An exact pricing algorithm for revenue maximization under the logit demand function

Joint admission and power control for quality-of-service in the wireless downlink

We examine the capacity of artificial biomolecular networks to respond to perturbations with structurally signed steady-state changes. We consider network architectures designed to balance their output production as a function of downstream demand: the species producing the output, called a source, up- or down-regulates its production rate as a function of the demand. Using an exact algorithm we show that, in certain negative feedback architectures, changes in the total source concentration cause structurally signed variations of the steady-state output concentration, regardless of reaction rate parameters. Conversely, positive feedback schemes can exhibit the same signed behaviour for reasonable (but not for arbitrary) values of the parameters. Numerical simulations demonstrate how the steady-state concentrations of different network architectures vary, responding to perturbations in total source amounts, consistently with our structural previsions.

Understanding of genotype-phenotype associations is important not only for furthering our knowledge on internal cellular processes, but also essential for providing the foundation necessary for genetic engineering of microorganisms for industrial use (e.g., production of bioenergy or biofuels). However, genotype-phenotype associations alone do not provide enough information to alter an organism's genome to either suppress or exhibit a phenotype. It is important to look at the phenotype-related genes in the context of the genome-scale network to understand how the genes interact with other genes in the organism. Identification of metabolic subsystems involved in the expression of the phenotype is one way of placing the phenotype-related genes in the context of the entire network. A metabolic system refers to a metabolic network subgraph; nodes are compounds and edges labels are the enzymes that catalyze the reaction. The metabolic subsystem could be part of a single metabolic pathway or span parts of multiple pathways. Arguably, comparative genome-scale metabolic network analysis is a promising strategy to identify these phenotype-related metabolic subsystems. Network Instance-Based Biased Subgraph Search (NIBBS) is a graph-theoretic method for genome-scale metabolic network comparative analysis that can identify metabolic systems that are statistically biased toward phenotype-expressing organismal networks. We set up experiments with target phenotypes like hydrogen production, TCA expression, and acid-tolerance. We show via extensive literature search that some of the resulting metabolic subsystems are indeed phenotype-related and formulate hypotheses for other systems in terms of their role in phenotype expression. NIBBS is also orders of magnitude faster than MULE, one of the most efficient maximal frequent subgraph mining algorithms that could be adjusted for this problem. Also, the set of phenotype-biased metabolic systems output by NIBBS comes very close to the set of phenotype-biased subgraphs output by an exact maximally-biased subgraph enumeration algorithm ( MBS-Enum ). The code (NIBBS and the module to visualize the identified subsystems) is available at http://freescience.org/cs/NIBBS.

We study approximation algorithms for revenue maximization based on static item pricing, where a seller chooses prices for various goods in the market, and then the buyers purchase utility-maximizing bundles at these given prices. We formulate two somewhat general techniques for designing good pricing algorithms for this setting: Price Doubling and Item Halving. Using these techniques, we unify many of the existing results in the item pricing literature under a common framework, as well as provide several new bicriteria algorithms for approximating both revenue and social welfare simultaneously. The main technical contribution of this paper is a O((log m + log k)2)-approximation algorithm for revenue maximization based on the item halving technique, for settings where buyers have XoS valuations, where m is the number of goods and k is the average supply. Surprisingly, ours is the first known item pricing algorithm with polylogarithmic approximation for such general classes of valuations, and partially resolves an important open question from the algorithmic pricing literature about the existence of item pricing algorithms with logarithmic factors for general valuations

Computational complexity has already had plenty to say about the computation of economic equilibria. However, understanding when equilibria are guaranteed to exist is a central theme in economic theory, seemingly unrelated to computation. In this talk we survey our main results presented at EC'15, which show that the existence of equilibria in markets is inextricably connected to the computational complexity of related optimization problems, such as revenue or welfare maximization. We demonstrate how this relationship implies, under suitable complexity assumptions, a host of impossibility results. We also suggest a complexity-theoretic explanation for the lack of useful extensions of the Walrasian equilibrium concept: such extensions seem to require the invention of novel polynomial-time algorithms for welfare maximization.

Recent years have witnessed the rise of many successful e-commerce marketplace platforms like the Amazon marketplace, AirBnB, Uber/Lyft, and Upwork, where a central platform mediates economic transactions between buyers and sellers. A common feature of many of these two-sided marketplaces is that the platform has full control over search and discovery, but prices are determined by the buyers and sellers. We summarize our results from [Banerjee et al. 2017] where, motivated by this application domain, we study the algorithmic aspects of market segmentation via directed discovery in two-sided markets with endogenous prices. We consider a model where an online platform knows each buyer/seller's characteristics, and associated demand/supply elasticities. Moreover, the platform can use discovery mechanisms (search, recommendation, etc.) to control which buyers/sellers are visible to each other. We develop efficient algorithms for throughput (i.e. volume of trade) and welfare maximization with provable guarantees under a variety of assumptions on the demand and supply functions.

Recent years have witnessed the rise of many successful e-commerce marketplace platforms like the Amazon marketplace, AirBnB, Uber/Lyft, and Upwork, where a central platform mediates economic transactions between buyers and sellers. A common feature of many of these two-sided marketplaces is that the platform has full control over search and discovery, but prices are determined by the buyers and sellers. Motivated by this, we study the algorithmic aspects of market segmentation via directed discovery in two-sided markets with endogenous prices. We consider a model where an online platform knows each buyer/seller's characteristics, and associated demand/supply elasticities. Moreover, the platform can use discovery mechanisms (search, recommendation, etc.) to control which buyers/sellers are visible to each other. We develop efficient algorithms for throughput (i.e. volume of trade) and welfare maximization with provable guarantees under a variety of assumptions on the demand and supply functions. We also test the validity of our assumptions on demand curves inferred from NYC taxicab log-data, as well as show the performance of our algorithms on synthetic experiments.

This paper presents an exact algorithm for the identical parallel machine scheduling problem over a formulation where each variable is indexed by a pair of jobs and a completion time. We show that such a formulation can be handled, in spite of its huge number of variables, through a branch cut and price algorithm enhanced by a number of practical techniques, including a dynamic programming procedure to fix variables by Lagrangean bounds and dual stabilization. The resulting method permits the solution of many instances of the P||∑w j T j problem with up to 100 jobs, and having 2 or 4 machines. This is the first time that medium-sized instances of the P||∑w j T j have been solved to optimality.

Arc-flow formulation and branch-and-price-and-cut algorithm for the bin-packing problem with fragile objects

In transportation of goods in large container ships, shipping industries need to minimize the time spent at ports to load/unload containers. An optimal stowage of containers on board minimizes unnecessary unloading/reloading movements, while satisfying many operational constraints. We address the basic container stowage planning problem (CSPP). Different heuristics and formulations have been proposed for the CSPP, but finding an optimal stowage plan remains an open problem even for small-sized instances. We introduce a novel formulation that decomposes CSPPs into two sets of decision variables: the first defining how single container stacks evolve over time and the second modeling port-dependent constraints. Its linear relaxation is solved through stabilized column generation and with different heuristic and exact pricing algorithms. The lower bound achieved is then used to find an optimal stowage plan by solving a mixed-integer programming model. The proposed solution method outperforms the methods from the literature and can solve to optimality instances with up to 10 ports and 5,000 containers in a few minutes of computing time. The online appendix is available at https://doi.org/10.1287/trsc.2017.0795 .

The vehicle routing problem with two-dimensional loading constraints (2L-CVRP) is a practical variant of the classic capacitated vehicle routing problem. A number of algorithms have been developed for the problem, but it is very difficult for the existing exact methods to optimally solve instances featuring with large rectangular items. To address this issue, a branch-and-price-and-cut (BPC) algorithm is proposed in this study. A novel data structure and a new dominance rule are developed to build an exact pricing algorithm that takes the loading constraints into account. Several valid inequalities are used to strengthen the linear relaxation. Extensive computational experiments were conducted on the benchmark instances of the 2L-CVRP, showing that the BPC algorithm outperforms all the existing exact methods for the problem in terms of the solution quality. Fourteen instances are solved to optimality for the first time. In particular, the size of solvable instances with large items is nearly doubled. Moreover, managerial insights about the impact of respecting the last-in-first-out constraint are also obtained.

This paper presents adaptive algorithm for updating the weights of a WFQ scheduler. The algorithm provides maximum revenue for the network operator, while the QoS requirements for the connections in different service classes are satisfied. The operation of the algorithm is verified in ns-2 simulator environment. The simulations show that the algorithm works well with TCP traffic and provides appropriate service for all service classes.

Distributed dynamic pricing of multiple perishable products using multi-agent reinforcement learning

Channel coordination under fairness concerns and nonlinear demand

A lexicographic pricer for the fractional bin packing problem