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Why do individuals make different decisions when confronted with similar choices? This paper investigates whether the answer lies in an evolutionary process. Our analysis builds on recent work in evolutionary game theory showing the superiority of a given ...
Empirical evidence suggests that there exists substantial heterogeneity in individuals' social preferences. However, there is little theoretical basis supporting this observation and economic models often assume that all individuals are identical. Hence, t ...
The aggregators are intermediary players at the distribution system level. They manage the financial transactions of resources such as micro-turbines (MTs), photo-voltaic (PV) production systems, flexible demands (FDs), and must-run demands (MDs) in the en ...
The type VI secretion system (T6SS) is a nanomachine used by many bacteria to drive a toxin-laden needle into other bacterial cells. Although the potential to influence bacterial competition is clear, the fitness impacts of wielding a T6SS are not well und ...
We consider the problem of learning to play a repeated multi-agent game with an unknown reward function. Single player online learning algorithms attain strong regret bounds when provided with full information feedback, which unfortunately is unavailable i ...
In this paper, we introduce a model of a financial market as a multiagent repeated game where the players are market makers. We formalize the concept of market making and the parameters of the game. Our main contribution is a framework that combines game t ...
Author summary Many biologically important protein-protein interactions are conserved over evolutionary time scales. This leads to two different signals that can be used to computationally predict interactions between protein families and to identify speci ...
The use of summer pastures in the European Alps provides much evidence against Hardin's prediction of the tragedy of the commons. For centuries, farmers have kept summer pastures in communal tenure and avoided its overuse with self-designed regulations. Du ...
This paper proposes a procedure for the optimal siting and sizing of energy storage systems (ESSs) within active distribution networks (ADNs) hosting a large amount of stochastic distributed renewable energy resources. The optimization objective is to mini ...
Diauxie, or the sequential consumption of carbohydrates in bacteria such as Escherichia coli, has been hypothesized to be an evolutionary strategy which allows the organism to maximize its instantaneous specific growth-giving the bacterium a competitive ad ...