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In a financial market, for agents with long investment horizons or at times of severe market stress, it is often changes in the asset price that act as the trigger for transactions or shifts in investment position. This suggests the use of…

Trading and Market Microstructure · Quantitative Finance 2015-05-13 H. Lamba

The backpressure algorithm has been widely used as a distributed solution to the problem of joint rate control and routing in multi-hop data networks. By controlling a parameter $V$ in the algorithm, the backpressure algorithm can achieve…

Networking and Internet Architecture · Computer Science 2017-01-18 Hao Yu , Michael J. Neely

Load balancing plays a critical role in efficiently dispatching jobs in parallel-server systems such as cloud networks and data centers. A fundamental challenge in the design of load balancing algorithms is to achieve an optimal trade-off…

Performance · Computer Science 2020-12-16 Mark van der Boor , Sem Borst , Johan van Leeuwaarden

We consider the problem of \emph{optimal matching with queues} in dynamic systems and investigate the value-of-information. In such systems, the operators match tasks and resources stored in queues, with the objective of maximizing the…

Optimization and Control · Mathematics 2015-03-30 Longbo Huang

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

Many settings, such as matching riders to drivers in ride-hailing platforms or in-stream video advertising, require handling arrivals over time. In such applications, it is often beneficial to group the arriving orders or requests into…

Data Structures and Algorithms · Computer Science 2025-08-04 Akhil Bhimaraju , S. Rasoul Etesami , Lav R. Varshney

We consider an automatic overload control for two large service systems modeled as multi-server queues, such as call centers. We assume that the two systems are designed to operate independently, but want to help each other respond to…

Probability · Mathematics 2014-07-30 Ohad Perry , Ward Whitt

In this paper, we study the stability of light traffic achieved by a scheduling algorithm which is suitable for heterogeneous traffic networks. Since analyzing a scheduling algorithm is intractable using the conventional mathematical tool,…

Networking and Internet Architecture · Computer Science 2016-04-07 Rukhsana Ruby , Victor C. M. Leung

Inspired by quantum switches, we consider a discrete-time multi-way matching system with two classes of arrivals: requests for entangled pair of qubits between two nodes, and qubits from each node that can be used to serve the requests. An…

Performance · Computer Science 2023-10-05 Martin Zubeldia , Prakirt R. Jhunjhunwala , Siva Theja Maguluri

The two somewhat conflicting requirements of efficiency and fairness make ATFM an unsatisfactorily solved problem, despite its overwhelming importance. In this paper, we present an economics motivated solution that is based on the notion of…

Computational Complexity · Computer Science 2011-09-27 Vijay V. Vazirani

This paper considers competitive mobility-on-demand systems where a group of vehicle sharing companies, on one hand, want to collectively regulate the traffic of the user queueing network, and on the other hand, maximize their own profits…

Optimization and Control · Mathematics 2013-03-15 Minghui Zhu , Emilio Frazzoli

Matching platforms, from ridesharing to food delivery to competitive gaming, face a fundamental operational dilemma: match agents immediately to minimize waiting costs, or delay to exploit the efficiency gains of thicker markets. Yet…

Optimization and Control · Mathematics 2026-01-30 Jie Liu , Hailun Zhang , Jiheng Zhang

We consider a spatially distributed demand for electrical vehicle recharging, that must be covered by a fixed set of charging stations. Arriving EVs receive feedback on transport times to each station, and waiting times at congested ones,…

Optimization and Control · Mathematics 2024-04-02 Fernando Paganini , Andres Ferragut

In the current intensively changing technological environment, wireless network operators try to manage the increase of global traffic, optimizing the use of the available resources. This involves associating each user to one of its…

Networking and Internet Architecture · Computer Science 2013-04-23 Vladimir Fux , Patrick Maillé , Jean-Marie Bonnin , Nassim Kaci

We consider the optimal duration allocation in a decision making queue. Decision making tasks arrive at a given rate to a human operator. The correctness of the decision made by human evolves as a sigmoidal function of the duration…

Optimization and Control · Mathematics 2010-10-11 Vaibhav Srivastava , Ruggero Carli , Francesco Bullo , Cédric Langbort

Ride-sourcing platforms such as Uber and Lyft offer drivers (i.e., platform suppliers) considerable freedom of choice in multiple aspects. At the operational level, drivers can freely accept or decline trip requests that can significantly…

Multiagent Systems · Computer Science 2023-10-10 Farnoud Ghasemi , Peyman Ashkrof , Rafal Kucharski

We consider a dynamic server allocation problem over parallel queues with randomly varying connectivity and server switchover delay between the queues. At each time slot the server decides either to stay with the current queue or switch to…

Optimization and Control · Mathematics 2012-03-06 Güner D. Celik , Long B. Le , Eytan Modiano

This paper studies a scheduling control problem for a single-server multiclass queueing network in heavy traffic, operating in a changing environment. The changing environment is modeled as a finite state Markov process that modulates the…

Probability · Mathematics 2012-11-30 Amarjit Budhiraja , Arka Ghosh , Xin Liu

We study a passenger-taxi double-ended queue with impatient passengers and two-point matching time in this paper. The system considered in this paper is different from those considered in the existing literature, which fully considers the…

Probability · Mathematics 2021-01-29 Zhen Wang , Cheryl Yang , Liwei Liu , Yiqiang Q. Zhao

Inventory and queueing systems are often designed by controlling weighted combination of some time-averaged performance metrics (like cumulative holding, shortage, server-utilization or congestion costs); but real-world constraints, like…

Optimization and Control · Mathematics 2025-07-01 Madhu Dhiman , Veeraruna Kavitha , Nandyala Hemachandra