2 citations · 2 across the 4 of their papers we have counts for
4 papers
Traders in a Strange Land: Agent-based discrete-event market simulation of the Figgie card game
Steven DiSilvio, Yu, Luo +1
Figgie is a card game that approximates open-outcry commodities trading. We design strategies for Figgie and study their performance and the resulting market behavior. To do this,…
How much income inequality is fair? Nash bargaining solution and its connection to entropy
Venkat Venkatasubramanian, Yu Luo
The question about fair income inequality has been an important open question in economics and in political philosophy for over two centuries with only qualitative answers such as…
Social influence makes self-interested crowds smarter: an optimal control perspective
Yu Luo, Garud Iyengar, Venkat Venkatasubramanian
It is very common to observe crowds of individuals solving similar problems with similar information in a largely independent manner. We argue here that crowds can become "smarter,…
Game Theory, Statistical Mechanics and Income Inequality
Venkat Venkatasubramanian, Yu Luo, Jay Sethuraman
The widening inequality in income distribution in recent years, and the associated excessive pay packages of CEOs in the U.S. and elsewhere, is of growing concern among policy make…