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The emergent behavior of a distributed system is conditioned by the information available to the local decision-makers. Therefore, one may expect that providing decision-makers with more information will improve system performance; in this…

计算机科学与博弈论 · 计算机科学 2023-06-23 Bryce L. Ferguson , Dario Paccagnan , Jason R. Marden

As electrical generation becomes more distributed and volatile, and loads become more uncertain, controllability of distributed energy resources (DERs), regardless of their ownership status, will be necessary for grid reliability. Grid…

系统与控制 · 电气工程与系统科学 2024-10-22 Adam Lechowicz , Joshua Comden , Andrey Bernstein

Unexpected advertising items in sponsored search may reduce users' reliance on organic search, resulting in hidden cost for the e-commerce platform. To address this problem and promote sustainable growth, we propose a dynamic reserve price…

计算机科学与博弈论 · 计算机科学 2025-08-26 Mang Li

When multiple informative equilibria are possible in a general cheap talk game, how much information can a principal guarantee herself? To answer this question, I define the notion of worst-case implementation-implementation via the worst…

理论经济学 · 经济学 2026-02-17 Andrei Iakovlev

This paper studies the pool strategy for price-makers under imperfect information. In this occasion, market participants cannot obtain essential transmission parameters of the power system. Thus, price-makers should estimate the market…

系统与控制 · 电气工程与系统科学 2024-11-25 Kedi Zheng , Hongye Guo , Qixin Chen

We consider a market of risky financial assets whose participants are an informed trader, a representative uninformed trader, and noisy liquidity providers. We prove the existence of a market-clearing equilibrium when the insider…

交易与市场微观结构 · 定量金融 2025-04-02 Michail Anthropelos , Scott Robertson

We consider a scenario in which a database stores sensitive data of users and an analyst wants to estimate statistics of the data. The users may suffer a cost when their data are used in which case they should be compensated. The analyst…

计算机科学与博弈论 · 计算机科学 2012-04-19 Lisa Fleischer , Yu-Han Lyu

Peer prediction mechanisms are often adopted to elicit truthful contributions from crowd workers when no ground-truth verification is available. Recently, mechanisms of this type have been developed to incentivize effort exertion, in…

计算机科学与博弈论 · 计算机科学 2016-12-05 Yang Liu , Yiling Chen

Pricing schemes are an important smart grid feature to affect typical energy usage behavior of energy users (EUs). However, most existing schemes use the assumption that a buyer pays the same price per unit of energy to all suppliers at any…

系统与控制 · 计算机科学 2015-12-14 Wayes Tushar , Chau Yuen , David Smith , H. Vincent Poor

In modern buildings renewable energy generators and storage devices are spreading, and consequently the role of the users in the power grid is shifting from passive to active. We design a demand response scheme that exploits the prosumers'…

系统与控制 · 电气工程与系统科学 2022-11-10 Marta Fochesato , Carlo Cenedese , John Lygeros

We introduce a model of estimation in the presence of strategic, self-interested sensors. We employ a game-theoretic setup to model the interaction between the sensors and the receiver. The cost function of the receiver is equal to the…

计算机科学与博弈论 · 计算机科学 2015-06-26 Farhad Farokhi , Andre M. H. Teixeira , Cedric Langbort

We study multidimensional cheap talk with simple language and aligned preferences. An expert communicates with a decision-maker using a score that aggregates a multidimensional state into a one-dimensional message. Even though the expert…

理论经济学 · 经济学 2026-02-05 Jacopo Bizzotto , Nathan Hancart

In the present work we tackle the problem of finding the optimal price tariff to be set by a risk-averse electric retailer participating in the pool and whose customers are price-sensitive. We assume that the retailer has access to a…

最优化与控制 · 数学 2022-02-24 Román Pérez-Santalla , Miguel Carrión , Carlos Ruiz

When users lack specific knowledge of various system parameters, their uncertainty may lead them to make undesirable deviations in their decision making. To alleviate this, an informed system operator may elect to signal information to…

计算机科学与博弈论 · 计算机科学 2023-03-31 Bryce L. Ferguson , Philip N. Brown , Jason R. Marden

A monopoly platform sells either a risky product (with unknown utility) or a safe product (with known utility) to agents who sequentially arrive and learn the utility of the risky product by the reporting of previous agents. It is costly…

理论经济学 · 经济学 2023-12-12 Kaiwei Zhang , Xi Weng , Xienan Cheng

The prospective participation of smart buildings in the electricity system is strongly related to the increasing active role of demand-side resources in the electrical grid. In addition, the growing penetration of smart meters and recent…

系统与控制 · 电气工程与系统科学 2019-08-02 Ricardo Fernández-Blanco , Juan Miguel Morales , Salvador Pineda

Data is the central commodity of the digital economy. Unlike physical goods, it is non-rival, replicable at near-zero cost, and traded under heterogeneous licensing rules. These properties defy standard supply--demand theory and call for…

物理与社会 · 物理学 2025-10-13 Pasquale Casaburi , Giovanni Piccioli , Pierpaolo Vivo

Designing protocols enhancing cooperation for multi-agent systems remains a grand challenge. Cheap talk, defined as costless, non-binding communication before formal action, serves as a pivotal solution. However, existing theoretical…

多智能体系统 · 计算机科学 2026-03-03 Zhao Song , Chen Shen , Zhen Wang , The Anh Han

The interconnected smart devices and industrial internet of things devices require low-latency communication to fulfill control objectives despite limited resources. In essence, such devices have a time-critical nature but also require a…

信息论 · 计算机科学 2023-02-07 Stefan Roth , Yasemin Karacora , Christina Chaccour , Aydin Sezgin , Walid Saad

We modify the standard model of price competition with horizontally differentiated products, imperfect information, and search frictions by allowing consumers to flexibly acquire information about a product's match value during their…

理论经济学 · 经济学 2021-04-28 Vasudha Jain , Mark Whitmeyer