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This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control, game theory, and mechanism design in one volume. Technically rigorous and largely self-contained, it provides an introduction to the use of ...
We introduce a class of learning problems where the agent is presented with a series of tasks. Intuitively, if there is a relation among those tasks, then the information gained during execution of one task has value for the execution of another task. Cons ...
Recent smartphones incorporate embedded GPS devices that enable users to obtain geographic information about their surroundings by providing a location-based service (LBS) with their current coordinates. However, LBS providers collect a significant amount ...
As the Internet of Things grows to large scale, its components will increasingly be controlled by selfinterested agents. For example, sensor networks will evolve to community sensing where a community of agents combine their data into a single coherent str ...
This paper presents a game-theoretic model for the international negotiations that should take place to renew or extend the Kyoto protocol beyond 2012. These negotiations should lead to a self-enforcing agreement on a burden sharing scheme to realize the n ...
Many games have undesirable Nash equilibria. For exam- ple consider a resource allocation game in which two players compete for an exclusive access to a single resource. It has three Nash equilibria. The two pure-strategy NE are effi- cient, but not fair. ...
Public-key certificates allow a multitude of entities to securely exchange and verify the authenticity of data. However, the ability to effectively revoke compromised or untrustworthy certificates is of great importance when coping with misbehavior. In thi ...
Todays complex online applications often require the interaction of multiple services that potentially belong to different business entities. Interoperability is a core element of such an environment, yet not a straightforward one. In this paper, we argue ...
The set of correlated equilibria is convex and contains all Nash equilibria as special cases. Thus, the social welfare-maximizing correlated equilibrium is amenable to convex analysis and offers social welfare that is at least as good as the games best pe ...
This paper presents a game-theoretic model for the international negotiations that should take place to renew or extend the Kyoto protocol beyond 2012. These negotiations should lead to a self-enforcing agreement on a burden sharing scheme to realize the n ...