We investigate a two-station queueing system where strategic customers must be sequentially serviced at both stations. We prove that an established property - that the distribution of the total time spent in a two-station system is independent of the chosen route when services times are...

We develop a sequentially variant Blotto game with one-sided and incomplete information to investigate strategic interactions between a defender and an attacker whose target site values are unknown. The defender first allocates defensive resources before the attacker decides a probability...

This paper studies the pricing of discrete arithmetic Asian options (AAOs) with fixed strikes under the Hull-White interest rate model. For the pricing of AAOs, we first investigate the stochastic dynamics of the price of the underlying asset under the T-forward measure, and then study the...

This paper studies an informed mechanism designer problem in which the principal’s private information is a number of agents. We define mechanical equivalence such that it holds if each agent’s and the principal’s perspectives are consistent in the sense that a conversion problem for a...