Dynamic Profit Maximization of Cognitive Mobile Virtual Network Operator

Dynamic Mechanism Design: Incentive Compatibility, Profit Maximization and Information Disclosure

This paper examines the problem of how to design incentive-compatible mechanisms in environments in which the agents’private information evolves stochastically over time and in which decisions have to be made in each period. The environments we consider are fairly general in that the agents’ types are allowed to evolve in a non-Markov way, decisions are allowed to a¤ect the type distributions a...

Survival Versus Profit Maximization in a Dynamic Stochastic Experiment∗

Subjects in a laboratory experiment withdraw earnings from a cash reserve evolving according to an arithmetic Brownian motion in near-continuous time. Aggressive withdrawal policies expose subjects to risk of bankruptcy but the policy that maximizes expected earnings need not maximize the odds of survival. When profit maximization is consistent with high rates of survival (HS treatments), subje...

Towards Profit Maximization for Online Social Network Providers

Online Social Networks (OSNs) attract billions of users to share information and communicate where viral marketing has emerged as a new way to promote the sales of products. An OSN provider is often hired by an advertiser to conduct viral marketing campaigns. The OSN provider generates revenue from the commission paid by the advertiser which is determined by the spread of its product informatio...

Supply Chain Network Design Under Profit Maximization and Oligopolistic Competition

In this paper, we model the supply chain network design problem with oligopolistic firms who are involved in the competitive production, storage, and distribution of a homogeneous product to multiple demand markets. The profit-maximizing firms select both the capacities associated with the various supply chain network activities as well as the product quantities. We formulate the governing Nash...

Customer Selection and Profit Maximization