COURCOUBETIS, Costas (to join in Summer 2021)


Education Background

Ph.D. in Electrical Engineering and Computer Science, University of California, Berkeley, 1982

M.S. in Electrical Engineering and Computer Science, University of California, Berkeley, 1979

B.S. in Electrical and Mechanical Engineering, National Technical University of Athens, Greece, 1977

Research Field
Economics and Performance Analysis of Networks and Internet Technologies, Sharing Economy and Mobility, Regulation Policy, Smart Grids and Energy Systems, Resource Sharing and Auctions

Prof. Costas A. Courcoubetis will join the Chinese University of Hong Kong, Shenzhen as a Professor in September 2021. He received his diploma from the National Technical University of Athens, Greece in 1977; he later obtained his Master of Science degree and PhD in Electrical Engineering and Computer Science from the University of California, Berkeley.

Prior to join CUHK (Shenzhen), Prof. Costas A. Courcoubetis was a Professor and Associate Head of Pillar in the Engineering Systems and Design Pillar, Singapore University of Technology and Design where he directed the ST-SUTD Centre for Smart Systems and co-directed the LTA-SUTD center for Transportation. Prior to that, from 1999 to 2013 he was a Professor in the Department of Informatics at the Athens University of Economics and Business, and from 1990 to 1999 a Professor in the Computer Science Department at the University of Crete where he also headed the Networks Department in ICS FORTH. While in USA, from 1982 to 1990 he was Member of Technical Staff (MTS) at the Mathematics Research Centre, Bell Laboratories. His current research interests are economics and performance analysis of networks and internet technologies, sharing economy and mobility, regulation policy, smart grids and energy systems, resource sharing and auctions.

Prof. Courcoubetis did fundament research in Computer Science in the area of algorithmic verification and is one of the pioneers in defining network economics for data networks in the late 1990s. Besides having led a large number of research projects in these areas, he has published over 100 papers in top scientific journals and conferences in areas that include theoretical computer science, operations research, network economics, regulation policy and telecommunications. He is in the list of the 336 most-cited Greek scientists and in the world’s top 2% scientists. His work has over 16,000 citations according to Google Scholar. He is co-author with Richard Weber of “Pricing Communication Networks: Economics, Technology, and Modelling” (Wiley, 2003).

Academic Publications

A. Books

1. “Pricing Communication Networks: Economics, Technology and Modelling”, Wiley 2003, with R.R. Weber (Cambridge University).

2. “Computer Aided Verification 93”, LNCS 697, Springer Verlag, Editor of Proceeding of CAV’93.

Book chapters

1. "Grid Business Models", Book Chapter 5, Grid and Cloud Computing: A Business Perspective on Technology and Applications, ISBN: 978-3-642-05192-0, Springer, November 2009 (with G. Thanos, E. Agiatzidou, G. D. Stamoulis).

2. “GridEcon – The Economic-Enhanced Next-Generation Internet”, Grid Economics and Business Models, Volume 4685 of the series Lecture Notes in Computer Science pp 188-193 (with Jörn Altmann, John Darlington, Jeremy Cohen).

3. “Sharing Economics”, in: Shen X., Lin X., Zhang K. (eds) Encyclopedia of Wireless Networks (2018), Springer, Cham (with R. Weber).

4. “Peer-to-Peer Product Sharing”, in Ming Hu (ed) Sharing Economy: Making Supply Meet Demand, Springer, 2019 (with Saif Benjaafar, Guangwen Kong, Xiang Li).

B. Recent indicative publications

1. "Negotiating premium peering prices: A quantitative model with applications", in ACM Transactions on Internet Technologies, Volume 16 Issue 2, April 2016 (with K. Sdrolias, L. Gyarmati, N. Laoutaris, P. Rodriguez).

2. “Paid Peering: Pricing and Adoption Incentives", Journal of Communications and Networks 18(6): 975-988 (2016) (with K. Sdrolias and R.R. Weber).

3. “Ex-post Max-min Fairness of Generalized AGV Mechanisms”, IEEE Trans. Automat. Contr. 62(10): 5275-5281 (2017) (with
Tao Wang, Yunjian Xu, Selin Damla Ahipasaoglu).

4. “Dynamic Routing for Social Information Sharing”, IEEE Journal on Selected Areas in Communications 35(3): 571-585 (2017) (with Yunpeng Li and Lingjie Duan).

5. "Congestion Control for Background Data Transfers with Minimal Delay Impact", IEEE/ACM Transactions on Networking, Volume: 25, Issue: 5, Oct. 2017 (with A. Dimakis, M. Kanakakis).

6. “Market mechanisms for cooperative operation of price-maker energy storage in a power network,” IEEE Transactions on Power Systems 33 (3), 3013-3028, 2018 (with Q. Huang, Y. Xu, T. Wang).

7. "Peer-to-Peer Product Sharing: Implications for Ownership, Usage, and Social Welfare in the Sharing Economy", Management Science Management Science 65(2) 2018 (with Saif Benjaafar, Guangwen Kong,  Xiang Li). Listed on SSRN's Top Ten download list for: Microeconomics: General Equilibrium & Disequilibrium Models eJournal (over 2400 downloads), (Top 1% most downloaded paper​s ​​​at SSRN).

8. “A Fair and Budget-Balanced Incentive Mechanism for Energy Management in Buildings”, IEEE Transactions on Smart Grids 9 (4), 3143-3153, July 2018, (with Tao Wang, Yunjian Xu, Chathura Withanage, Lan Lan, Selin Damla Ahipasaoglu).

9. “Mobile Data Offloading with Uniform Pricing and Overlaps”, IEEE Transactions on Mobile Computing 18 (2), 348-361, Feb. 1 2019 (with M Li, TQS Quek).

10. “Financial Incentives for Joint Storage Planning and Operation in Energy and Regulation Markets”, in IEEE Transactions on Power Systems, Volume: 34, Issue: 5, Sept. 2019 (with Q. Huang, Y. Xu).

11. “A Theoretical Framework to Evaluate the Traffic Impact of Urban Freight Consolidation Centers”, Transportation Research Part E (with Lynette Cheah and Rakhi Manohar Mepparambath).

12. "Optimal pricing for peer-to-peer sharing with network externalities", IEEE/ACM Transactions on Networking (with Yunpeng Li, Lingjie Duan and Richard Weber).

13. "Economic Controls for Smart Water Distribution Networks Undergoing Supply Failures," IEEE Transactions on Network Science and Engineering 2021 (with Pan Lai, Lingjie Duan and Stefano Galelli).

14. “Drivers, Riders and Service Providers: The Impact of the Sharing Economy on Mobility”, to appear in Management Science (with H. Bernhard and S. Benjaafar, M. Kanakakis and S. Papafragkos).

15. "Strategic Storage Operation in Wholesale Electricity Markets: A Networked Cournot Game Analysis," IEEE Transactions on Network Science and Engineering, 2021, (with Qisheng Huang, Yunjian Xu).

16. “Throughput and Pricing of Ridesharing Systems”, IEEE INFOCOM 2019 (with A. Dimakis).

17. “Recommending Paths: Follow or Not Follow?”, IEEE INFOCOM 2019 (with Yunpeng Li and Duan Lingjie).

18. “Distributed Double Auctions for Large-Scale Device-to-Device Resource Trading”, MobiHoc 2020 (with Shuqin Gao and Lingjie Duan).

19. “Catastrophe by Design: Destabilizing Wasteful Technologies and The Phase Transition from Proof of Work to Proof of Stake, FOCODILE 2020 (with Stefanos Leonardos, Iosif Sakos, and Georgios Piliouras).