54 citations · 143 across the 17 of their papers we have counts for
6 papers · 1 filter
Uncharted Waters: Selling a New Product Robustly
Kun Zhang
New products often involve uncertainty about product fit, while sellers may also be unsure about what alternatives buyers face. I study a seller of a new product who sets a price a…
Collective Upkeep
Erik Madsen, Eran Shmaya
We design mechanisms for maintaining public goods which require periodic in-kind contributions, motivated by incentives problems facing crowd-sourced recommender systems. Utilitari…
Disentangling Exploration from Exploitation
Alessandro Lizzeri, Eran Shmaya, Leeat Yariv
Starting from Robbins (1952), the literature on experimentation via multi-armed bandits has wed exploration and exploitation. Nonetheless, in many applications, agents' exploration…
A Characterization of Universally Optimal Queueing Regimes
Marco Scarsini, Eran Shmaya
We consider an M/M/s queueing model in which customers strategically decide, based on the service reward and waiting cost, whether to join upon arrival or balk and, at any time, wh…
Regret-Minimizing Project Choice
Yingni Guo, Eran Shmaya
An agent observes the set of available projects and proposes some, but not necessarily all, of them. A principal chooses one or none from the proposed set. We solve for a mechanism…
Robust Monopoly Regulation
Yingni Guo, Eran Shmaya
We study the regulation of a monopolistic firm using a robust-design approach. We solve for the policy that minimizes the regulator's worst-case regret, where the regret is the dif…