Concept

Utility maximization problem

Publications associées (40)

Information Theoretic Characterization of Uncertainty Distinguishes Surprise From Accuracy Signals in the Brain

Kerstin Preuschoff, Leyla Loued-Khenissi

Uncertainty presents a problem for both human and machine decision-making. While utility maximization has traditionally been viewed as the motive force behind choice behavior, it has been theorized that uncertainty minimization may supersede reward motivat ...

2020

No-Regret Learning from Partially Observed Data in Repeated Auctions

Maryam Kamgarpour, Orcun Karaca

We study a general class of repeated auctions, such as the ones found in electricity markets, as multi-agent games between the bidders. In such a repeated setting, bidders can adapt their strategies online using no-regret algorithms based on the data obser ...

2020

Stable Fractional Matchings

Aris Filos Ratsikas

We study a generalization of the classical stable matching problem that allows for cardinal preferences (as opposed to ordinal) and fractional matchings (as opposed to integral). After observing that, in this cardinal setting, stable fractional matchings c ...

2019

Stable Fractional Matchings

Aris Filos Ratsikas

ASSOC COMPUTING MACHINERY2019

On the use of reservation-based autonomous vehicles for demand management

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

Automated mobility on demand is foreseen as the future of urban passenger mobility. While mixed-traffic for autonomous and conventional vehicles could be considered, separation amplifies the benefits of automation. Combined with mobility as a service, sepa ...

2017

Synthesis of single and interplant non-isothermal water networks

François Maréchal, Maziar Kermani

This paper addresses the synthesis problem of non-isothermal water networks using a mathematical programming approach. A heat-integrated water network superstructure and its corresponding mixed integer nonlinear programming (MINLP) model is proposed for th ...

2017

Composable Method for Explicit Power Flow Control in Electrical Grids

Jean-Yves Le Boudec, Mario Paolone, Andrey Bernstein

A power flow control system for an interconnected power system, the interconnected power system comprising a plurality of electrical subsystems; an abstract framework configured to work as a utility maximiser under constraints (that applies to the electric ...

2016

To Buy or Not to Buy: Consumer Constraints in the Housing Market

Andreas Fuster

We use a strategic household survey to study the sensitivity of intended homeownership decisions to financing constraints. We find that the average stated likelihood of buying a home is strongly sensitive to the size of the required down payment, which we ...

2016

Profit Optimization for Wireless Video Broadcasting Systems Based on Polymatroidal Analysis

Pascal Frossard, Yiqiang Chen

This study addresses the problem of profit maximization between wireless service providers (WSPs) and content providers (CPs) in wireless broadcasting systems, while simultaneously providing high quality of experience for end-users (EUs). We first study th ...

2015

A Non-Parametric Approach to Demand Forecasting in Revenue Management

Shadi Sharif Azadeh

In revenue management, the profitability of the inventory and pricing decisions rests on the accuracy of demand forecasts. However, whenever a product is no longer available, true demand may differ from registered bookings, thus inducing a negative bias in ...

2015

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