Incentive provision using intervention

Jaeok Park, Mihaela Van Der Schaar

Research output: Chapter in Book/Report/Conference proceedingConference contribution

6 Citations (Scopus)

Abstract

Overcoming the inefficiency of non-cooperative out-comes poses an important challenge for network managers in achieving efficient utilization of network resources. This paper studies a class of incentive schemes based on intervention, which are aimed to drive self-interested users towards a system objective. A manager can implement an intervention scheme by introducing in the network an intervention device that is able to monitor the actions of users and to take an action that influences the network usage of users. We consider the case of perfect monitoring, where the intervention device can immediately observe the actions of users without errors. We also assume that there exist actions of the intervention device that are most and least preferred by all users and the intervention device, regardless of the actions of users. We derive analytical results about the outcomes achievable with intervention and optimal intervention rules, and illustrate the results with an example based on random access networks.

Original languageEnglish
Title of host publication2011 Proceedings IEEE INFOCOM
Pages571-575
Number of pages5
DOIs
Publication statusPublished - 2011 Aug 2
EventIEEE INFOCOM 2011 - Shanghai, China
Duration: 2011 Apr 102011 Apr 15

Other

OtherIEEE INFOCOM 2011
CountryChina
CityShanghai
Period11/4/1011/4/15

Fingerprint

Managers
Monitoring

All Science Journal Classification (ASJC) codes

  • Computer Science(all)
  • Electrical and Electronic Engineering

Cite this

Park, J., & Van Der Schaar, M. (2011). Incentive provision using intervention. In 2011 Proceedings IEEE INFOCOM (pp. 571-575). [5935229] https://doi.org/10.1109/INFCOM.2011.5935229
Park, Jaeok ; Van Der Schaar, Mihaela. / Incentive provision using intervention. 2011 Proceedings IEEE INFOCOM. 2011. pp. 571-575
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Park, J & Van Der Schaar, M 2011, Incentive provision using intervention. in 2011 Proceedings IEEE INFOCOM., 5935229, pp. 571-575, IEEE INFOCOM 2011, Shanghai, China, 11/4/10. https://doi.org/10.1109/INFCOM.2011.5935229

Incentive provision using intervention. / Park, Jaeok; Van Der Schaar, Mihaela.

2011 Proceedings IEEE INFOCOM. 2011. p. 571-575 5935229.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Park J, Van Der Schaar M. Incentive provision using intervention. In 2011 Proceedings IEEE INFOCOM. 2011. p. 571-575. 5935229 https://doi.org/10.1109/INFCOM.2011.5935229