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Concept

Social welfare function

Related publications (22)

Equilibria in Network Constrained Energy Markets

Leonardo Massai

We study an energy market composed of producers who compete to supply energy to different markets and want to maximize their profits. The energy market is modeled by a graph representing a constrained power network where nodes represent the markets and lin ...

Elsevier2023

Exploiting environmental signals to enable policy correlation in large-scale decentralized systems

Boi Faltings, Panayiotis Danassis, Zeki Doruk Erden

Can artificial agents benefit from human conventions? Human societies manage to successfully self-organize and resolve the tragedy of the commons in common-pool resources, in spite of the bleak prediction of non-cooperative game theory. On top of that, rea ...

SPRINGER2022

Optimization and equilibrium problems with discrete choice models

Stefano Bortolomiol

Many transportation markets are characterized by oligopolistic competition. In these markets customers, suppliers and regulators make decisions that are influenced by the preferences and the decisions of all other agents. In particular, capturing and under ...

EPFL2022

Improved Cooperation by Exploiting a Common Signal

Boi Faltings, Panayiotis Danassis, Zeki Doruk Erden

International Foundation for Autonomous Agents and Multiagent Systems2022

Appropriate Communal Open Spaces: Principle 6

Yves Pedrazzini, Lesslie Astrid Herrera Quiroz

Principle 6 stresses that an appropriate proportion, number, organization and equitable distribution of Communal Open Spaces are essential for the sustainability of any settlement on the long-term, and should consider cultural, social and environmental asp ...

EPFL LASUR and GTH UNCHR2022

Scalable Multi-agent Coordination and Resource Sharing

Panayiotis Danassis

A plethora of real world problems consist of a number of agents that interact, learn, cooperate, coordinate, and compete with others in ever more complex environments. Examples include autonomous vehicles, robotic agents, intelligent infrastructure, IoT de ...

EPFL2022

Price-based regulation of oligopolistic markets under discrete choice models of demand

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

We propose a framework to find optimal price-based policies to regulate markets characterized by oligopolistic competition and in which consumers make a discrete choice among a finite set of alternatives. The framework accommodates general discrete choice ...

2022

Understanding intergenerational fitness tracking practices: 12 suggestions for design

Pearl Pu Faltings, Kavous Salehzadeh Niksirat

The paper presents a qualitative study to explore the use of fitness trackers and their social functions in intergenerational settings. The study covered three phases of semi-structured interviews with older and younger adults during individual and interge ...

SPRINGERNATURE2022

Carbon Border Adjustment Mechanism (CBAM) in the Transition to Net-Zero Emissions: Collective Implementation and Distributional Impacts

Marc Vielle, Sigit Pria Perdana

As an instrument to minimize carbon leakage, the effects and feasibility of Carbon Border Adjustments Mechanism (CBAM) will depend on multiple design options. While the EU has committed to introducing CBAM as part of its green climate deal, pursuing climat ...

2021

Carbon Border Adjustment Mechanism in the Transition to Net-Zero Emissions: Collective Implementation and Distributional Impacts

Marc Vielle, Sigit Pria Perdana

2023

Institutions and Incentives in Knowledge Production and Diffusion: From Science to Innovation

Charles Chadi Ayoubi

This thesis presents four essays providing novel empirical and theoretical insights on the incentives and institutional structures that favor knowledge production and diffusion. The first two studies analyze these processes in the realm of scientific resea ...

EPFL2020

Frictional Intermediation in Over-the-Counter Markets

Julien Hugonnier

We extend Duffie et al.'s (2005) search-theoretic model of over-the-counter (OTC) asset markets, allowing for a decentralized inter-dealer market with arbitrary heterogeneity in dealers' valuations (or, equivalently, inventory costs). We develop a solution ...

OXFORD UNIV PRESS2020

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 ...

ASSOC COMPUTING MACHINERY2019

On (The Lack Of) Location Privacy in Crowdsourcing Applications

Carmela González Troncoso, Mathias Jacques Jean-Marc Humbert

Crowdsourcing enables application developers to benefit from large and diverse datasets at a low cost. Specifically, mobile crowdsourcing (MCS) leverages users' devices as sensors to perform geo-located data collection. The collection of geo-located data r ...

USENIX ASSOC2019

Three Essays in Banking and Finance

Damien Olivier Klossner

This thesis develops three models that study the motivation of various agents to take on debt, and the impact that excessive financial leverage can have on social welfare. In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...

EPFL2019

A systematic analysis of multimodal transport systems with road space distribution and responsive bus service

Nikolaos Geroliminis, Nan Zheng

A smart design of transport systems involves efficient use and allocation of the limited urban road capacity in the multimodal environment. This paper intends to understand the system-wide effect of dividing the road space to the private and public transpo ...

2018

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

Equilibrium analysis in multi-echelon supply chain with multi-dimensional utilities of inertial players

Naoufel Cheikhrouhou

In a supply chain, the importance of information elicitation from the supply chain players is vital to design supply chain network. The rationality and self-centredness of these players causes the information asymmetry in the supply chain and thus situatio ...

Palgrave Macmillan Ltd2017

Essays in Bank Financing

Yalda Sigrist

This thesis examines the optimal mode of financing for banks and financial institutions. The first chapter, which is a joint work with Prof. Jean-Charles Rochet, investigates how Systemically Important Financial Institutions (SIFIs) should be financed. The ...

EPFL2017

Electricity market operations under increasing uncertainty

Farzaneh Abbaspourtorbati

Decision making in electricity markets under uncertainty has worldwide gained attention due to an increasing number of uncertain parameters associated to technology developments and market evolution. Hence, the market operator faces new challenges pertaini ...

EPFL2017