Thomas Weber
EPFL CDM MTEI OES
ODY 3 01 (Odyssea)
Station 5
1015 Lausanne
+41 21 693 00 39
+41 21 693 01 41
Office: ODY 3 01
EPFL › CDM › MTEI › OES
Website: https://www.epfl.ch/labs/oes/
+41 21 693 01 41
EPFL › CDM › CDM-MTE › MTE-ENS
EPFL AVP-DLE-EDOC EDMT-GE
ODY 1 17 (Odyssea)
Station 5
CH-1015 Lausanne
+41 21 693 01 39
+41 21 693 01 41
Office: ODY 3 01
EPFL › VPA › VPA-AVP-DLE › AVP-DLE-EDOC › EDMT-GE
Website: https://go.epfl.ch/phd-edmt
EPFL AVP-DLE CDOCT
CE 1 631 (Centre Est)
Station 1
CH-1015 Lausanne
+41 21 693 01 41
EPFL › VPA › VPA-AVP-DLE › AVP-DLE-EDOC › CDOCT
+41 21 693 01 41
EPFL › CDM › CDM-DIR › CDM-CEA
Expertise
- Credit collections - Decision making under risk - Economics (behavioral, environmental, theory) - Engineering economy - Investment criteria - Nonlinear systems - Optimal control - Risk - Sharing economy
Expertise
- Credit collections - Decision making under risk - Economics (behavioral, environmental, theory) - Engineering economy - Investment criteria - Nonlinear systems - Optimal control - Risk - Sharing economy
Main publications
2025
Data-Driven Markovian Project Portfolio Tracking
2025. 5th International Conference on Smart Information Systems and Technologies (SIST), Astana, Kazakhstan, 2025-05-14 - 2025-05-16. p. 1 - 6. DOI : 10.1109/SIST61657.2025.11139228.A Measure of Decision-Based Payoff Uncertainty
2025. 6th International Conference on Problems of Cybernetics and Informatics, Baku, Azerbaijan, 2025-08-25 - 2025-08-28. DOI : 10.1109/PCI66488.2025.11219738.Relatively Robust Multicriteria Decisions
Management Science. 2025. DOI : 10.1287/mnsc.2025.00510.Optimal Work-Rest Cycles
2025. International Conference on Operations Research (OR2024), Munich, Germany, 2024-09-03 - 2024-09-06. p. 89 - 95. DOI : 10.1007/978-3-031-92575-7_13.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.Monopoly Pricing with Unknown Demand
Scandinavian Journal of Economics. 2025. DOI : 10.1111/sjoe.12564.Robust Optimization for Product Line Design
Lausanne, EPFL, 2025. p. 181. DOI : 10.5075/epfl-thesis-10974.2024
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.Introduction to the Minitrack on Strategy, Information, Technology, Economics, and Society (SITES)
2023. 56th Hawaii International Conference on System Sciences, Maui, Hawaii, USA, 2023-01-03 - 2023-01-06. p. 6387 - 6388.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.Estimation of Self-Exciting Point Processes from Time-Censored Data
Physical Review E. 2023. DOI : 10.1103/PhysRevE.108.015303.2022
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.Strategic Interdependent Security Systems
2022. 55th Hawaii International Conference on System Sciences, Virtual Event / Maui, Hawaii, USA, 2022-01-04 - 2022-01-07. p. 7074 - 7087.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.Introduction to the Minitrack on Strategy, Information, Technology, Economics, and Society (SITES)
2022. 55th Hawaii International Conference on System Sciences, Virtual Event / Maui, Hawaii, USA, 2022-01-04 - 2022-01-07.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.Introduction to the Minitrack on Strategy, Information, Technology, Economics, and Society (SITES)
2021. 54th Hawaii International Conference on System Sciences, Grand Hyatt Kauai, Hawaii, USA, 2021-01-05 - 2021-01-08. p. 6502 - 6504.Collaborative Innovation (or Not?!) when Product Performance is Critical
2021. 54th Hawaii International Conference on System Sciences, Grand Hyatt Kauai, Hawaii, USA, 2021-01-05 - 2021-01-08. p. 6535 - 6542.2020
Robust Identification of Controlled Hawkes Processes
Physical Review E. 2020. DOI : 10.1103/PhysRevE.101.043305.How to Market Smart Products: Design and Pricing for Sharing Markets
Journal of Management Information Systems. 2020. DOI : 10.1080/07421222.2020.1790179.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.Special Section: The Economics of Sharing and Information Security
Journal of Management Information Systems. 2020. DOI : 10.1080/07421222.2020.1790176.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.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 : 10.1145/3383845.3383897.2019
Dynamic Credit-Collections Optimization
Management Science. 2019. DOI : 10.1287/mnsc.2018.3070.Quantifying Commitment in Nash Equilibria
International Game Theory Review. 2019. DOI : 10.1142/S0219198919400115.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.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.Strategic Durability with Sharing Markets
Sustainable Production and Consumption. 2019. DOI : 10.2139/ssrn.2842550.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.2019.788.2018
Optimal Information Collection Policies in a Markov Decision Process Framework
Medical Decision Making. 2018. DOI : 10.1177/0272989X18793401.Population-Level Intervention and Information Collection in Dynamic Healthcare Policy
Health Care Management Science. 2018. DOI : 10.1007/s10729-017-9415-5.Special Section: The Digital Transformation of Vertical Organizational Relationships
Journal of Management Information Systems. 2018. DOI : 10.1080/07421222.2018.1481646.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.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.2018.643.2017
Special Section: Technological Innovations for Communication and Collaboration in Social Spaces
Journal Of Management Information Systems. 2017. DOI : 10.1080/07421222.2017.1334464.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.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.Optimal Switching Between Cash-Flow Streams
Mathematical Methods of Operations Research. 2017. DOI : 10.1007/s00186-017-0586-0.The Economics of Sharing Markets
Lausanne, EPFL, 2017. p. 173. DOI : 10.5075/epfl-thesis-8087.Global Optimization on an Interval
Journal Of Optimization Theory And Applications. 2017. DOI : 10.1007/s10957-016-1006-y.Controlling and Pricing Shareability
2017. Proceedings of the 50th Hawaii International Conference on System Sciences (2017). p. 5572 - . DOI : 10.24251/HICSS.2017.672.Understanding the Information-Based Transformation of Strategy and Society
Journal Of Management Information Systems. 2017. DOI : 10.1080/07421222.2017.1334474.Smart Products for Sharing
Journal Of Management Information Systems. 2017. DOI : 10.1080/07421222.2017.1334466.2016
Optimal Retail in a Sharing Economy
2016. 49th Annual Hawaii International Conference on System Sciences, Koloa, Hawaii, USA, 2016-01-05 - 2016-01-08. p. 5230 - 5238. DOI : 10.1109/Hicss.2016.647.Mini-Track Introduction: Society, Information, Technology and Economics
2016. 49th Annual Hawaii International Conference on System Sciences, Koloa, Hawaii, USA, 2016-01-05 - 2016-01-08. p. 5189 - 5189. DOI : 10.1109/HICSS.2016.642.Optimal Multiattribute Sreening
Ural mathematical journal. 2016. DOI : 10.15826/umj.2016.2.007.Global Optimization on an Interval
2016Introduction 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.A Robust Resolution of Newcomb's Paradox
Theory And Decision. 2016. DOI : 10.1007/s11238-016-9543-2.Optimal Multiattribute Screening
2016Product Pricing in a Peer-to-Peer Economy
Journal of Management Information Systems. 2016. DOI : 10.1080/07421222.2016.1205933.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
2016The Impact of Sharing Markets on Product Durability
20162015
The Question of Ownership in a Sharing Economy
2015. 48th Hawaii International Conference on System Sciences, Kauai, HI, USA, 2015-01-05 - 2015-01-08. p. 4874 - 4883. DOI : 10.1109/HICSS.2015.578.To Share or Not to Share: Adjustment Dynamics in Sharing Markets
2015Dynamic Information Acquisition
2015Dynamic Valuation of Delinquent Credit-Card Accounts
2015Dynamic Valuation of Delinquent Credit Card Accounts
Management Science. 2015. DOI : 10.1287/mnsc.2015.2203.Optimal Retail in a Sharing Economy
2015Introduction to Society, Information, Technology, and Economics Minitrack
2015. 48th Hawaii International Conference on System Sciences, Kauai, HI, USA, 2015-01-05 - 2015-01-08. p. 4802 - 4802. DOI : 10.1109/HICSS.2015.570.Special Section: Online Social Connections: Efficiency Versus Regulation
Journal Of Management Information Systems. 2015. DOI : 10.1080/07421222.2015.1063272.2014
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.Optimal Information Acquisition Policies: Application To Hepatitis C Screening
2014. p. A190 - A191. DOI : 10.1016/j.jval.2014.03.1112.On the (Non-)Equivalence of IRR and NPV
Journal Of Mathematical Economics. 2014. DOI : 10.1016/j.jmateco.2014.03.006.Optimal Commitment
GTM2014 Graduate School of Management, St. Petersburg State University; Petrosyan, L.A., Zenkevich, N.A. (Eds.), 2014.Intermediation in a Sharing Economy: Insurance, Moral Hazard, and Rent Extraction
Journal Of Management Information Systems. 2014. DOI : 10.1080/07421222.2014.995520.Introduction 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.The Question of Ownership in a Sharing Economy
2014A Continuum of Commitment
Economics Letters. 2014. DOI : 10.1016/j.econlet.2014.04.013.Quantifying Commitment in Nash Equilibria
2014Special Section: IT-Enabled Social and Economic Transitions
Journal Of Management Information Systems. 2014. DOI : 10.1080/07421222.2014.994589.2013
Collaborative Housing and the Intermediation of Moral Hazard
2013Information Economics and Competitive Strategy
Journal Of Management Information Systems. 2013. DOI : 10.2753/Mis0742-1222300200.Applied Information Economics
Cambridge: Oxford University Press, 2013.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.On the (Non-)Equivalence of IRR and NPV
2013A Continuum of Commitment
20132012
Dynamic Valuation of Delinquent Credit-Card Accounts
2012Price Theory in Economics
Oxford Handbook of Pricing Management; Oxford University Press, 2012.Price Theory in Economics
2012Special Section: Information and Competitive Strategy in a Networked Economy
Journal Of Management Information Systems. 2012. DOI : 10.2753/Mis0742-1222290201.An Augmented Becker-DeGroot-Marschak Mechanism for Transaction Cycles
Economics Letters. 2012. DOI : 10.1016/j.econlet.2011.09.001.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.2012.369.2011
Special Section: Information and Technology: Understanding New Strategies for Firms, Networks, and Markets
Journal Of Management Information Systems. 2011. DOI : 10.2753/MIS0742-1222280201.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.Optimal Control Theory with Applications in Economics
Cambridge, Massachusetts: MIT Press, 2011.2010
Special Section: Competitive Strategy, Economics, and Information Systems
Journal of Management Information Systems. 2010. DOI : 10.2753/MIS0742-1222270301.Additive Envelopes of Continuous Functions
Operations Research Letters. 2010. DOI : 10.1016/j.orl.2010.01.004.Carbon Markets and Technological Innovation
Journal of Environmental Economics and Management. 2010. DOI : 10.1016/j.jeem.2010.04.004.Special Section: Strategy, Economics and Electronic Commerce
Electronic Commerce Research and Applications. 2010. DOI : 10.1016/j.elerap.2010.07.005.Simple Methods for Evaluating and Comparing Binary Experiments
Theory and Decision. 2010. DOI : 10.1007/s11238-009-9136-4.Generalized Monotonicity Analysis
Economic Theory. 2010. DOI : 10.1007/s00199-009-0450-4.Hicksian Welfare Measures and the Normative Endowment Effect
American Economic Journal: Microeconomics. 2010. DOI : 10.1257/mic.2.4.171.Monotone Approximation of Decision Problems
Operations Research. 2010. DOI : 10.1287/opre.1100.0814.Special Section: Economics of Electronic Commerce
International Journal of Electronic Commerce. 2010. DOI : 10.2753/JEC1086-4415150103.Option Contracting in the California Water Market
Journal of Regulatory Economics. 2010. DOI : 10.1007/s11149-009-9107-2.2009
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 for California Water Transfers
Policy Brief, Woods Institute for the Environment. 2008.Option Contracts in Practice: A Look at Contractual and Institutional Design in the Context of California Water Transfers
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..Delayed Multiattribute Product Differentiation
Decision Support Systems. 2008. DOI : 10.1016/j.dss.2007.06.001.Monotone Comparative Statics: Geometric Approach
Journal of Optimization Theory and Applications. 2008. DOI : 10.1007/s10957-007-9339-1.Managing Water Supply Uncertainty: Option Contracts and Short-Term Water Transfers in California
Woods Institute for the Environment. 2008.2007
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
PhD Students
Past EPFL PhD Students
Maryam Razeghian Jahromi, Michael Mark, Han Jun
Past EPFL PhD Students as codirector
Courses
Information: strategy & economics
MGT-431
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
MGT-555
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
MGT-621
This course presents a first introduction to microeconomic theory and its applications. It lays the foundation for more advanced courses.