This paper studies price properties in continuous double-auction markets in the presence of marketmakers, agents with special responsibilities for maintaining liquidity and orderl...
Dynamic spectrum leasing can greatly enhance the spectrum efficiency and encourage more flexible services in the spectrum market. This paper presents a detailed analytical study of...
We develop a game-theoretic framework for the study of competition between firms who have budgets to “seed” the initial adoption of their products by consumers located in a s...
We analyze a general market for an industry of competing service facilities. Firms differentiate themselves by their price levels and the waiting time their customers experience,...
Closed-loop control systems are dynamic systems subject to perturbations. One of the main concerns of the control is to design controllers to correct or limit the deviation that t...