{"id":"https://openalex.org/W2027129938","doi":"https://doi.org/10.1109/allerton.2014.7028495","title":"Randomized pricing for the optimal coordination of opportunistic agents","display_name":"Randomized pricing for the optimal coordination of opportunistic agents","publication_year":2014,"publication_date":"2014-09-01","ids":{"openalex":"https://openalex.org/W2027129938","doi":"https://doi.org/10.1109/allerton.2014.7028495","mag":"2027129938"},"language":"en","primary_location":{"id":"doi:10.1109/allerton.2014.7028495","is_oa":false,"landing_page_url":"https://doi.org/10.1109/allerton.2014.7028495","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 52nd Annual Allerton Conference on Communication, Control, and Computing (Allerton)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5074726069","display_name":"Ozgur Dalkilic","orcid":null},"institutions":[{"id":"https://openalex.org/I52357470","display_name":"The Ohio State University","ror":"https://ror.org/00rs6vg23","country_code":"US","type":"education","lineage":["https://openalex.org/I52357470"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ozgur Dalkilic","raw_affiliation_strings":["Department at the Ohio State University, Electrical and Computer Engineering","Electrical and Computer Engineering Department at the Ohio State University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department at the Ohio State University, Electrical and Computer Engineering","institution_ids":["https://openalex.org/I52357470"]},{"raw_affiliation_string":"Electrical and Computer Engineering Department at the Ohio State University","institution_ids":["https://openalex.org/I52357470"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5076974020","display_name":"Atilla Ery\u0131lmaz","orcid":"https://orcid.org/0000-0001-5560-5806"},"institutions":[{"id":"https://openalex.org/I52357470","display_name":"The Ohio State University","ror":"https://ror.org/00rs6vg23","country_code":"US","type":"education","lineage":["https://openalex.org/I52357470"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Atilla Eryilmaz","raw_affiliation_strings":["Department at the Ohio State University, Electrical and Computer Engineering","Electrical and Computer Engineering Department at the Ohio State University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department at the Ohio State University, Electrical and Computer Engineering","institution_ids":["https://openalex.org/I52357470"]},{"raw_affiliation_string":"Electrical and Computer Engineering Department at the Ohio State University","institution_ids":["https://openalex.org/I52357470"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5082208896","display_name":"Xiaojun Lin","orcid":"https://orcid.org/0000-0001-9117-7212"},"institutions":[{"id":"https://openalex.org/I219193219","display_name":"Purdue University West Lafayette","ror":"https://ror.org/02dqehb95","country_code":"US","type":"education","lineage":["https://openalex.org/I219193219"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Xiaojun Lin","raw_affiliation_strings":["School of Electrical and Computer Engineering at Purdue University","[School of Electrical and Computer Engineering at Purdue University.]"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Electrical and Computer Engineering at Purdue University","institution_ids":[]},{"raw_affiliation_string":"[School of Electrical and Computer Engineering at Purdue University.]","institution_ids":["https://openalex.org/I219193219"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"491","last_page":"498"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9907000064849854,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12101","display_name":"Advanced Bandit Algorithms Research","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6171733140945435},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5465285181999207},{"id":"https://openalex.org/keywords/dynamic-pricing","display_name":"Dynamic pricing","score":0.541168749332428},{"id":"https://openalex.org/keywords/mechanism-design","display_name":"Mechanism design","score":0.48118406534194946},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.45744913816452026},{"id":"https://openalex.org/keywords/payment","display_name":"Payment","score":0.44701918959617615},{"id":"https://openalex.org/keywords/service-provider","display_name":"Service provider","score":0.4174205958843231},{"id":"https://openalex.org/keywords/service","display_name":"Service (business)","score":0.3091127276420593},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.24511289596557617},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.21904811263084412},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.12728053331375122}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6171733140945435},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5465285181999207},{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.541168749332428},{"id":"https://openalex.org/C153517567","wikidata":"https://www.wikidata.org/wiki/Q26090","display_name":"Mechanism design","level":2,"score":0.48118406534194946},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.45744913816452026},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.44701918959617615},{"id":"https://openalex.org/C116537","wikidata":"https://www.wikidata.org/wiki/Q2169973","display_name":"Service provider","level":3,"score":0.4174205958843231},{"id":"https://openalex.org/C2780378061","wikidata":"https://www.wikidata.org/wiki/Q25351891","display_name":"Service (business)","level":2,"score":0.3091127276420593},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.24511289596557617},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.21904811263084412},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.12728053331375122},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/allerton.2014.7028495","is_oa":false,"landing_page_url":"https://doi.org/10.1109/allerton.2014.7028495","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 52nd Annual Allerton Conference on Communication, Control, and Computing (Allerton)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":11,"referenced_works":["https://openalex.org/W1973403707","https://openalex.org/W1984560471","https://openalex.org/W1994293339","https://openalex.org/W2003513529","https://openalex.org/W2018079524","https://openalex.org/W2018344374","https://openalex.org/W2028218361","https://openalex.org/W2105848321","https://openalex.org/W2138000876","https://openalex.org/W2157168337","https://openalex.org/W2747397037"],"related_works":["https://openalex.org/W2111496288","https://openalex.org/W4394864354","https://openalex.org/W2740158290","https://openalex.org/W4384821683","https://openalex.org/W2807021673","https://openalex.org/W4377021841","https://openalex.org/W4391005281","https://openalex.org/W2211062031","https://openalex.org/W1663053862","https://openalex.org/W2491349548"],"abstract_inverted_index":{"In":[0],"this":[1,79,172],"work,":[2],"we":[3,82,174],"study":[4,152,164],"the":[5,11,90,103,121,125,130,143,151,154,163,166],"design":[6],"of":[7,16,59,92,106,124,153,157,165,178],"pricing":[8,86,94,160],"mechanisms":[9],"for":[10],"efficient":[12],"and":[13,30,119,181,183],"stable":[14],"service":[15],"a":[17,84,97,138],"large":[18],"consumer":[19,184],"base":[20],"with":[21,35,45],"deferrable":[22],"demands,":[23],"as":[24],"envisioned":[25],"in":[26,62,95],"future":[27],"smart":[28],"electricity":[29],"data":[31],"networks.":[32],"When":[33],"users":[34],"flexible":[36],"demand":[37,68,100],"are":[38,71],"introduced":[39],"into":[40],"such":[41],"large-scale":[42],"dynamic":[43,46,93],"markets":[44],"prices,":[47],"they":[48],"exhibit":[49],"opportunistic":[50,107],"behavior":[51,156],"to":[52,75,142],"minimize":[53],"their":[54],"cost":[55,144,180],"per":[56],"unit":[57],"amount":[58],"service-received.":[60],"This,":[61],"turn,":[63],"generates":[64],"highly":[65],"fluctuating":[66],"aggregate":[67,99],"patterns":[69],"that":[70,88,129],"destabilizing":[72,104],"or":[73],"costly":[74],"serve.":[76],"To":[77],"avoid":[78],"undesired":[80],"outcome,":[81],"propose":[83],"randomized":[85,159],"mechanism":[87],"preserves":[89,117],"strengths":[91],"tracking":[96],"targeted":[98],"while":[101],"preventing":[102],"effect":[105],"users.":[108],"Price":[109],"randomization":[110,131],"creates":[111],"information":[112],"asymmetry":[113],"among":[114],"consumers,":[115],"but":[116],"fairness":[118],"also":[120],"economic":[122],"benefits":[123],"consumers.":[126],"We":[127],"show":[128],"operation":[132],"can":[133],"be":[134],"captured":[135],"by":[136],"augmenting":[137],"related":[139],"utility":[140],"function":[141],"minimization":[145],"problem.":[146,169],"This":[147],"interesting":[148],"connection":[149],"enables":[150],"steady-state":[155],"our":[158],"solution":[161],"through":[162],"associated":[167],"optimization":[168],"Based":[170],"on":[171],"connection,":[173],"investigate":[175],"key":[176],"metrics":[177],"supplier":[179],"profit":[182],"payments.":[185]},"counts_by_year":[{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":2}],"updated_date":"2026-07-14T23:27:15.235271","created_date":"2025-10-10T00:00:00"}
