6,347 research outputs found
Matching Users' Preference Under Target Revenue Constraints in Optimal Data Recommendation Systems
This paper focuses on the problem of finding a particular data recommendation
strategy based on the user preferences and a system expected revenue. To this
end, we formulate this problem as an optimization by designing the
recommendation mechanism as close to the user behavior as possible with a
certain revenue constraint. In fact, the optimal recommendation distribution is
the one that is the closest to the utility distribution in the sense of
relative entropy and satisfies expected revenue. We show that the optimal
recommendation distribution follows the same form as the message importance
measure (MIM) if the target revenue is reasonable, i.e., neither too small nor
too large. Therefore, the optimal recommendation distribution can be regarded
as the normalized MIM, where the parameter, called importance coefficient,
presents the concern of the system and switches the attention of the system
over data sets with different occurring probability. By adjusting the
importance coefficient, our MIM based framework of data recommendation can then
be applied to system with various system requirements and data
distributions.Therefore,the obtained results illustrate the physical meaning of
MIM from the data recommendation perspective and validate the rationality of
MIM in one aspect.Comment: 36 pages, 6 figure
Rational coordination of crowdsourced resources for geo-temporal request satisfaction
Existing mobile devices roaming around the mobility field should be considered as useful resources in geo-temporal request satisfaction. We refer to the capability of an application to access a physical device at particular geographical locations and times as GeoPresence, and we pre- sume that mobile agents participating in GeoPresence-capable applica- tions should be rational, competitive, and willing to deviate from their routes if given the right incentive. In this paper, we define the Hitch- hiking problem, which is that of finding the optimal assignment of re- quests with specific spatio-temporal characteristics to competitive mobile agents subject to spatio-temporal constraints. We design a mechanism that takes into consideration the rationality of the agents for request sat- isfaction, with an objective to maximize the total profit of the system. We analytically prove the mechanism to be convergent with a profit com- parable to that of a 1/2-approximation greedy algorithm, and evaluate its consideration of rationality experimentally.Supported in part by NSF Grants; #1430145, #1414119, #1347522, #1239021, and #1012798
Newspaper Differentiation and Investments in Journalism: The Role of Tax Policy
Many countries levy reduced-rate indirect taxes on newspapers, with proclaimed policy goals of stimulating investment in journalism and ensuring low newspaper prices. However, by taking into account the fact that the media industry operates in two-sided markets, we find the paradoxical result that the consequences of a low-tax regime might be quite the opposite; low investments and high prices. We also show that the low-tax regime tends to increase newspaper differentiation. If the advertising market is relatively small, the newspapers might invest too little in journalism and be too differentiated from a social point of view. In this case a tax increase will be welfare-enhancing.two-sided markets, ad-valorem taxes
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