EconCS Seminar

 

Lecturer: 

Prof. Tami Tamir (Reichman)

Title: 

Resource Buying Games with Load-Dependent Costs

Abstract: 

 

In the basic setting of cost-sharing games, every resource has a fixed cost that is shared equally by its users. The talk will consider a more general setting: resource buying games with load-dependent costs and arbitrary cost-sharing. Under arbitrary cost-sharing, players do not only declare the resources they select to use, but they also declare a payment for each such resource. If the total payments declared for a resource cover its cost, then the resource is activated; otherwise it remains unavailable to the players. We will analyze the equilibrium existence and computation in various classes of these games. In addition, we will see how a simple natural constraint on the declared payments can be used to significantly reduce the equilibrium inefficiency.


Based on joint work with Eirini Georgoulaki and Kostas Kollias.

 

Location: 

Elath Hall, Feldman Building, Edmond J. Safra Campus.

 

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