DocumentCode
2573684
Title
Control of preferences in social networks
Author
Chasparis, Georgios C. ; Shamma, Jeff S.
Author_Institution
Sch. of Electr. & Comput. Eng., Georgia Inst. of Technol., Atlanta, GA, USA
fYear
2010
fDate
15-17 Dec. 2010
Firstpage
6651
Lastpage
6656
Abstract
We consider the problem of deriving optimal advertising policies for the spread of innovations in a social network. We seek to compute policies that account for i) endogenous network influences, ii) the presence of competitive firms, that also wish to influence the network, and iii) possible uncertainties in the network model. Contrary to prior work in optimal advertising, which also accounts for network influences, we assume a dynamic model of preferences and we compute optimal policies for either finite or infinite horizons. We also compute robust optimal policies in the case where the evolution of preferences is also affected by external disturbances. Finally, in the presence of a competitive firm, we compute optimal Stackelberg and Nash solutions.
Keywords
advertising; competitive intelligence; infinite horizon; innovation management; optimal control; robust control; social networking (online); Nash solution; competitive firm; endogenous network influence; infinite horizon; innovation; network model; optimal Stackelberg solution; optimal advertising policy; preference control; robust optimal policy; social network; Advertising; Computational modeling; Monopoly; Optimal control; Optimization; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Decision and Control (CDC), 2010 49th IEEE Conference on
Conference_Location
Atlanta, GA
ISSN
0743-1546
Print_ISBN
978-1-4244-7745-6
Type
conf
DOI
10.1109/CDC.2010.5717491
Filename
5717491
Link To Document