13 papers
What should the encroaching supplier do?: A Stackelberg Game Approach
Gurkirat Wadhwa, Veeraruna Kavitha
Suppliers often encroach downstream by operating in-house production-units while continuing to supply independent production-units. We study the optimal configuration, including op…
Multi-type random game dynamics: limits at discontinuities and cyclic limits
Raghupati Vyas, Kousik Das, Veeraruna Kavitha +1
We consider (random) strategic interactions in a large population consisting of a variety of players. A rational player chooses actions that maximise certain utility functions, whi…
Balancing Morality and Economics: Population Games with Herding and Inertia
Raghupati Vyas, Harsitha Devaraj, Veeraruna Kavitha
The adoption of clean technologies (CTs) plays an important role in reducing carbon dioxide (CO) emissions. We study CT adoption in a large population of consumers with heterog…
Games with Rational and Herding Players
Raghupati Vyas, Khushboo Agarwal, Konstantin Avrachenkov +1
Classical game theory is a powerful framework to analyze the strategic interactions among rational players. However, in many real-life scenarios, players choose actions based on th…
Strategic Pricing and Ranking in Recommendation Systems with Seller Competition
Tushar Shankar Walunj, Veeraruna Kavitha, Jayakrishnan Nair +1
We study a recommendation system where sellers compete for visibility by strategically offering commissions to a platform that optimally curates a ranked menu of items and their re…
Equilibrium Cycle: A "Dynamic" Equilibrium
Tushar Shankar Walunj, Shiksha Singhal, Veeraruna Kavitha +1
In this paper, we introduce a novel equilibrium concept, called the equilibrium cycle, which seeks to capture the outcome of oscillatory game dynamics. Unlike the (pure) Nash equil…