Related papers: A Smart-Contract to Resolve Multiple Equilibrium i…
This paper examines the role of algorithmic trading in modern financial markets. Additionally, order types, characteristics, and special features of algorithmic trading are described under the lens provided by the large development of high…
We introduce a new class of combinatorial markets in which agents have covering constraints over resources required and are interested in delay minimization. Our market model is applicable to several settings including scheduling, cloud…
While historically, economists have been primarily occupied with analyzing the behaviour of the markets, electronic trading gave rise to a new class of unprecedented problems associated with market fairness, transparency and manipulation.…
Ethereum, a leading blockchain platform, has revolutionized the digital economy by enabling decentralized transactions and the execution of smart contracts. Ethereum transactions form the backbone of its network, facilitating peer-to-peer…
We develop the optimal trading strategy for a foreign exchange (FX) broker who must liquidate a large position in an illiquid currency pair. To maximize revenues, the broker considers trading in a currency triplet which consists of the…
We propose a new way to share licensed spectrum bandwidth capacity in mobile networks between operators, service providers and consumers using blockchain-based smart contracts. We discuss the foundational building blocks in the contract as…
We consider a sequential decision model over multi-tier supply chain networks and show that in particular, for series parallel networks, there is a unique equilibrium. We provide a linear time algorithm to compute the equilibrium and study…
The fundamental diversity-multiplexing tradeoff of the three-node, multi-input, multi-output (MIMO), quasi-static, Rayleigh faded, half-duplex relay channel is characterized for an arbitrary number of antennas at each node and in which…
A smart contract is an interactive program that governs funds in the realm of a single cryptocurrency. Yet, the many existing cryptocurrencies have spurred the design of cross-chain applications that require interactions with multiple…
We study strategic interactions in a broker-mediated market in which agents learn and exploit each other's private information. A broker provides liquidity to an informed trader and to noise traders while managing inventory in a lit market.…
Making Smart Cities more sustainable, resilient and democratic is emerging as an endeavor of satisfying hard constraints, for instance meeting net-zero targets. Decentralized multi-agent methods for socio-technical optimization of…
This paper studies contracting in the presence of externalities with a non-contractible outsider. Multiple equilibria arise from strategic symmetry between the insider agent and the outsider. To address strategic uncertainty, the principal…
Most modern electronic devices can produce a random number. However, it is difficult to see how a group of mutually distrusting entities can have confidence in any such hardware-produced stream of random numbers, since the producer could…
Consider a market where a seller owns an item for sale and a buyer wants to purchase it. Each player has private information, known as their type. It can be costly and difficult for the players to reach an agreement through direct…
It has been shown that it is impossible to achieve both stringent end-to-end deadline and reliability guarantees in a large network without having complete information of all future packet arrivals. In order to maintain desirable…
Data regulations increasingly enable consumers to switch among market segments, making segmentation an endogenous outcome of strategic interaction. We study a model in which consumers choose segments before a monopolist sets…
Machine learning (ML) has penetrated various fields in the era of big data. The advantage of collaborative machine learning (CML) over most conventional ML lies in the joint effort of decentralized nodes or agents that results in better…
Smart contracts are programs that execute transactions involving independent parties and cryptocurrencies. As programs, smart contracts are susceptible to a wide range of errors and vulnerabilities. Such vulnerabilities can result in…
Blockchains facilitate secure resource transactions through smart contracts, yet these digital agreements are prone to vulnerabilities, particularly when interacting with external contracts, leading to substantial monetary losses.…
Stablecoins face an unresolved trilemma of balancing decentralization, stability, and regulatory compliance. We present a hybrid stabilization protocol that combines crypto-collateralized reserves, algorithmic futures contracts, and…