Personalised Feedback Control, Social Contracts, and Compliance Strategies for Ensembles

Abstract

This paper describes the use of Distributed Ledger Technologies as a mean to enforce social contracts and to orchestrate the behaviour of agents in a smart city environment. Specifically, we present a scheme to price personalised risk in sharing economy applications. We provide proofs for the convergence of the proposed stochastic system and we validate our approach through the use of extensive Monte Carlo simulations.

A DLT enabled smart mask system to enable social compliance

“…According to European Centre for Disease Prevention and Control, from 31 December 2019 to 17 March 2022, 458 179 120 cases of Covid-19 (in accordance with the applied case definitions and testing strategies in the affected countries) have been reported, including 6 058 022 deaths. If not properly controlled, the virus might once again spread across the population, leading to high mortality rates and hospitalizations, even with possible sequelae 1 . Even as the amount of infected people abates in some areas, the need to wear face-masks remains in many aspects of daily life, for example, in passenger planes, buses and trains.…”

“…Importantly, we wish to design mechanisms where compliance with mask wearing remains with the mask wearer -rather than with observers. To do this we build on our previous work done in [1]. Here the authors discuss a general framework, based on control theory, with the aim of regulating compliance to social contracts 2 in the sharing economy domain.…”

“…For completeness, we note that there are many paper on this topic; for example -see [2]- [4]. Specifically, our work is based on [1], which differs from the works mentioned above along various dimensions. In [1], the authors propose a personalised feedback control based on distributed ledger technology (DLT) system to enforce people's compliance and furthermore provide a theoretical analysis on the designed system's convergence.…”

“…Specifically, our work is based on [1], which differs from the works mentioned above along various dimensions. In [1], the authors propose a personalised feedback control based on distributed ledger technology (DLT) system to enforce people's compliance and furthermore provide a theoretical analysis on the designed system's convergence. Here, DLT structure provides a more secure and privacypreserving structure than its centralised alternatives, to create a personalised economic commitment algorithm and then to enforce compliance.…”

“…Here, DLT structure provides a more secure and privacypreserving structure than its centralised alternatives, to create a personalised economic commitment algorithm and then to enforce compliance. For the convenience of further discussing, we refer to the designed algorithm in [1] as Personalised Feedback Control Algorithm (PFCA). The idea of incentives is also being explored in the circular economy and this concept has already been explored in various applications (although, not in a theoretical manner), such as Kupcrush.…”