English
Related papers

Related papers: Equilibrium, social welfare, and revenue in an inf…

200 papers

We consider the problem of locating a facility to serve a set of agents located along a line. The Nash welfare objective function, defined as the product of the agents' utilities, is known to provide a compromise between fairness and…

Computer Science and Game Theory · Computer Science 2023-10-09 Alexander Lam , Haris Aziz , Toby Walsh

We study the envy free pricing problem faced by a seller who wishes to maximize revenue by setting prices for bundles of items. If there is an unlimited supply of items and agents are single minded then we show that finding the revenue…

Computer Science and Game Theory · Computer Science 2016-09-08 Amos Fiat , Amiram Wingarten

We consider a queueing facility where customers decide when to arrive. All customers have the same desired arrival time (w.l.o.g.\ time zero). There is one server, and the service times are independent and exponentially distributed. The…

Optimization and Control · Mathematics 2017-09-12 Eliran Sherzer , Yoav Kerner

Several scientific studies have reported the existence of the income gap among rideshare drivers based on demographic factors such as gender, age, race, etc. In this paper, we study the income inequality among rideshare drivers due to…

Artificial Intelligence · Computer Science 2020-12-17 Yifan Xu , Pan Xu

This paper studies the connection between a class of mean-field games and a social welfare optimization problem. We consider a mean-field game in function spaces with a large population of agents, and each agent seeks to minimize an…

Optimization and Control · Mathematics 2018-02-15 Sen Li , Wei Zhang , Lin Zhao

We consider the problem of allocating multiple indivisible items to a set of networked agents to maximize the social welfare subject to network externalities. Here, the social welfare is given by the sum of agents' utilities and…

Computer Science and Game Theory · Computer Science 2023-08-29 S. Rasoul Etesami

A heterogeneous closed network with one-server queues with finite capacity and one infinite-server queue is studied. A target application is bike-sharing systems. Heterogeneity is taken into account through clusters whose queues have the…

Adaptation and Self-Organizing Systems · Physics 2014-05-26 Christine Fricker , Nicolas Servel

Ride-hailing platforms (e.g., Uber, Lyft) have transformed urban mobility by enabling ride-sharing, which holds considerable promise for reducing both travel costs and total vehicle miles traveled (VMT). However, the fragmentation of these…

General Economics · Economics 2025-08-27 Xin Dong , Jose Ventura , Vikash V. Gayah

Many policy problems involve designing individualized treatment allocation rules to maximize the equilibrium social welfare of interacting agents. Focusing on large-scale simultaneous decision games with strategic complementarities, we…

Econometrics · Economics 2024-11-12 Guanyi Wang

Congestion pricing has long been hailed as a means to mitigate traffic congestion; however, its practical adoption has been limited due to the resulting social inequity issue, e.g., low-income users are priced out off certain roads. This…

Computer Science and Game Theory · Computer Science 2023-04-03 Devansh Jalota , Kiril Solovey , Karthik Gopalakrishnan , Stephen Zoepf , Hamsa Balakrishnan , Marco Pavone

We study the infinite horizon optimal control problem for N-network queueing systems, which consist of two customer classes and two server pools, under average (ergodic) criteria in the Halfin-Whitt regime. We consider three control…

Optimization and Control · Mathematics 2019-03-20 Ari Arapostathis , Guodong Pang

We consider a discrete population of users with homogeneous service demand who need to decide when to arrive to a system in which the service rate deteriorates linearly with the number of users in the system. The users have heterogeneous…

Computer Science and Game Theory · Computer Science 2016-05-30 Liron Ravner , Moshe Haviv , Hai L. Vu

This paper studies optimal switching on and o? of the entire service capacity of an M/M/Infinity queue with holding, running and switching costs where the running costs depend only on whether the system is running or not. The goal is to…

Optimization and Control · Mathematics 2015-10-21 Eugene Feinberg , Xiaoxuan Zhang

We study how the quality dimension affects the social optimum in a model of spatial differentiation where two facilities provide a public service. If quality enters linearly in the individuals' utility function, a symmetric configuration,…

General Economics · Economics 2021-11-18 Monica Anna Giovanniello , Simone Tonin

Consider a distribution of citizens in an urban area in which some services (supermarkets, post offices...) are present. Each citizen, in order to use a service, spends an amount of time which is due both to the travel time to the service…

Optimization and Control · Mathematics 2008-11-13 Gianluca Crippa , Chloé Jimenez , Aldo Pratelli

We consider dominant strategy implementation in private values settings, when agents have multi-dimensional types, the set of alternatives is finite, monetary transfers are allowed, and agents have quasi-linear utilities. We show that any…

Computer Science and Game Theory · Computer Science 2010-03-09 Debasis Mishra , Arunava Sen

This paper considers a scenario in which an access point (AP) is equipped with a mobile edge server of finite computing power, and serves multiple resource-hungry mobile users by charging users a price. Pricing provides users with…

Information Theory · Computer Science 2018-12-17 Lingxiang Li , Tony Q. S. Quek , Ju Ren , Howard H. Yang , Zhi Chen , Yaoxue Zhang

We consider a discrete-time system comprising a first-come-first-served queue, a non-preemptive server, and a scheduler that governs the assignment of tasks in the queue to the server. The server has an availability state that indicates, at…

Applications · Statistics 2021-01-15 Michael Lin , Richard J. La , Nuno C. Martins

We consider the model of a token-based joint auto-scaling and load balancing strategy, proposed in a recent paper by Mukherjee, Dhara, Borst, and van Leeuwaarden (SIGMETRICS '17, arXiv:1703.08373), which offers an efficient scalable…

Probability · Mathematics 2020-02-27 Debankur Mukherjee , Alexander Stolyar

I consider the optimal hourly (or per-unit-time in general) pricing problem faced by a freelance worker (or a service provider) on an on-demand service platform. Service requests arriving while the worker is busy are lost forever. Thus, the…

Computer Science and Game Theory · Computer Science 2019-07-09 Vijay Kamble
‹ Prev 1 4 5 6 7 8 10 Next ›