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Motivated by Internet advertising applications, online allocation problems have been studied extensively in various adversarial and stochastic models. While the adversarial arrival models are too pessimistic, many of the stochastic (such as…

Data Structures and Algorithms · Computer Science 2017-11-17 Hossein Esfandiari , Nitish Korula , Vahab Mirrokni

This paper proposes a distributed framework for demand response and user adaptation in smart grid networks. In particular, we borrow the concept of congestion pricing in Internet traffic control and show that pricing information is very…

Networking and Internet Architecture · Computer Science 2010-08-02 Zhong Fan

We consider a novel formulation of the dynamic pricing and demand learning problem, where the evolution of demand in response to posted prices is governed by a stochastic variant of the popular Bass model with parameters $\alpha, \beta$…

Machine Learning · Computer Science 2021-03-10 Shipra Agrawal , Steven Yin , Assaf Zeevi

We consider the problem of online allocation (matching and assortments) of reusable resources where customers arrive sequentially in an adversarial fashion and allocated resources are used or rented for a stochastic duration that is drawn…

Data Structures and Algorithms · Computer Science 2022-07-20 Vineet Goyal , Garud Iyengar , Rajan Udwani

In this work, we study the problem of online mechanism design for resources allocation and pricing in cloud computing (RAPCC). We show that in general the allocation problems in RAPCC are NP-hard, and therefore we focus on designing…

Computer Science and Game Theory · Computer Science 2014-03-11 Weidong Ma , Bo Zheng , Tao Qin , Pingzhong Tang , Tie-Yan Liu

The competitive nature of Cloud marketplaces as new concerns in delivery of services makes the pricing policies a crucial task for firms. so that, pricing strategies has recently attracted many researchers. Since game theory can handle such…

Computer Science and Game Theory · Computer Science 2023-09-21 Safiye Ghasemi , Mohammad Reza Meybodi , Mehdi Dehghan Takht-Fooladi , Amir Masoud Rahmani

Many databases on the web are "hidden" behind (i.e., accessible only through) their restrictive, form-like, search interfaces. Recent studies have shown that it is possible to estimate aggregate query answers over such hidden web databases…

Databases · Computer Science 2014-05-02 Weimo Liu , Saravanan Thirumuruganathan , Nan Zhang , Gautam Das

In this paper, the problem of optimal dynamic pricing for retail electricity with an unknown demand model is considered. Under the day-ahead dynamic pricing (a.k.a. real time pricing) mechanism, a retailer obtains electricity in a…

Optimization and Control · Mathematics 2014-04-07 Liyan Jia , Lang Tong , Qing Zhao

In this paper, we propose a stochastic model to describe how search service providers charge client companies based on users' queries for the keywords related to these companies' ads by using certain advertisement assignment strategies. We…

Data Structures and Algorithms · Computer Science 2012-09-10 Bo Tan , R. Srikant

Many web systems rank and present a list of items to users, from recommender systems to search and advertising. An important problem in practice is to evaluate new ranking policies offline and optimize them before they are deployed. We…

Machine Learning · Computer Science 2018-06-15 Shuai Li , Yasin Abbasi-Yadkori , Branislav Kveton , S. Muthukrishnan , Vishwa Vinay , Zheng Wen

We design a protocol for dynamic prioritization of data on shared routers such as untethered 3G/4G devices. The mechanism prioritizes bandwidth in favor of users with the highest value, and is incentive compatible, so that users can simply…

Computer Science and Game Theory · Computer Science 2014-08-08 Victor Shnayder , David C. Parkes , Vikas Kawadia , Jeremy Hoon

This article presents a mathematical model of dynamic pricing for real estate (RE) that incorporates multiple pricing groups, thereby expanding the capabilities of existing models. The developed model solves the problem of maximizing…

Mathematical Finance · Quantitative Finance 2024-11-13 Lev Razumovskiy , Mariya Gerasimova , Nikolay Karenin , Mikhail Safro

Over the past decade, crowdsourcing has emerged as a cheap and efficient method of obtaining solutions to simple tasks that are difficult for computers to solve but possible for humans. The popularity and promise of crowdsourcing markets…

Social and Information Networks · Computer Science 2013-11-27 Aleksandrs Slivkins , Jennifer Wortman Vaughan

Traffic congestion is a serious problem in urban areas. Dynamic congestion pricing is one of the useful schemes to eliminate traffic congestion in strategic scale. However, in the reality, an optimal dynamic congestion pricing is very…

Systems and Control · Electrical Eng. & Systems 2022-06-27 Kimihiro Sato , Toru Seo , Takashi Fuse

We give new upper and lower bounds for the {\em dynamic} set cover problem. First, we give a $(1+\epsilon) f$-approximation for fully dynamic set cover in $O(f^2\log n /\epsilon^5)$ (amortized) update time, for any $\epsilon > 0$, where $f$…

Data Structures and Algorithms · Computer Science 2019-05-16 Amir Abboud , Raghavendra Addanki , Fabrizio Grandoni , Debmalya Panigrahi , Barna Saha

We introduce a dynamic mechanism design problem in which the designer wants to offer for sale an item to an agent, and another item to the same agent at some point in the future. The agent's joint distribution of valuations for the two…

Computer Science and Game Theory · Computer Science 2023-05-22 Christos Papadimitriou , George Pierrakos , Christos-Alexandros Psomas , Aviad Rubinstein

The rapid proliferation of distributed energy resources (DERs) and the electrification of residential loads offer significant potential for grid flexibility but pose stability challenges under static pricing regimes. Specifically, high…

Optimization and Control · Mathematics 2026-05-11 Xinyang Zhou , Jing Shang , Andrey Bernstein , Stefan Wager , Moody Saleh , Lara Pierpoint

We introduce a natural online allocation problem that connects several of the most fundamental problems in online optimization. Let $M$ be an $n$-point metric space. Consider a resource that can be allocated in arbitrary fractions to the…

Data Structures and Algorithms · Computer Science 2021-12-01 Nikhil Bansal , Christian Coester

The ski rental problem is a canonical model for online decision-making under uncertainty, capturing the fundamental trade-off between repeated rental costs and a one-time purchase. While classical algorithms focus on worst-case competitive…

Machine Learning · Computer Science 2026-04-01 Jihwan Kim , Chenglin Fan

This paper addresses the abstract dynamic programming (DP) in the online scenario, where the abstract DP mapping is time-varying, instead of static. In this case, optimal costs and policies at different time instants are not the same in…

Optimization and Control · Mathematics 2021-07-06 Xiuxian Li , Lihua Xie