We formulate a noncooperative game to model competition for policyholders among non-life insurance companies, taking into account market premium, solvency level, market share and underwriting results. We study Nash equilibria and Stackelberg equilibria for the premium levels, and give numerical illustrations.

Conservation agencies around the world are tasked with protecting endangered wildlife from poaching. Despite their substantial efforts, however, species are continuing to be poached to critical status and, in some cases, extinction. In South Africa, rhino poaching has seen a recent escalation in frequency; while only 122 rhinos were poached in 2009, a record 1215 rhinos were poached in 2014 (ap...

Planning of an optimal product family architecture (PFA) plays a critical role in defining an organization's product platforms for product variant configuration while leveraging commonality and variety. The focus of PFA planning has been traditionally limited to the product design stage, yet with limited consideration of the downstream supply chain-related issues. Decisions of supply chain conf...

Due to the lack of coordination, it is unlikely that the selfish players of a strategic game reach a socially good state. Using Stackelberg strategies is a popular way to improve the system’s performance. Stackelberg strategies consist of controlling the action of a fraction α of the players. However compelling an agent can be costly, unpopular or just hard to implement. It is then natural to a...

As the core issue of blockchain, the mining requires solving a proof-of-work puzzle, which is resource expensive to implement in mobile devices due to high computing power needed. Thus, the development of blockchain in mobile applications is restricted. In this paper, we consider the edge computing as the network enabler for mobile blockchain. In particular, we study optimal pricing-based edge ...

Traditional classification methods assume that the training and the test data arise from the same underlying distribution. However in some adversarial settings, the test set can be deliberately constructed in order to increase the error rates of a classifier. A prominent example is email spam where words are transformed to avoid word-based features embedded in a spam filter. Recent research has...

Game theory is a useful tool for reasoning about interactions between agents and in turn aiding in the decisions of those agents. In fact, Stackelberg games are natural models for many important applications such as oligopolistic markets and security domains. Indeed, Stackelberg games are at the heart of three deployed systems, ARMOR; IRIS; and GUARDS, for aiding security officials in making cr...

Building upon previous security applications of computational game theory, this paper presents PROTECT, a gametheoretic system deployed by the United States Coast Guard (USCG) in the port of Boston for scheduling their patrols. USCG has termed the deployment of PROTECT in Boston a success, and efforts are underway to test it in the port of New York, with the potential for nationwide deployment....