency and safety in autonomous driving. Vehicle-based crowdsourcing offers a promising approach for updating HD maps. However, recruiting crowdsourcing…

Computer Science and Game Theory · Computer Science 2024-05-02 Wentao Ye , Bo Liu , Yuan Luo , Jianwei Huang

Routing strategies under the aegis of dynamic traffic assignment have been proposed in the literature to optimize system performance. However, challenges have persisted in their deployment ability and effectiveness due to inherent strong…

Physics and Society · Physics 2021-02-02 Chaojie Wang , Srinivas Peeta , Jian Wang

In this paper, we analyze a round-based pricing scheme that encourages favorable behavior from users of real-time P2P applications like P2PTV. In the design of pricing schemes, we consider price to be a function of usage and capacity of…

Networking and Internet Architecture · Computer Science 2009-11-10 Gitanjali Bhutani

We study a data pricing problem, where a seller has access to $N$ homogeneous data points (e.g. drawn i.i.d. from some distribution). There are $m$ types of buyers in the market, where buyers of the same type $i$ have the same valuation…

Machine Learning · Computer Science 2024-11-05 Keran Chen , Joon Suk Huh , Kirthevasan Kandasamy

We study a demand response problem from utility (also referred to as operator)'s perspective with realistic settings, in which the utility faces uncertainty and limited communication. Specifically, the utility does not know the cost…

Optimization and Control · Mathematics 2017-08-11 Pan Li , Hao Wang , Baosen Zhang