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1
Efficient ignorance : information heterogeneity in a queue
Published 2020“…Perhaps surprisingly, we find that throughput and social welfare can be unimodal in the fraction of informed customers. …”
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2
Strategic social team crowdsourcing : forming a team of truthful workers for crowdsourcing in social networks
Published 2021“…Previous social team formation approaches have mainly focused on the algorithmic aspect for social welfare maximization; however, within the traditional objective of maximizing social welfare alone, selfish workers can manipulate the crowdsourcing market by behaving untruthfully. …”
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3
Room allocation with capacity diversity and budget constraints
Published 2019“…Finally, this paper investigates how to find a roommate stable or room envyfree allocation with a social welfare guarantee.…”
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4
On the morning commute problem in a Y-shaped network with individual and household travelers
Published 2023“…When the demand of individuals is relatively low, the staggering policy may not improve social welfare. When the demand of individuals is high, social welfare can be significantly improved if the schedule gap between the work start time and school start time is optimized. …”
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5
Earning and utility limits in fisher markets
Published 2021“…Moreover, our algorithm can be used to obtain in polynomial time a 2-approximation for maximizing Nash social welfare in multi-unit markets with indivisible items that come in multiple copies. …”
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Technological gap and heterogeneous oligopoly
Published 2019“…This paper explores the effect of technological gap on output, profits, market concentration, and social welfare in quantity setting oligopoly with firms of unequal sizes, holding different conjectures, operating with non-identical costs, and producing homogenous products. …”
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8
A Parrondo paradoxical interplay of reciprocity and reputation in social dynamics
Published 2024“…This article sheds light on the nuanced interrelations between reciprocity and reputation and emphasizes their impact on social welfare, offering valuable insights for taking the first steps in enhancing collective welfare in social networks.…”
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9
Analyzing customized bus service on a multimodal travel corridor: an analytical modeling approach
Published 2018“…Another numerical example on a realistic travel corridor in Beijing is conducted to investigate the influence of CB service on social welfare.…”
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10
Efficient three-stage auction schemes for cloudlets deployment in wireless access network
Published 2020“…Inspired by the group-buying mechanism, this paper proposes three-stage auction schemes by combining cloudlet placement and resource assignment, to improve the social welfare subject to the economic properties. We first divide all MUs into some small groups according to the associated APs. …”
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11
Social interactions and the prophylaxis of SI epidemics on networks
Published 2021“…We then characterise the scope for Pareto improvement opened by such policies through a notion of Price of Autarky, measuring the ratio between social welfare at a global and a local equilibrium. Overall, our results show that individual behaviours can be extremely inefficient in the face of epidemic propagation but that policy can take advantage of the network structure to design welfare improving containment policies.…”
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12
Computing equilibria in markets with budget-additive utilities
Published 2018“…We prove that it isNP-hard to compute a market equilibrium that maximizes social welfare, and it is PPAD-hard to find any market equilibrium with utility functions with separate satiation points for each buyer and each good.…”
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13
Flexible weather index insurance design with penalized splines
Published 2023“…All of these merits indicate its potential to increase efficiency of the agricultural insurance market and thus enhance social welfare.…”
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14
Composite optimization with coupling constraints via penalized proximal gradient method in asynchronous networks
Published 2023“…The feasibility of the proposed algorithm is verified by solving a consensus-based distributed regression problem and a social welfare optimization problem in the electricity market.…”
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15
Strategic access and pricing in Internet of Things (IoT) service with energy harvesting
Published 2019“…Moreover, from the perspective of a social planner, the optimal service price to induce the maximal social welfare is derived, and the Price of Anarchy metric is examined accordingly. …”
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16
Composite optimization with coupling constraints via dual proximal gradient method with applications to asynchronous networks
Published 2022“…Analytical convergence rate of the proposed algorithms is derived and their efficacy is verified by solving a social welfare optimization problem of electricity market in the numerical simulation.…”
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17
Algorithmic management for improving collective productivity in crowdsourcing
Published 2018“…Crowdsourcing systems are complex not only because of the huge number of potential strategies for assigning workers to tasks, but also due to the dynamic characteristics associated with workers. Maximizing social welfare in such situations is known to be NP-hard. …”
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