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12/14/2022
Optimality Despite Chaos in Fee Markets
Transaction fee markets are essential components of blockchain economies...
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10/10/2021
Transaction Fees on a Honeymoon: Ethereum's EIP-1559 One Month Later
Ethereum Improvement Proposal (EIP) 1559 was recently implemented to tra...
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06/24/2021
Exploration-Exploitation in Multi-Agent Competition: Convergence with Bounded Rationality
The interplay between exploration and exploitation in competitive multi-...
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06/23/2021
From Griefing to Stability in Blockchain Mining Economies
We study a game-theoretic model of blockchain mining economies and show ...
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06/03/2021
Global Convergence of Multi-Agent Policy Gradient in Markov Potential Games
Potential games are arguably one of the most important and widely studie...
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03/15/2021
Learning in Markets: Greed Leads to Chaos but Following the Price is Right
We study learning dynamics in distributed production economies such as b...
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02/21/2021
Dynamical Analysis of the EIP-1559 Ethereum Fee Market
Participation in permissionless blockchains results in competition over ...
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12/05/2020
Exploration-Exploitation in Multi-Agent Learning: Catastrophe Theory Meets Game Theory
Exploration-exploitation is a powerful and practical tool in multi-agent...
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11/07/2020
Exploring the Predictability of Cryptocurrencies via Bayesian Hidden Markov Models
In this paper, we consider a variety of multi-state Hidden Markov models...
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07/25/2020
Catastrophe by Design in Population Games: Destabilizing Wasteful Locked-in Technologies
In multi-agent environments in which coordination is desirable, the hist...
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06/15/2019
PREStO: A Systematic Framework for Blockchain Consensus Protocols
The rapid evolution of the blockchain community has brought together sta...
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04/04/2019
Oceanic Games: Centralization Risks and Incentives in Blockchain Mining
To participate in the distributed consensus of permissionless blockchain...
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03/11/2019
Weighted Voting on the Blockchain: Improving Consensus in Proof of Stake Protocols
Proof of Stake (PoS) protocols rely on voting mechanisms to reach consen...
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03/11/2019
Incentives in Ethereum's Hybrid Casper Protocol
We present an overview of hybrid Casper the Friendly Finality Gadget (FF...
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08/11/2018
Measuring Market Performance with Stochastic Demand: Price of Anarchy and Price of Uncertainty
Globally operating suppliers face the rising challenge of wholesale pric...
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03/09/2018
Upstream Demand Uncertainty in a Two-Echelon Supply Chain: Comparative Statics via Stochastic Orderings
We revisit the classic Cournot model and extend it to a two-echelon supp...
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03/09/2018
The Greek Parliament of 2012: Coalitions, Incentives & Power Indices in Context
In this retrospective study, we revisit the twin Greek Parliamentary ele...
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03/09/2018
The Greek Parliament of 2012: Coalition Formations & Power Indices in Context
The twin elections of 2012 in Greece had a manifest impact on the politi...
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09/27/2017