121,647 research outputs found
Stability of Service under Time-of-Use Pricing
We consider "time-of-use" pricing as a technique for matching supply and
demand of temporal resources with the goal of maximizing social welfare.
Relevant examples include energy, computing resources on a cloud computing
platform, and charging stations for electric vehicles, among many others. A
client/job in this setting has a window of time during which he needs service,
and a particular value for obtaining it. We assume a stochastic model for
demand, where each job materializes with some probability via an independent
Bernoulli trial. Given a per-time-unit pricing of resources, any realized job
will first try to get served by the cheapest available resource in its window
and, failing that, will try to find service at the next cheapest available
resource, and so on. Thus, the natural stochastic fluctuations in demand have
the potential to lead to cascading overload events. Our main result shows that
setting prices so as to optimally handle the {\em expected} demand works well:
with high probability, when the actual demand is instantiated, the system is
stable and the expected value of the jobs served is very close to that of the
optimal offline algorithm.Comment: To appear in STOC'1
A stochastic user-operator assignment game for microtransit service evaluation: A case study of Kussbus in Luxembourg
This paper proposes a stochastic variant of the stable matching model from
Rasulkhani and Chow [1] which allows microtransit operators to evaluate their
operation policy and resource allocations. The proposed model takes into
account the stochastic nature of users' travel utility perception, resulting in
a probabilistic stable operation cost allocation outcome to design ticket price
and ridership forecasting. We applied the model for the operation policy
evaluation of a microtransit service in Luxembourg and its border area. The
methodology for the model parameters estimation and calibration is developed.
The results provide useful insights for the operator and the government to
improve the ridership of the service.Comment: arXiv admin note: substantial text overlap with arXiv:1912.0198
DEVELOPMENT OF BASIC FORMULA PRICE POLICY: IMPLICATIONS FOR U.S.-CANADIAN TRADE ISSUES
Agricultural and Food Policy, International Relations/Trade,
Spectrum Trading: An Abstracted Bibliography
This document contains a bibliographic list of major papers on spectrum
trading and their abstracts. The aim of the list is to offer researchers
entering this field a fast panorama of the current literature. The list is
continually updated on the webpage
\url{http://www.disp.uniroma2.it/users/naldi/Ricspt.html}. Omissions and papers
suggested for inclusion may be pointed out to the authors through e-mail
(\textit{[email protected]})
ArchOptions: A Real Options-Based Model for Predicting the Stability of Software Architectures
Architectural stability refers to the extent an architecture is flexible to endure evolutionary changes in stakeholders\' requirements and the environment. We assume that the primary goal of software architecture is to guide the system\'s evolution. We contribute to a novel model that exploits options theory to predict architectural stability. The model is predictive: it provides \"insights\" on the evolution of the software system based on valuing the extent an architecture can endure a set of likely evolutionary changes. The model builds on Black and Scholes financial options theory (Noble Prize wining) to value such extent. We show how we have derived the model: the analogy and assumptions made to reach the model, its formulation, and possible interpretations. We refer to this model as ArchOptions
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