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We consider the theoretical properties of a model which encompasses bi-partite matching under transferable utility on the one hand, and hedonic pricing on the other. This framework is intimately connected to tripartite matching problems…

经济学 · 定量金融 2017-01-18 Brendan Pass

A set of many identical interacting agents obeying a global additive constraint is considered. Under the hypothesis of equiprobability in the high-dimensional volume delimited in phase space by the constraint, the statistical behavior of a…

混沌动力学 · 物理学 2007-09-03 Ricardo Lopez-Ruiz , Jaime Sanudo , Xavier Calbet

We generalize the model of Gallice and Monzon (2019) to incorporate a public goods game with groups, position uncertainty, and observational learning. Contributions are simultaneous within groups, but groups play sequentially based on their…

理论经济学 · 经济学 2026-03-13 Chowdhury Mohammad Sakib Anwar , Jorge Bruno , Renaud Foucart , Sonali SenGupta

This paper studies self-sustained dynamic multiagent systems (MAS) for decentralized resource allocation operating at a competitive equilibrium over a finite horizon. The utility of resource consumption, along with the income from resource…

系统与控制 · 电气工程与系统科学 2022-09-13 Zeinab Salehi , Yijun Chen , Ian R. Petersen , Elizabeth L. Ratnam , Guodong Shi

This paper examines the spatial agglomeration of workers and income in a continuous space-time framework. Local markets feature spatial spillovers and both exogenous and endogenous amenities. Workers relocate to maximise their instantaneous…

理论经济学 · 经济学 2025-02-21 Davide Fiaschi , Cristiano Ricci

In this paper, we show that if every consumer in an economy has a quasi-linear utility function, then the normalized equilibrium price is unique, and is locally stable with respect to the t\^atonnement process. Our study can be seen as that…

理论经济学 · 经济学 2024-04-22 Yuhki Hosoya

This paper studies a durable goods monopoly with multiple provision levels, free disposability, and zero marginal cost. We establish a Folk-Theorem-type result: as parties become sufficiently patient, equilibrium seller payoffs contains an…

理论经济学 · 经济学 2026-03-03 Zihao Li

This paper investigates the distribution of public school expenditures across U.S. school districts using a bayesian maximum entropy model. Covering the period 2000-2016, I explore how inter-jurisdictional competition and household choice…

应用统计 · 统计学 2024-04-30 Juan Melo

We study competitive equilibrium in the canonical Fisher market model, but with indivisible goods. In this model, every agent has a budget of artificial currency with which to purchase bundles of goods. Equilibrium prices match between…

计算机科学与博弈论 · 计算机科学 2019-11-25 Moshe Babaioff , Noam Nisan , Inbal Talgam-Cohen

In this paper, we consider a mobility system of travelers and providers, and propose a "mobility game" to study when a traveler is matched to a provider. Each traveler seeks to travel using the services of only one provider, who manages one…

系统与控制 · 电气工程与系统科学 2022-06-14 Ioannis Vasileios Chremos , Andreas Malikopoulos

In the era of connected and automated mobility, commuters will possess strong computation power, enabling them to strategically make sequential travel choices over a planning horizon. This paper investigates the multiday traffic patterns…

最优化与控制 · 数学 2024-08-15 Minghui Wu , Yafeng Yin , Jerome P. Lynch

We present a general analysis of multidimensional matching problems with transferable utility, paying particular attention to the case in which the dimensions of heterogeneity on the two sides of the market are unequal. A particular…

经济学 · 定量金融 2016-04-21 Pierre-André Chiappori , Robert McCann , Brendan Pass

In recent years, we have witnessed a remarkable surge of usage in shared vehicles in our cities. Shared mobility offers a future of no congestion in busy city roads with increasing populations of travelers, passengers, and drivers. Given…

系统与控制 · 电气工程与系统科学 2022-03-15 Ioannis Vasileios Chremos , Andreas Malikopoulos

Random utility theory models an agent's preferences on alternatives by drawing a real-valued score on each alternative (typically independently) from a parameterized distribution, and then ranking the alternatives according to scores. A…

多智能体系统 · 计算机科学 2012-11-13 Hossein Azari Soufiani , David C. Parkes , Lirong Xia

We analyze a continuous time multidimensional opinion model where agents have heterogeneous but symmetric and compactly supported interaction functions. We consider Filippov solutions of the resulting dynamics and show strong Lyapunov…

动力系统 · 数学 2017-11-22 Serap Tay Stamoulas , Muruhan Rathinam

This paper formulates a model of utility for a continuous time framework that captures the decision-maker's concern with ambiguity about both the drift and volatility of the driving process. At a technical level, the analysis requires a…

综合金融 · 定量金融 2013-01-22 Larry Epstein , Shaolin Ji

Much research has been conducted on how consumption is related to human relations, for example, consumer communities organized around specific brands, or the way people use products to define their own identity and transmit a desired image.…

社会与信息网络 · 计算机科学 2024-01-10 Lizardo Vargas-Bianchi

Travel demand forecasting is an essential part of transportation planning and management. The four-step travel model is the traditional and most-common procedure utilized for travel demand forecasting, and many models have been proposed in…

物理与社会 · 物理学 2021-05-18 Hao Wang , Xiao-Yong Yan

This paper considers the problem of shaping agent utility functions in a transactive energy system to ensure the optimal energy price at a competitive equilibrium is always socially acceptable, that is, below a prescribed threshold. Agents…

系统与控制 · 电气工程与系统科学 2021-09-28 Zeinab Salehi , Yijun Chen , Ian R. Petersen , Elizabeth L. Ratnam , Guodong Shi

The objective of this paper is to initiate a qualitative analysis of dynamic flow in traffic networks by using the competitive equilibrium model of multiple market systems. A network is modeled as a dynamic graph where routes (edges) are…

系统与控制 · 计算机科学 2017-11-30 Dragoslav D. Šiljak