5 papers
Informal and Privatized Transit: Incentives, Efficiency and Coordination
Devansh Jalota, Matthew Tsao
Informal and privatized transit services, such as minibuses and shared auto-rickshaws, are integral to daily travel in large urban metropolises, providing affordable commutes where…
Credit-Based vs. Discount-Based Congestion Pricing: A Comparison Study
Chih-Yuan Chiu, Devansh Jalota, Marco Pavone
Credit-based congestion pricing (CBCP) and discount-based congestion pricing (DBCP), which respectively allot travel credits and toll discounts to subsidize low-income users' acces…
Simple vs. Optimal Congestion Pricing
Devansh Jalota, Xuan Di, Adam N. Elmachtoub
Congestion pricing has emerged as an effective tool for mitigating traffic congestion, yet implementing welfare or revenue-optimal dynamic tolls is often impractical. Most real-wor…
Online Learning for Equilibrium Pricing in Markets under Incomplete Information
Devansh Jalota, Haoyuan Sun, Navid Azizan
The computation of equilibrium prices at which the supply of goods matches their demand typically relies on complete information on agents' private attributes, e.g., suppliers' cos…
To Spend or to Gain: Online Learning in Repeated Karma Auctions
Damien Berriaud, Ezzat Elokda, Devansh Jalota +4
Recent years have seen a surge of artificial currency-based mechanisms in contexts where monetary instruments are deemed unfair or inappropriate, e.g., in allocating food donations…