Consider a social choice setting in which agents have quasilinear utilities over monetary transfers. A domain D of admissible valuation functions of an agent is called a revenue monotonicity domain if every 2-cycle monotone allocation rule is truthfully implementable (in dominant strategies) and satisfies revenue equivalence. We introduce the notions of monotonic transformations in differences,...

The amount of electrical energy consumed by Cloud computing resources keeps rising continuously. To exploit the full potential of reducing the carbon footprint, technical optimization of data center load and cooling distribution is not sufficient. We propose a method that motivates Cloud service providers to invest in energy-efficient infrastructure, which then allows for increasing revenue. Th...

Revenue management has been used in a variety of industries and generally takes the form of managing demand by manipulating length of customer usage and price. Supply mix is rarely considered, although it can have considerable impact on revenue. In this research, we focused on developing an optimal supply mix, specifically on determining the supply mix that would maximize revenue. We used data ...

This paper derives revenue-maximising and risk-constrained strategies for stochastic generators participating in electricity markets with a single-price balancing mechanism. The solution to this problem requires forecasts of multiple processes: the participant’s energy production, day-ahead and balancing electricity prices, and the system length. By formulating the problem from a probabilistic ...

We study sequential auctions for private value objects and unit-demand bidders using second-price sealed-bid rules. We analyze this scenario from the seller’s perspective and consider several approaches to increasing the total revenue.We derive the equilibrium bidding strategies for each individual auction.We then study the problem of selecting an optimal agenda, i.e., a revenue-maximizing orde...

The mobile telecommunications industry is undergoing a rapid change, which is increasing the interdependency of firms in the sector. This trend increases the likelihood that mobile information and entertainment services will be delivered through inter-organisational networks of firms. These networks are the topic of this research. In particular we examine service networks and the possible influ...

The paper studies simple strategies of labor tax reform in a search and matching model of the labor market featuring endogenous labor supply. Changing the composition of the tax wedge—that is, reducing a payroll tax and increasing a progressive wage tax such that the marginal tax wedge remains unaffected—increases employment, reduces the equilibrium unemployment rate, and increases public reven...

Motivated by sponsored search auctions, we study multi-unit auctions with budget constraints. In the mechanism we propose, Sort-Cut, understating budgets or values is weakly dominated. Since Sort-Cut’s revenue is increasing in budgets and values, all kinds of equilibrium deviations from true valuations turn out to be bene…cial to the auctioneer. We show that the revenue of Sort-Cut can be an or...

Newspapers has shown steep decline of circulation and advertising revenue in the west. Online advertising is taking away the majority of advertising revenue from print Increasing printing costs also a major concern for the decline of profits of newspapers. Asian countries like Japan, China and India is not seeing any immediate threat for daily newspapers as these countries are dominated by vern...