7 November 2024 in Games and Economic Behavior
10 May 2021 in Discrete Dynamics in Nature and Society
Public health emergencies are more related to the safety and health of the public. For the management of the public health emergencies, all parties’ cooperation is the key to preventing and controlling the emergencies. Based on the assumption of bounded rationality, we formulate a tripartite evolutionary game model, involving the local government, the enterprises, and the public, for the public health emergency, e.g., COVID-19. The evolutionary stable strategies under different conditions of the tripartite evolutionary game are explored, and the effect from different factors on the decision-makings of participants for public health emergencies is also analyzed. Numerical analysis results show that formulating reasonable subsidy measures, encouraging the participation of the public, and enforcing the punishment to enterprises for their negative behaviors can prompt three parties to cooperate in fighting against the epidemic. Our work enriches an understanding of the governance for the public health emergency and provides theoretical support for the local government and related participants to make proper decisions in public health emergencies.
1 August 2023 in Mathematics of Operations Research
We consider a sharing economy over a network in which each vertex agent allocates resources to its neighbors in response to their contributions. General equilibrium theory can be applied here to solve the problem of deciding how to fairly and efficiently allocate resources among agents as resource sharing over the network can be modeled as a pure exchange economy. It is known that proportional sharing dynamics converges to a market equilibrium solution. We are particularly interested in proportional sharing dynamics as a mechanism for network resource sharing. Our focus is on the key issue in internet market design: whether an agent may manipulate its report of its own private information to gain more resources under this mechanism. This work establishes the first mathematical proof that such a practical distributed network resource-sharing protocol is truthful against the manipulative strategies of feasible weight misreporting and edge deletion applied both individually and together. Funding: This work was supported by the National Nature Science Foundation of China [Grants 11871366, 62172012]; Beijing Outstanding Young Scientist Program [Grant BJJWZYJH012019100020098]; the Fundamental Research Funds for the Central Universities; the Research Funds of Renmin University of China [Grant 297522503709]; and the Intelligent Social Governance Platform, Major Innovation & Planning Interdisciplinary Platform for the “Double-First Class” Initiative, Renmin University of China.
23 November 2021 in IEEE Transactions on Computers
Blockchain protocols require nodes to verify all received transactions before forwarding them. However, massive spam transactions cause the participants in blockchain systems to consume many resources in verifying and propagating transactions. This paper proposes a reputation-based mechanism to increase the efficiency of processing transactions by considering the reputations of the sending nodes. Reputations are in turn adjusted based on the quality of transaction processing. Our proposed reputation-based mechanism offers three main contributions. First, we modify the verification strategy so that nodes set a probability of verifying a received transaction considering the likelihood of it being spam: transactions from a node with a low reputation have a high probability of being verified. Second, we optimize the transaction forwarding protocol to reduce propagation delay by prioritizing forwarding transactions to reputable receivers. Third, we design a data request protocol that provides alternative data exchange methods for nodes with different reputations. A series of simulations demonstrate the performance of our reputation-based mechanism.