Against Compromise: A Mechanism Design Approach

Quality Utility – a Compromise Programming Approach to Robust Design

Banking: A Mechanism Design Approach

We study banking using the tools of mechanism design, without a priori assumptions about what banks are, who they are, or what they do. Given preferences, technologies, and certain frictions –including limited commitment and imperfect monitoring –we describe the set of incentive feasible allocations and interpret the outcomes in terms of institutions that resemble banks. Our bankers endogenousl...

A Mechanism Design Approach to Measure Awareness

In this paper, we study protocols that allow to discern conscious and unconscious decisions of human beings; i.e., protocols that measure awareness. Consciousness is a central research theme in Neuroscience and AI, which remains, to date, an obscure phenomenon of human brains. Our starting point is a recent experiment, called Post Decision Wagering (PDW) (Persaud, McLeod, and Cowey 2007), that ...

A Mechanism Design Approach for Energy Allocation

In this work we deploy a mechanism design approach for allocating a divisible commodity (electricity in our example) among consumers. We consider to have an energy availability function and for each consumer an associated personal valuation function of the energy resource during a certain time interval. We aim to select the optimal consumption profile for every user avoiding consumption peaks w...

A Mechanism Design Approach for Influence Maximization

With the proliferation of online social networks (OSNs), the characterization of diffusion processes and influence maximization over such processes is a problem of relevance and importance. Although several algorithmic frameworks for identifying influential nodes exist in literature, there is a paucity of literature in the setting of competitive influence. In this paper, we present a novel mech...