We study the information content of equilibrium prices using the market communication model of Deng, Papadimitriou, and Safra [4]. We show that, in the worst case, communicating an...
Braess's paradox, in its original context, is the counter-intuitive observation that, without lessening demand, closing roads can improve traffic flow. With the explosion of d...
Abstract. We present a new technique for analyzing the rate of convergence of local dynamics in bargaining networks. The technique reduces balancing in a bargaining network to opti...
Abstract. We show a formal duality between certain equilibrium concepts, including the correlated and coarse correlated equilibrium, and analysis frameworks for proving bounds on t...
der the issue of fair division of goods, using the cake cutting abstraction, and aim to bound the possible degradation in social welfare due to the fairness requirements. Previous...