We consider the El Farol bar problem, also known as the minority game W. B. Arthur, The American Economic Review, 842: 406 411 1994, D. Challet and Y.C. Zhang, Physica A, 256:514 ...
Financial efficiency is the premier performance measure for most systems. Existing economic ecosystems for distribution of multimedia leave a lot to be desired: client-server plat...
The proprietary nature of existing Content Delivery Networks (CDNs) means they are closed and do not naturally cooperate, resulting in “islands” of CDNs. Finding ways for dist...
Al-Mukaddim Khan Pathan, James Broberg, Kris Buben...
We investigate the design of iterative, limited-precision mechanisms for single-good auctions with dominant strategy equilibria. Our aim is to design mechanisms that minimize the ...
Experiencing and expressing emotions are integral parts of our life. In the retail area of commerce, emotion plays a fundamental role. When we choose or buy a commodity, our choic...