We introduce the concept of a trust network—a decentralized payment infrastructure in which payments are routed as IOUs between trusted entities. The trust network has directed ...
Arpita Ghosh, Mohammad Mahdian, Daniel M. Reeves, ...
In addition to useful Economic interpretation, auction based algorithms are generally found to be efficient. In this note, we observe that the auction-based mechanism can also be u...
We present a characterization of empirical price data from sponsored search auctions. We show that simple models drawing bid values independently from a fixed distribution can be...
Kuzman Ganchev, Alex Kulesza, Jinsong Tan, Ryan Ga...
Abstract. In this work, we consider singleton congestion games as a special class of (weighted) congestion games where each players' strategy consists only of a single resourc...
Abstract. We propose an extensive-form game as a model for pricing roaming charges in 802.11 wireless data networks. We specify utility functions for the three agents involved in t...
We study sequential auctions for private value objects and unit-demand bidders using second-price sealed-bid rules. We analyze this scenario from the seller’s perspective and con...
We consider a model of content contribution in peer-to-peer networks with linear quadratic payoffs and very general interaction patterns. We find that Nash equilibria of this gam...
In this paper, we study competitive markets - a market is competitive if increasing the endowment of any one buyer does not increase the equilibrium utility of any other buyer. In ...