The price of anarchy (POA) is a worst-case measure of the inefficiency of selfish behavior, defined as the ratio of the objective function value of a worst Nash equilibrium of a g...
Whenever rational agents form coalitions to execute tasks, doing so via a decentralized negotiation process—while more robust and democratic—may lead to a loss of efficiency ...
Georgios Chalkiadakis, Edith Elkind, Maria Polukar...
In competitive wholesale electricity markets, regulated load serving entities (LSEs) and marketers with default service contracts have obligations to serve fluctuating load at pre...
Ad-hoc Grids are highly heterogeneous and dynamic networks, one of the main challenges of resource allocation in such environments is to find mechanisms which do not rely on the ...
We introduce an information bundling model that addresses two important but relatively unstudied issues in real markets for information goods: automated customization of content b...