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» Proportional response dynamics leads to market equilibrium
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STOC
2007
ACM
169views Algorithms» more  STOC 2007»
14 years 5 months ago
Proportional response dynamics leads to market equilibrium
One of the main reasons of the recent success of peer to peer (P2P) file sharing systems such as BitTorrent is its built-in tit-for-tat mechanism. In this paper, we model the band...
Fang Wu, Li Zhang
ICALP
2009
Springer
14 years 5 months ago
Proportional Response Dynamics in the Fisher Market
Abstract. In this paper, we show that the proportional response dynamics, a utility based distributed dynamics, converges to the market equilibrium in the Fisher market with consta...
Li Zhang
SODA
2012
ACM
278views Algorithms» more  SODA 2012»
11 years 7 months ago
Beyond myopic best response (in Cournot competition)
A Nash Equilibrium is a joint strategy profile at which each agent myopically plays a best response to the other agents’ strategies, ignoring the possibility that deviating fro...
Amos Fiat, Elias Koutsoupias, Katrina Ligett, Yish...
TON
2008
131views more  TON 2008»
13 years 4 months ago
Capacity management and equilibrium for proportional QoS
Differentiated services architectures are scalable solutions for providing class-based Quality of Service (QoS) over packet switched networks. While qualitative attributes of the o...
Ishai Menache, Nahum Shimkin
TSP
2010
12 years 11 months ago
Dynamic spectrum management with the competitive market model
[1, 2] have shown for the dynamic spectrum allocation problem that a competitive market model (which sets a price for transmission power on each channel) leads to a greater social...
Yao Xie, Benjamin Armbruster, Yinyu Ye