Thomas Weber
EPFL CDM MTEI OES
ODY 3 01 (Odyssea)
Station 5
1015 Lausanne
+41 21 693 01 41
+41 21 693 00 39
Office:
ODY 3 01
EPFL
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CDM
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MTEI
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OES
Web site: Web site: https://www.epfl.ch/labs/oes/
+41 21 693 01 41
EPFL
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CDM
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CDM-MTE
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MTE-ENS
EPFL AVP-DLE-EDOC EDMT-GE
ODY 1 17 (Odyssea)
Station 5
1015 Lausanne
+41 21 693 01 41
+41 21 693 01 39
Office:
ODY 3 01
EPFL
>
VPA-AVP-DLE
>
AVP-DLE-EDOC
>
EDMT-GE
Web site: Web site: https://go.epfl.ch/phd-edmt
EPFL AVP-DLE CDOCT
CE 1 631 (Centre Est)
Station 1
1015 Lausanne
+41 21 693 01 41
EPFL
>
CDM
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CDM-DIR
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CDM-CEA
Fields of expertise
- Credit collections - Decision making under risk - Economics (behavioral, environmental, theory) - Engineering economy - Investment criteria - Nonlinear systems - Optimal control - Risk - Sharing economy
Publications
Infoscience publications
Main publications
2025
Relatively Robust Economic Order Quantity with Optimal Laplacian Confidence Intervals
2025. The 8th International Research Conference on Smart Computing and Systems Engineering, Colombo, Sri Lanka, 2025-04-03. DOI : 10.1109/SCSE65633.2025.11030973.Crypto market betas: the limits of predictability and hedging
Financial Innovation. 2025. DOI : 10.1186/s40854-025-00777-w.Minimum-Cost Ordering for Selective Assembly
IISE Transactions. 2025. DOI : 10.1080/24725854.2024.2347918.Robust Optimization for Product Line Design
Lausanne, EPFL, 2025. p. 181. DOI : 10.5075/epfl-thesis-10974.Monopoly Pricing with Unknown Demand
Scandinavian Journal of Economics. 2025. DOI : 10.1111/sjoe.12564.2024
Optimal Depth of Discharge for Electric Batteries with Robust Capacity-Shrinkage Estimator
2024. 2024 4th International Conference on Smart Grid and Renewable Energy (SGRE), Doha, Qatar, January 8-10, 2024. DOI : 10.1109/SGRE59715.2024.10428801.2023
Price Discrimination with Robust Beliefs
European Journal of Operational Research. 2023. DOI : 10.1016/j.ejor.2022.08.022.Estimation of Self-Exciting Point Processes from Time-Censored Data
Physical Review E. 2023. DOI : 10.1103/PhysRevE.108.015303.Does Sharing Lead to Smarter Products? Managing Information Flows for Collective Servitization
2023. International Conference on Information Technology & Systems (ICITS'23), Cusco, Peru, April 24-26, 2023. p. 585 - 593. DOI : 10.1007/978-3-031-33258-6_53.Relatively Robust Decisions
Theory And Decision. 2023. DOI : 10.1007/s11238-022-09866-z.2022
Optimal Matching of Random Parts
Journal of Mathematical Economics. 2022. DOI : 10.1016/j.jmateco.2022.102688.Special Section: Reevaluating Markets for Information
Journal Of Management Information Systems. 2022. DOI : 10.1080/07421222.2022.2096552.Optimal recovery of unsecured debt via interpretable reinforcement learning
Machine Learning with Applications. 2022. DOI : 10.1016/j.mlwa.2022.100280.Self-Exciting Point Processes: Identification and Control
Lausanne, EPFL, 2022. p. 123. DOI : 10.5075/epfl-thesis-10991.Quantifying Endogeneity of Cryptocurrency Markets
European Journal of Finance. 2022. DOI : 10.1080/1351847X.2020.1791925.2021
Special Section: Improving New Digital Market Mechanisms
Journal Of Management Information Systems. 2021. DOI : 10.1080/07421222.2021.1958541.Minimum-Error Classes for Matching Parts
Operations Research Letters. 2021. DOI : 10.1016/j.orl.2020.12.003.2020
Robust Identification of Controlled Hawkes Processes
Physical Review E. 2020. DOI : 10.1103/PhysRevE.101.043305.Nonlinear Pricing of Shareable Products
2020. 53rd Hawaii International Conference on System Sciences, Maui, Hawaii, January 7-10, 2020. DOI : 10.24251/HICSS.2020.737.Planning Supply with 'Opportunity Goods' : Complementing Premium Parts with Select Discount Components
2020. 3rd International Conference on Computers in Management and Business, Tokyo, Japan, January, 2020. p. 243 - 247. DOI : 10.1145/3383845.3383897.Introduction to the Minitrack on Strategy, Information, Technology, Economics, and Society (SITES)
Proceedings of the 53rd Hawaii International Conference on System Sciences (HICSS). 2020. DOI : 10.24251/hicss.2020.731.Special Section: The Economics of Sharing and Information Security
Journal of Management Information Systems. 2020. DOI : 10.1080/07421222.2020.1790176.How to Market Smart Products: Design and Pricing for Sharing Markets
Journal of Management Information Systems. 2020. DOI : 10.1080/07421222.2020.1790179.2019
Quantifying Commitment in Nash Equilibria
International Game Theory Review. 2019. DOI : 10.1142/S0219198919400115.Dynamic Credit-Collections Optimization
Management Science. 2019. DOI : 10.1287/mnsc.2018.3070.Introduction to the Minitrack on Strategy, Information, Technology, Economics, and Society (SITES)
2019. 52nd Hawaii International Conference on System Sciences, Grand Wailea, Hawaii, US, January 8 - 11, 2019. DOI : 10.24251/hicss.2019.788.Strategic Durability with Sharing Markets
Sustainable Production and Consumption. 2019. DOI : 10.2139/ssrn.2842550.Dynamic Learning in Markets: Pricing, Advertising, and Information Acquisition
2019. 52nd Hawaii International Conference on System Sciences, Honolulu, Hawaii, January 8-11, 2019. DOI : 10.24251/HICSS.2019.794.Special Section: Social Influence and Networked Business Interaction
Journal of Management Information Systems. 2019. DOI : 10.1080/07421222.2019.1661086.The Advent of the Sharing Culture and its Effect on Product Pricing
Electronic Commerce Research and Applications. 2019. DOI : 10.1016/j.elerap.2018.06.001.2018
Optimal Information Collection Policies in a Markov Decision Process Framework
Medical Decision Making. 2018. DOI : 10.1177/0272989X18793401.Introduction to the Minitrack on Strategy, Information, Technology, Economics, and Society (SITES)
2018. 51st Hawaii International Conference on System Sciences, Maui, Hawaii, January 8–11, 2019. DOI : 10.24251/HICSS.2018.643.Population-Level Intervention and Information Collection in Dynamic Healthcare Policy
Health Care Management Science. 2018. DOI : 10.1007/s10729-017-9415-5.The Dynamics of Asset Sharing and Private Use
2018. Proceedings of the 51st Hawaii International Conference on System Sciences. DOI : 10.24251/HICSS.2018.649.A Linear-Quadratic Gaussian Approach to Dynamic Information Acquisition
European Journal of Operational Research. 2018. DOI : 10.1016/j.ejor.2018.03.003.Special Section: The Digital Transformation of Vertical Organizational Relationships
Journal of Management Information Systems. 2018. DOI : 10.1080/07421222.2018.1481646.2017
Understanding the Information-Based Transformation of Strategy and Society
Journal Of Management Information Systems. 2017. DOI : 10.1080/07421222.2017.1334474.The Economics of Sharing Markets
Lausanne, EPFL, 2017. p. 173. DOI : 10.5075/epfl-thesis-8087.Smart Products for Sharing
Journal Of Management Information Systems. 2017. DOI : 10.1080/07421222.2017.1334466.Optimal Switching Between Cash-Flow Streams
Mathematical Methods of Operations Research. 2017. DOI : 10.1007/s00186-017-0586-0.Controlling and Pricing Shareability
2017. Proceedings of the 50th Hawaii International Conference on System Sciences (2017). p. 5572 - . DOI : 10.24251/HICSS.2017.672.Special Section: Technological Innovations for Communication and Collaboration in Social Spaces
Journal Of Management Information Systems. 2017. DOI : 10.1080/07421222.2017.1334464.Global Optimization on an Interval
Journal Of Optimization Theory And Applications. 2017. DOI : 10.1007/s10957-016-1006-y.Introduction to Strategy, Information, Technology, Economics, and Society (SITES) Minitrack
Proceedings of the 50th Hawaii International Conference on System Sciences (HICSS). 2017. DOI : 10.24251/hicss.2017.669.Grid Connection of Shared Electric Vehicles
2nd HAEE Energy Conference, Athens, Greece, May 18-20, 2017.Quantifying Commitment in Nash Equilibria
GTM2017; Petrosyan, L.A., Zenkevich, N.A. (Eds.), 2017.2016
The Impact of Sharing Markets on Product Durability
2016Optimal Retail in a Sharing Economy
2016. 49th Annual Hawaii International Conference on System Sciences (HICSS), Hawaii, USA, January 5-8, 2016. p. 5230 - 5238. DOI : 10.1109/Hicss.2016.647.A Robust Resolution of Newcomb's Paradox
Theory And Decision. 2016. DOI : 10.1007/s11238-016-9543-2.Special Section: When Machine Meets Society: Social Impacts of Information and Information Economics
Journal Of Management Information Systems. 2016. DOI : 10.1080/07421222.2016.1205920.Optimal Switching Between Cash-Flow Streams
2016Product Pricing in a Peer-to-Peer Economy
Journal of Management Information Systems. 2016. DOI : 10.1080/07421222.2016.1205933.Global Optimization on an Interval
2016Optimal Multiattribute Sreening
Ural mathematical journal. 2016. DOI : 10.15826/umj.2016.2.007.Introduction to Minitrack on Society, Information, Technology and Economics
Proceedings of the 49th Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC. 2016. DOI : 10.1109/hicss.2016.641.Optimal Multiattribute Screening
20162015
Introduction to Society, Information, Technology, and Economics Minitrack
Proceedings of the 48th Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC. 2015. DOI : 10.1109/HICSS.2015.570.The Question of Ownership in a Sharing Economy
2015. 2015 48th Hawaii International Conference on System Sciences. p. 4874 - 4883. DOI : 10.1109/HICSS.2015.578.Special Section: Online Social Connections: Efficiency Versus Regulation
Journal Of Management Information Systems. 2015. DOI : 10.1080/07421222.2015.1063272.Dynamic Valuation of Delinquent Credit-Card Accounts
2015Dynamic Information Acquisition
2015Optimal Retail in a Sharing Economy
2015To Share or Not to Share: Adjustment Dynamics in Sharing Markets
2015Dynamic Valuation of Delinquent Credit Card Accounts
Management Science. 2015. DOI : 10.1287/mnsc.2015.2203.2014
Quantifying Commitment in Nash Equilibria
2014Introduction to Information Economics, Competition, Regulation, Law, and Society Minitrack
Proceedings of the 47th Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC. 2014. DOI : 10.1109/HICSS.2014.501.Special Section: IT-Enabled Social and Economic Transitions
Journal Of Management Information Systems. 2014. DOI : 10.1080/07421222.2014.994589.The Question of Ownership in a Sharing Economy
2014Intermediation in a Sharing Economy: Insurance, Moral Hazard, and Rent Extraction
Journal Of Management Information Systems. 2014. DOI : 10.1080/07421222.2014.995520.A Continuum of Commitment
Economics Letters. 2014. DOI : 10.1016/j.econlet.2014.04.013.Optimal Commitment
GTM2014 Graduate School of Management, St. Petersburg State University; Petrosyan, L.A., Zenkevich, N.A. (Eds.), 2014.Optimal Information Acquisition Policies: Application To Hepatitis C Screening
2014. p. A190 - A191. DOI : 10.1016/j.jval.2014.03.1112.Collaborative Housing and the Intermediation of Moral Hazard
2014. 2014 47th Hawaii International Conference on System Sciences, Waikoloa, HI, JAN 06-09, 2014. p. 4133 - 4141. DOI : 10.1109/HICSS.2014.510.On the (Non-)Equivalence of IRR and NPV
Journal Of Mathematical Economics. 2014. DOI : 10.1016/j.jmateco.2014.03.006.2013
On the (Non-)Equivalence of IRR and NPV
2013A Continuum of Commitment
2013Information Economics and Competitive Strategy
Journal Of Management Information Systems. 2013. DOI : 10.2753/Mis0742-1222300200.Applied Information Economics
Cambridge: Oxford University Press.Introduction to Competitive Strategy, Economics, and IS Minitrack
Proceedings of the 46th Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC. 2013. DOI : 10.1109/HICSS.2013.339.Collaborative Housing and the Intermediation of Moral Hazard
20132012
Introduction to the Competitive Strategy, Economics and IS Minitrack
Proceedings of the 45th Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC. 2012. DOI : 10.1109/HICSS.2012.369.Price Theory in Economics
Oxford Handbook of Pricing Management; Oxford University Press, 2012.Price Theory in Economics
2012Dynamic Valuation of Delinquent Credit-Card Accounts
2012An Augmented Becker-DeGroot-Marschak Mechanism for Transaction Cycles
Economics Letters. 2012. DOI : 10.1016/j.econlet.2011.09.001.Special Section: Information and Competitive Strategy in a Networked Economy
Journal Of Management Information Systems. 2012. DOI : 10.2753/Mis0742-1222290201.2011
Special Section: Information and Technology: Understanding New Strategies for Firms, Networks, and Markets
Journal Of Management Information Systems. 2011. DOI : 10.2753/MIS0742-1222280201.Optimal Control Theory with Applications in Economics
Cambridge, Massachusetts: MIT Press.Minitrack Introduction: Competitive Strategy, Economics and IS
Proceedings of the 44th Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC. 2011. DOI : 10.1109/hicss.2011.394.2010
Hicksian Welfare Measures and the Normative Endowment Effect
American Economic Journal: Microeconomics. 2010. DOI : 10.1257/mic.2.4.171.Option Contracting in the California Water Market
Journal of Regulatory Economics. 2010. DOI : 10.1007/s11149-009-9107-2.Special Section: Strategy, Economics and Electronic Commerce
Electronic Commerce Research and Applications. 2010. DOI : 10.1016/j.elerap.2010.07.005.Carbon Markets and Technological Innovation
Journal of Environmental Economics and Management. 2010. DOI : 10.1016/j.jeem.2010.04.004.Special Section: Economics of Electronic Commerce
International Journal of Electronic Commerce. 2010. DOI : 10.2753/JEC1086-4415150103.Monotone Approximation of Decision Problems
Operations Research. 2010. DOI : 10.1287/opre.1100.0814.Additive Envelopes of Continuous Functions
Operations Research Letters. 2010. DOI : 10.1016/j.orl.2010.01.004.Generalized Monotonicity Analysis
Economic Theory. 2010. DOI : 10.1007/s00199-009-0450-4.Simple Methods for Evaluating and Comparing Binary Experiments
Theory and Decision. 2010. DOI : 10.1007/s11238-009-9136-4.Special Section: Competitive Strategy, Economics, and Information Systems
Journal of Management Information Systems. 2010. DOI : 10.2753/MIS0742-1222270301.2009
Fair Welfare Maximization
Economic Theory. 2009. DOI : 10.1007/s00199-008-0406-0.Special Section: Competitive Strategy, Economics, and Information Systems
Journal of Management Information Systems. 2009. DOI : 10.2753/MIS0742-1222260201.2008
Option Contracts in Practice: A Look at Contractual and Institutional Design in the Context of California Water Transfers
2008.Managing Water Supply Uncertainty: Option Contracts and Short-Term Water Transfers in California
Woods Institute for the Environment. 2008.Option Contracts in Practice: A Look at Contractual and Institutional Design for California Water Transfers
Policy Brief, Woods Institute for the Environment. 2008.Bayesian Incentive Compatible Parametrization of Mechanisms
Journal of Mathematical Economics. 2008. DOI : 10.1016/j.jmateco.2007.10.002.Managing Water Supply Uncertainty: Option Contracts and Short-Term Water Transfers in California
2008. Policy Brief, Woods Institute for the Environment, Stanford University..Monotone Comparative Statics: Geometric Approach
Journal of Optimization Theory and Applications. 2008. DOI : 10.1007/s10957-007-9339-1.Delayed Multiattribute Product Differentiation
Decision Support Systems. 2008. DOI : 10.1016/j.dss.2007.06.001.2007
Efficient Contract Design in Multi-Principal Multi-Agent Supply Chains
2007. 18th Annual Conference of the Production and Operations Management Society, Dallas, TX, USA, May, 2007.A Model of Search Intermediaries and Paid Referrals
Information Systems Research. 2007. DOI : 10.1287/isre.1070.0139.2006
An Infinite-Horizon Maximum Principle with Bounds on the Adjoint Variable
Journal of Economic Dynamics & Control. 2006. DOI : 10.1016/j.jedc.2004.11.006.2005
Infinite-Horizon Optimal Advertising in a Market for Durable Goods
Optimal Control Applications and Methods. 2005. DOI : 10.1002/oca.765.2004
Selling Less Information for More: Garbling with Benefits
Economics Letters. 2004. DOI : 10.1016/j.econlet.2003.11.003.2003
The Endogenous Value of Information”
University of Pennsylvania, 2003.An Exact Relation Between Willingness To Pay and Willingness To Accept
Economics Letters. 2003. DOI : 10.1016/S0165-1765(03)00119-8.2002
The Value of Shared Information Services
2002. 23rd International Conference on Information Systems, Barcelona, Spain, December 2002. p. 209 - 224.2001
Mixed Versioning of Information Goods under Incomplete Information
2001. 22nd International Conference on Information Systems, New Orleans, LA, USA, December 2001. p. 81 - 83.1999
Information Technology Planning Framework for Large-Scale Civil Infrastructure Projects
Journal of Computing in Civil Engineering. 1999. DOI : 10.1061/(ASCE)0887-3801(1999)13:4(226).1997
Constrained predictive control for corporate policy
Massachusetts Institute of Technology, 1997.1995
New Model Predictive Control Techniques for Stabilizing Systems under Constraints
Imperial College London, 1995.Teaching & PhD
Teaching
Management of Technology
Courses
Information: strategy & economics
Introduction to the economics of information and its strategic ramifications. The main objectives are to use economic theory to understand strategic interactions in the presence of uncertainty, estimate the value of information, and to analyze competitive strategy in an information economy.
Innovation & entrepreneurship in engineering
This course is a joint initiative between the School of Engineering and the College of Management to encourage and promote entrepreneurship and management skills, engineering design, hands-on experience, teamwork, and awareness of social and ethical implications in engineering and management.
Microeconomics
This course presents a first introduction to microeconomic theory and its applications. It lays the foundation for more advanced courses.