A Framework to Use Public-Private Partnership for Smart City Projects

The concept of Smart City has been emerging as a strategic set of integrated initiatives encompassing infrastructures, technology and digital services for the purpose of enhancing the quality of life of citizens. However, the development and implementation of Smart City projects require considerable investments that are difficult to fund with traditional public finance. In this context, Public-Private-Partnerships (PPP) appear to be suitable solutions to overcome the shortage of public finance and cuts on public spending. However, the adoption of PPP forms for Smart City projects has not been fully explored and only experimentally applied so far. In order to promote the usage of PPP to finance Smart City initiatives, this paper proposes some PPP financial instruments and discusses the associated strengths and weaknesses. In particular, the use of Project Finance, Revenue Sharing and Social Impact Bonds are suggested as sound alternatives and suitable sources of financing for Smart City project

Equilibria and price of anarchy in parallel relay networks with node pricing

Abstract—We study pricing games in single-layer relay net-works where the source routes traffic selfishly according to the strategic bids made by relays. Each relay’s bid includes a charging function and a proposed traffic share. Relays aim to maximize their individual profit from forwarding traffic. We show that the socially optimal traffic allocation can always be induced by an equilibrium where no relay can increase its profit by unilaterally changing its bids. Inefficient equilibria arise due to the monopolistic pricing power of a superior relay. This lead to a finite price of anarchy if marginal cost functions are concave, and an unbounded price of anarchy when the marginal cost functions are convex. I

Privacy Management and Optimal Pricing in People-Centric Sensing

With the emerging sensing technologies such as mobile crowdsensing and Internet of Things (IoT), people-centric data can be efficiently collected and used for analytics and optimization purposes. This data is typically required to develop and render people-centric services. In this paper, we address the privacy implication, optimal pricing, and bundling of people-centric services. We first define the inverse correlation between the service quality and privacy level from data analytics perspectives. We then present the profit maximization models of selling standalone, complementary, and substitute services. Specifically, the closed-form solutions of the optimal privacy level and subscription fee are derived to maximize the gross profit of service providers. For interrelated people-centric services, we show that cooperation by service bundling of complementary services is profitable compared to the separate sales but detrimental for substitutes. We also show that the market value of a service bundle is correlated with the degree of contingency between the interrelated services. Finally, we incorporate the profit sharing models from game theory for dividing the bundling profit among the cooperative service providers.Comment: 16 page

A Framework to Use Public-Private Partnership for Smart City Projects

The concept of Smart City has been emerging as a strategic set of integrated initiatives encompassing infrastructures, technology and digital services for the purpose of enhancing the quality of life of citizens. However, the development and implementation of Smart City projects require considerable investments that are difficult to fund with traditional public finance. In this context, Public-Private-Partnerships (PPP) appear to be suitable solutions to overcome the shortage of public finance and cuts on public spending. However, the adoption of PPP forms for Smart City projects has not been fully explored and only experimentally applied so far. In order to promote the usage of PPP to finance Smart City initiatives, this paper proposes some PPP financial instruments and discusses the associated strengths and weaknesses. In particular, the use of Project Finance, Revenue Sharing and Social Impact Bonds are suggested as sound alternatives and suitable sources of financing for Smart City projects

Game theoretic analysis of collusions in nonneutral networks

Presented at 1st Workshop on Pricing and Incentives in Networks (W-PIN 2012), London, UK, June 2012International audienceThis paper studies the impact of exclusive contracts between a content provider (CP) and an internet service provider (ISP) in a nonneutral network. We consider a simple linear demand function for the CPs. We study when an exclusive contract is beneficial to the colluding pair and evaluate its impact on the noncolluding players at equilibrium. For the case of two CPs and one ISP we show that collusion may not always be beneficial. We derive an explicit condition in terms of the advertisement revenues of the CPs that tells when a collusion is profitable to the colluding entities

Near-Optimal Power Control in Wireless Networks: A Potential Game Approach

We study power control in a multi-cell CDMA wireless system whereby self-interested users share a common spectrum and interfere with each other. Our objective is to design a power control scheme that achieves a (near) optimal power allocation with respect to any predetermined network objective (such as the maximization of sum-rate, or some fairness criterion). To obtain this, we introduce the potential-game approach that relies on approximating the underlying noncooperative game with a "close" potential game, for which prices that induce an optimal power allocation can be derived. We use the proximity of the original game with the approximate game to establish through Lyapunov-based analysis that natural user-update schemes (applied to the original game) converge within a neighborhood of the desired operating point, thereby inducing near-optimal performance in a dynamical sense. Additionally, we demonstrate through simulations that the actual performance can in practice be very close to optimal, even when the approximation is inaccurate. As a concrete example, we focus on the sum-rate objective, and evaluate our approach both theoretically and empirically.National Science Foundation (U.S.) (DMI-05459100)National Science Foundation (U.S.) (DMI-0545910)United States. Defense Advanced Research Projects Agency (ITMANET program)7th European Community Framework Programme (Marie Curie International Fellowship