Thomas A. Weber
Research
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BOOKS
1.
“Optimal Control Theory with Applications in Economics”
o
Moscow State University
Press, Moscow, 2009.
o
Expanded edition, MIT
Press, Cambridge, MA, 2011.
2.
“Applied Information
Economics”
o
Oxford University Press
(in preparation)
PAPERS
A. Completed
1.
“Minimum-Cost Ordering for Selective
Assembly”
o
IISE Transactions, Forthcoming.
o
[IISE: Institute of Industrial and Systems Engineers]
o
[Download Matlab Code]
2.
“Monopoly Pricing with Unknown Demand”
o
Scandinavian Journal of Economics, Forthcoming.
3.
“Optimal Depth of Discharge
for Electric Batteries with Robust Capacity-Shrinkage Estimator”
o
Proceedings
of the 2024 4th International Conference on
Smart Grid and Renewable Energy (SGRE), Doha,
Qatar, January 2024, pp. 1—5.
o
DOI: 10.1109/SGRE59715.2024.10428801
4.
“Does Sharing Lead to Smarter Products?
Managing Information Flows for Collective Servitization”
o
In: Lecture Notes in Networks and Systems 691, Springer,
New York, NY, pp. 585—593, 2023.
5.
“Estimation of Self-Exciting Point
Processes from Time-Censored Data”
o
(with P.J. Schneider) Physical
Review E, Vol. 108, No. 1 (July 2023), Article 015303, pp. 1—29.
6.
“Price
Discrimination with Robust Beliefs”
o
(with J. Han) European Journal of Operational
Research, Vol. 306, No. 2 (April 2023), pp. 795—809.
7.
“Relatively Robust Decisions”
o
Theory
and Decision, Vol. 94, No. 1 (January 2023), pp. 35—62.
8.
“Optimal Matching of Random Parts”
o
Journal
of Mathematical Economics, Vol. 101, August 2022, Art. 102688.
9.
“Quantifying
Endogeneity of Cryptocurrency Markets”
o
(with M. Mark, J. Šíla) European
Journal of Finance, Vol. 28, No. 7 (2022), pp. 284—799.
10.
“Optimal Recovery of Unsecured Debt via
Interpretable Machine Learning”
o
(with M. Mark, N. Chehrazi, H. Liu) Machine
Learning with Applications, Vol. 8, June 2022, Art. 100280.
11.
“Minimum-Error
Classes for Matching Parts”
o
Operations
Research Letters, Vol. 49, No. 1 (January 2021), pp. 106—112.
12.
“How to Market Smart Products: Design and Pricing
for Sharing Markets”
o
Journal of Management Information Systems, Vol. 37,
No. 3 (Winter 2020), pp. 631—667.
13.
“Robust
Identification of Controlled Hawkes Processes”
o
(with M. Mark) Physical Review E, Vol.
101, No. 4 (April 2020), Article 043305, pp. 1—16.
14.
“Dynamic
Credit-Collections Optimization”
o
(with N. Chehrazi, P. Glynn) Management
Science, Vol. 65, No. 6 (June 2019), pp. 2737—2769.
15.
“Quantifying Commitment in Nash
Equilibria”
o
International Game Theory Review, Vol. 21,
No. 2 (June 2019), Article 1940011, pp. 1—19.
16.
“The
Advent of the Sharing Culture and its Effect on Product Pricing”
o
(with M. Razeghian) Electronic
Commerce Research and Applications, Vol. 33, January—February 2019,
Article 100801, pp. 1—20.
17.
“Strategic
Durability with Sharing Markets”
o
(with M. Razeghian) Sustainable
Production and Consumption, Vol. 19, July 2019, pp. 79—96.
18.
“Dynamic Learning in
Markets: Pricing, Advertising, and Information Acquisition”
o
Proceedings
of the 52nd Annual Hawaii International Conference on System
Sciences (HICSS), January 2019, pp. 6628—6637.
19.
“Population-Level
Intervention and Information Collection in Dynamic Healthcare Policy”
o
(with L.E. Cipriano) Health Care Management Science,
Vol. 21, No. 4 (December 2018), pp. 604—631.
20.
“Optimal
Information Collection Policies in a Markov Decision Process Framework”
o
(with L.E. Cipriano, J. Goldhaber-Fiebert,
S. Liu) Medical Decision Making, Vol. 38, No. 7 (October 2018), pp.
797—809.
21.
“A
Linear-Quadratic Gaussian Approach to Dynamic Information Acquisition”
o
(with V.A. Nguyen) European
Journal of Operational Research, Vol. 270, No. 1 (October 2018), pp.
260—281.
22.
“The Dynamics of
Asset Sharing and Private Use”
o
Proceedings of the 51st Annual Hawaii
International Conference on System Sciences (HICSS), January
2018, pp. 5205—5211.
23.
“Optimal Switching
Between Cash-Flow Streams”
o
Mathematical Methods of Operations Research, Vol. 86,
No. 3 (December 2017), pp. 567—600.
24.
“Smart Products for
Sharing”
o
Journal of Management Information Systems, Vol. 34,
No. 2 (Fall 2017), pp. 341—368.
25.
“Understanding the Information-Based
Transformation of Strategy and Society”
o
(with E.K. Clemons, R.M. Dewan, R.J.
Kauffman) Journal of Management Information Systems, Vol. 34, No. 2
(Fall 2017), pp. 425—456.
26.
“Global Optimization
on an Interval”
o
Journal of Optimization Theory and
Applications, Vol. 182, No. 2 (February 2017), pp. 684—705.
27.
“Controlling and
Pricing Shareability”
o
Proceedings of the 50th Annual Hawaii
International Conference on System Sciences (HICSS), January
2017, pp. 5572—5581.
o
Nominated for
the Best Research Paper Award.
28.
“Optimal
Multiattribute Screening”
o
Ural Mathematical Journal, Vol. 2, No.
2 (December 2016), pp. 87—107. [Paper
dedicated to the memory of Academician Arkady Kryazhimskiy.]
29.
“Product Pricing in
a Peer-to-Peer Economy”
o
Journal of Management Information Systems, Vol. 33,
No. 2 (Fall 2016), pp. 573—596.
30.
“A Robust Resolution
of Newcomb’s Paradox”
o
Theory and Decision, Vol. 81,
No. 3 (September 2016), pp. 339—356.
31.
“Optimal Retail in a
Sharing Economy”
o
Proceedings of the 49th Annual Hawaii
International Conference on System Sciences (HICSS), IEEE
Computer Society, Washington, DC, January 2016, pp. 5230—5238.
32.
“Dynamic
Valuation of Delinquent Credit-Card Accounts”
o
(with Naveed Chehrazi) Management
Science, Vol. 61, No. 12 (December 2015), pp. 3077—3096.
33.
“The Question of
Ownership in a Sharing Economy”
o
Proceedings of the 48th Annual Hawaii
International Conference on System Sciences (HICSS), IEEE
Computer Society, Washington, DC, January 2015, pp. 4874—4883.
34.
“Intermediation in a Sharing Economy:
Insurance, Moral Hazard, and Rent Extraction”
o
Journal of Management Information Systems, Vol. 31,
No. 3 (Winter 2014), pp. 35—71.
35.
“Collaborative
Housing and the Intermediation of Moral Hazard”
o
Proceedings of the 47th Annual Hawaii
International Conference on System Sciences (HICSS), IEEE
Computer Society, Washington, DC, January 2014, pp. 4133—4141.
o
Nominated for
the Best Research Paper Award.
36.
“A Continuum of Commitment”
o
Economics Letters, Vol. 124,
No. 1 (April 2014), pp. 67—73.
37.
“On the (Non-)Equivalence of IRR and NPV”
o
Journal of Mathematical Economics, Vol. 52,
March 2014, pp. 25—39.
38.
“Price Theory in Economics”
o
In: Özer, Ö.,
Phillips, R. (Eds.) Oxford Handbook of
Pricing Management, Oxford University
Press, 2012, pp. 281—339.
39.
“An Augmented Becker-DeGroot-Marschak-Mechanism for Transaction Cycles”
o
Economics Letters, Vol. 114,
No. 1 (January 2012), pp. 43—46.
40.
“Carbon Markets and Technological Innovation”
o
(with Karsten Neuhoff) Journal
of Environmental Economics and Management, Vol. 60, No. 2 (September
2010), pp. 115—132.
41.
“Monotone
Approximation of Decision Problems”
o
(with Naveed Chehrazi) Operations Research, Vol. 58, No.
4-2 (July-August 2010), pp. 1158—1177.
42.
“Hicksian
Welfare Measures and the Normative Endowment Effect”
o
American Economic Journal: Microeconomics,
Vol. 2, No. 4 (November 2010), pp. 171—194.
43.
“Simple Methods for
Evaluating and Comparing Binary Experiments”
o
Theory and Decision, Vol. 69,
No. 2 (August 2010), pp. 257—288.
44.
“Generalized
Monotonicity Analysis”
o
(with Bruno Strulovici) Economic
Theory, Vol. 43, No. 3 (June 2010), pp. 377—406.
45.
“Additive
Envelopes of Continuous Functions”
o
(with Bruno Strulovici) Operations
Research Letters, Vol. 38, No. 3
(May 2010), pp. 165—168.
46.
“Option
Contracting in the California Water Market”
o
(with Claire Tomkins) Journal of Regulatory Economics, Vol. 37, No. 2 (April 2010), pp. 107—141.
47.
“Special
Section: Competitive Strategy, Economics, and Information Systems”
o
(with Eric Clemons, Robert Kauffman) Journal of Management Information Systems, Vol. 26, No. 2 (February 2009), pp. 7—13.
48.
“Fair Welfare Maximization”
o
(with Ashish Goel, Adam Meyerson) Economic
Theory, Vol. 41, No. 3
(December 2009), pp. 465—494.
o
(with David Freyberg, James Sweeney,
Barton Thompson, Claire Tomkins) Policy
Brief, Woods Institute for the
Environment, Stanford University, October 2008.
50.
“Managing Water Supply Uncertainty: Option
Contracts and Short-Term Water Transfers in California”
o
(with David Freyberg, James Sweeney,
Barton Thompson, Claire Tomkins) Policy
Brief, Woods Institute for the
Environment, Stanford University, September 2008.
51.
“Monotone Comparative Statics: Geometric
Approach”
o
(with Bruno Strulovici)
Journal of Optimization Theory
and Applications, Vol.
137, No. 3 (June 2008), pp. 641—673.
52.
“Bayesian Incentive
Compatible Parametrization of Mechanisms”
o
(with Abhishek Bapna)
Journal of Mathematical Economics, Vol. 44, No. 3-4 (February
2008), pp. 394—403.
53.
“Delayed Multiattribute Product Differentiation”
o
Decision Support Systems,
Vol. 44, No. 2 (January 2008), pp. 447—468.
54.
“A Model of Search Intermediaries and
Paid Referrals”
o
(with Zhiqiang
(Eric) Zheng) Information Systems
Research, Vol. 18, No. 4
(December 2007), pp. 414—436.
o
[Original
version: Working Paper 02-12-01, Department of Operations and Information
Management, The Wharton School of the University of Pennsylvania. Presented at
the Workshop on Information Systems and Economics, Barcelona, Spain
(December 14-15, 2002).]
55. “Efficient Contract Design in
Multi-Principal Multi-Agent Supply Chains”
o (with
Hongxia Xiong) Proceedings of the 18th Annual
Conference of the Production and Operations Management Society (POMS), Dallas, TX, May 2007.
56. “An Infinite-Horizon
Maximum Principle with Bounds on the Adjoint Variable”
o Journal of Economic Dynamics and Control,
Vol. 30, No. 2 (February 2006), pp. 229—241.
57. “Infinite-Horizon
Optimal Advertising in a Market for Durable Goods”
o Optimal
Control Applications and Methods, Vol. 26, No. 6 (November-December
2005), pp. 307—336.
58. “Selling Less Information for More:
Garbling with Benefits”
o (with David Croson) Economics Letters, Vol. 83, No. 2 (May 2004), pp. 165—171.
59. “An Exact
Relation Between Willingness To Pay and Willingness To Accept”
o Economics
Letters, Vol. 80, No. 3
(September 2003), pp. 311—315.
60. “The
Value of Shared Information Services”
o Proceedings of the 23rd International Conference on
Information Systems, Barcelona,
Spain, December 2002, pp. 209—224.
61. “Mixed
Versioning of Information Goods under Incomplete Information”
o Proceedings of the 22nd International Conference on
Information Systems, New
Orleans, LA, December 2001, pp. 81—83.
o Nominated for the Best Completed Research Paper
Award.
62. “Information
Technology Planning Framework for Large-Scale Civil Infrastructure Projects”
o (with Feniosky
Peña-Mora, Sanjeev Vadhavkar,
Eric Perkins) Journal of Computing in
Civil Engineering, Vol. 13, No. 4 (October 1999), pp. 226—237.
B. Working Papers
1.
“To Share or Not to Share: Adjustment Dynamics
in Sharing Markets”
o
(with Maryam Razeghian) Under Review.
2.
“Population Sampling in Dynamic Health Care
Policy”
o
(with Lauren Cipriano) R&R. Finalist, 2014 POMS College of Healthcare Operations Management
Best Paper Competition.
3.
“Efficient
Dynamic Allocation with Uncertain Valuations”
o
(with Abhishek Bapna) R&R, Games
and Economic Behavior.
4.
“Constructing
Efficient Equilibria in Games Played Through Agents”
o
(with Bruno Strulovici) Under Review.
5.
“Value of Information and
Speculative Co-Investment”
o
Under Review.
THESES
63. “The
Endogenous Value of Information”
o
Doctoral Thesis, Wharton School,
University of Pennsylvania, April 2003. [Advisor: Prof. Paul R. Kleindorfer]
64. “Constrained
Predictive Control for Corporate Policy”
o
Master’s Thesis, MIT, September 1997
[Advisor: Prof. Alexandre Megretski]
65. “New Model Predictive Control Techniques for Stabilizing Systems
under Constraints”
o
Diploma Thesis, Imperial College London,
June 1995 [Advisor: Prof. Richard B. Vinter]
1) Bruno Strulovici: “Essays in
Mathematical Economics and Finance” (2005)
o
Position: Assistant
Professor, Department of Economics, Northwestern
University
2) Abhishek Bapna: “Essays in
Mechanism Design” (2006)
o
Position: Google
3) Hongxia Xiong: “Coordination and
Inventory Management in Supply Chains” (2007)
o Position: DemandTec
4) Claire Tomkins: “Allocation and
Pricing of Water Resources” (2008)
o
Position: Partner, Ackrell Capital (formerly: Director of Research, Carbon
War Room)
5)
Naveed
Chehrazi: “Identification and Optimization of Stochastic Systems” (2013)
o Position: Assistant Professor of
Operations Management, McCombs School of Business,
Austin, TX.
6)
Lauren
Cipriano (co-advised by M. Brandeau):
“Optimal Information Collection in
Dynamic Health Policy” (2013)
o Position: Assistant Professor of
Management Science, Ivey Business School,
Canada.
7)
Maryam
Razeghian: “The Economics of Sharing Markets” (2017, expected)