5 papers
Token Economy Design for Fair and Efficient Highway Congestion Management with Express Lanes
Leonardo Pedroso, Juan Pablo Bertucci, W. P. M. H. Heemels +1
We study the design of a token economy for highway lane allocation that aims to improve fairness without sacrificing traffic efficiency. Motivated by the San Mateo 101 Express Lane…
Token Economy for Fair and Efficient Dynamic Resource Allocation in Congestion Games
Leonardo Pedroso, Andrea Agazzi, W. P. M. H. Heemels +1
Self-interested behavior in sharing economies often leads to inefficient aggregate outcomes compared to a centrally coordinated allocation, ultimately harming users. Yet, centraliz…
Evolutionary Analysis of Continuous-time Finite-state Mean Field Games with Discounted Payoffs
Leonardo Pedroso, Andrea Agazzi, W. P. M. H. Heemels +1
We consider a class of continuous-time dynamic games involving a large number of players. Each player selects actions from a finite set and evolves through a finite set of states.…
Evolutionary Dynamics in Continuous-time Finite-state Mean Field Games -- Part II: Stability
Leonardo Pedroso, Andrea Agazzi, W. P. M. H. Heemels +1
We study a dynamic game with a large population of players who choose actions from a finite set in continuous time. Each player has a state in a finite state space that evolves sto…
Evolutionary Dynamics in Continuous-time Finite-state Mean Field Games -- Part I: Equilibria
Leonardo Pedroso, Andrea Agazzi, W. P. M. H. Heemels +1
We study a dynamic game with a large population of players who choose actions from a finite set in continuous time. Each player has a state in a finite state space that evolves sto…