We consider a Cournot oligopoly model where multiple suppliers (oligopolists)
compete by choosing quantities. We compare the social welfare achieved at a
Cournot equilibrium to the maximum possible, for the case where the inverse
market demand function is convex.
We investigate the asymptotic behavior of the steady-state queue length
distribution under generalized max-weight scheduling in the presence of
heavy-tailed traffic. We consider a system consisting of two parallel queues,
served by a single server. One of the queues receives heavy-tailed traffic, and
the other receives light-tailed traffic. We study the class of throughput
optimal max-weight-alpha scheduling policies, and derive an exact asymptotic
characterization of the steady-state queue length distributions.
We propose a model for deterministic distributed function computation by a
network of identical and anonymous nodes. In this model, each node has bounded
computation and storage capabilities that do not grow with the network size.
Furthermore, each node only knows its neighbors, not the entire graph. Our goal
is to characterize the class of functions that can be computed within this
model. In our main result, we provide a necessary condition for computability
which we show to be nearly sufficient, in the sense that every function that
violates this condition can at least be approximated.
We consider a switched network, a fairly general constrained queueing network
model that has been used successfully to model the detailed packet-level
dynamics in communication networks, such as input-queued switches and wireless
networks. The main operational issue in this model is that of deciding which
queues to serve, subject to certain constraints. In this paper, we study
qualitative performance properties of the well known $\alpha$-weighted
scheduling policies. The stability, in the sense of positive recurrence, of
these policies has been well understood.
We consider bandit problems involving a large (possibly infinite) collection
of arms, in which the expected reward of each arm is a linear function of an
$r$-dimensional random vector $\mathbf{Z} \in \mathbb{R}^r$, where $r \geq 2$.
The objective is to minimize the cumulative regret and Bayes risk.