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.    “The Dynamics of Asset Sharing and Private Use”

o    Proceedings of the 51st Annual Hawaii International Conference on System Sciences (HICSS), January 2018, forthcoming.

 

2.    “Population-Level Intervention and Information Collection in Dynamic Healthcare Policy”

o    (with L.E. Cipriano) Health Care Management Science, in press.

 

3.    “Optimal Switching Between Cash-Flow Streams”

o    Mathematical Methods of Operations Research, in press.

 

4.    “Smart Products for Sharing”

o    Journal of Management Information Systems, Vol. 34, No. 2, Fall 2017, pp. 341—368.

 

5.    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.

 

6.    “Global Optimization on an Interval”

o    Journal of Optimization Theory and Applications, February 2017, Vol. 182, No. 2, pp. 684—705.

 

7.     “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.

 

8.    “Optimal Multiattribute Screening”

o    Ural Mathematical Journal, December 2016, Vol. 2, No. 2, pp. 87—107. [Paper dedicated to the memory of Academician Arkady Kryazhimskiy.]

 

9.    “Product Pricing in a Peer-to-Peer Economy”

o    Journal of Management Information Systems, October 2016 (online), Vol. 33, No. 2, pp. 573—596.

 

10. “A Robust Resolution of Newcomb’s Paradox”

o    Theory and Decision, September 2016, Vol. 81, No. 3, pp. 339—356.

 

11.  “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.

 

12. Dynamic Valuation of Delinquent Credit-Card Accounts

o   (with Naveed Chehrazi) Management Science, December 2015, Vol. 61, No. 12, pp. 3077—3096.  

 

13. “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. 

 

14. Intermediation in a Sharing Economy: Insurance, Moral Hazard, and Rent Extraction

o    Journal of Management Information Systems, Winter 2014, Vol. 31, No. 3, pp. 35—71. 

 

15. “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.

 

16. A Continuum of Commitment

o    Economics Letters, Vol. 124, No. 1, April 2014, pp. 67—73. 

 

17. On the (Non-)Equivalence of IRR and NPV

o    Journal of Mathematical Economics, Vol. 52, March 2014, pp. 25—39. 

 

18. “Price Theory in Economics”

o   In: Özer, Ö., Phillips, R. (Eds.) Oxford Handbook of Pricing Management, Oxford University Press, 2012, pp. 281—339.

 

19. An Augmented Becker-DeGroot-Marschak-Mechanism for Transaction Cycles

o    Economics Letters, Vol. 114, No. 1, January 2012, pp. 43—46.

 

20. Carbon Markets and Technological Innovation

o   (with Karsten Neuhoff) Journal of Environmental Economics and Management, Vol. 60, No. 2, September 2010, pp. 115—132.

 

21. “Monotone Approximation of Decision Problems”

o   (with Naveed Chehrazi) Operations Research, Vol. 58, No. 4, Part 2 of 2, July-August 2010, pp. 1158—1177.

 

22. Hicksian Welfare Measures and the Normative Endowment Effect”

o    American Economic Journal: Microeconomics, Vol. 2, No. 4, November 2010, pp. 171—194.

 

23. “Simple Methods for Evaluating and Comparing Binary Experiments”

o    Theory and Decision, Vol. 69, No. 2, August 2010, pp. 257—288.

 

24. Generalized Monotonicity Analysis

o   (with Bruno Strulovici) Economic Theory, Vol. 43, No. 3, June 2010, pp. 377—406.

 

25. “Additive Envelopes of Continuous Functions”

o   (with Bruno Strulovici) Operations Research Letters, Vol. 38, No. 3, May 2010, pp. 165—168.

 

26. “Option Contracting in the California Water Market”

o   (with Claire Tomkins) Journal of Regulatory Economics, Vol. 37, No. 2, April 2010, pp. 107—141.

 

27. “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.

 

28. Fair Welfare Maximization

o   (with Ashish Goel, Adam Meyerson) Economic Theory, Vol. 41, No. 3, December 2009, pp. 465—494.

 

29. Option Contracts in Practice: A Look at Contractual and Institutional Design for California Water Transfers

o   (with David Freyberg, James Sweeney, Barton Thompson, Claire Tomkins) Policy Brief, Woods Institute for the Environment, Stanford University, October 2008.

 

30. 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.

 

31.  Monotone Comparative Statics: Geometric Approach”

o   (with Bruno Strulovici) Journal of Optimization Theory and Applications, Vol. 137, No. 3, June 2008, pp. 641—673.

 

32. “Bayesian Incentive Compatible Parametrization of Mechanisms”

o   (with Abhishek Bapna) Journal of Mathematical Economics, Vol. 44, No. 3-4, February 2008, pp. 394—403.

 

33. “Delayed Multiattribute Product Differentiation”

o    Decision Support Systems, Vol. 44, No. 2, January 2008, pp. 447—468.

 

34. “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).]

 

35. “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.

 

36. 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.

 

37. 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.

 

38. “Selling Less Information for More: Garbling with Benefits”

o   (with David Croson) Economics Letters, Vol. 83, No. 2, May 2004, pp. 165—171.

 

39. An Exact Relation Between Willingness To Pay and Willingness To Accept

o    Economics Letters, Vol. 80, No. 3, September 2003, pp. 311—315.

 

40. “The Value of Shared Information Services”

o   Proceedings of the 23rd International Conference on Information Systems, Barcelona, Spain, December 2002, pp. 209—224.

 

41. “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.

 

42. “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.    “Optimal Information Collection Policies in a Markov Decision Process Framework”

o   (with Lauren Cipriano, Shan Liu, Jeremy Goldhaber-Fiebert) Under Review.

 

4.    “Efficient Dynamic Allocation with Uncertain Valuations”

o   (with Abhishek Bapna) R&R, Games and Economic Behavior.

 

5.    “Constructing Efficient Equilibria in Games Played Through Agents

o   (with Bruno Strulovici) Under Review.

 

6.    “Value of Information and Speculative Co-Investment”

o   Under Review.

 

 

 

         THESES

43. “The Endogenous Value of Information”

o   Doctoral Thesis, Wharton School, University of Pennsylvania, April 2003. [Advisor: Prof. Paul R. Kleindorfer]

 

44. “Constrained Predictive Control for Corporate Policy”

o   Master’s Thesis, MIT, September 1997 [Advisor: Prof. Alexandre Megretski]

 

45. “New Model Predictive Control Techniques for Stabilizing Systems under Constraints”

o   Diploma Thesis, Imperial College London, June 1995 [Advisor: Prof. Richard B. Vinter]

 

 

 

 

         DOCTORAL STUDENTS

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)