• M.S., Ph.D. in Electrical Engineering and Computer Science, University of California, Berkeley (1977-82)
  • Diploma of Electrical Engineer, National Technical University, Athens, Greece (1972-77)
Recent long CV (pdf), short (doc)

Research Interests

  • Network economics and pricing of network services. Pricing is considered as an important tool for improving network performance by controlling congestion and incentivizing the adoption of new efficient protocols. Network economics and game theory define the framework for obtaining fairness in terms of network resource usage, defining incentive compatible pricing schemes, and leading to a multi-service self-managed Internet. Current research topics include crowd sensing, protocol design for moving large amounts of delay-insensitive data in the Internet, pricing of interconnection, economics of cyber-physical system security, cost-sharing in large sensor networks.
  • Sharing Economy. Our main focus is in shared mobility and logistics.  ISE at SUTD supports multidisciplinary research in collaborative consumption built around the economic and behavioural aspects of sharing, with application to government policy and enabling ICT platforms.
  • Smart Grids and demand response. Focus on the use of incentives to make consumers reveal their flexibility in scheduling their electricity loads. Design of mechanisms for managing the energy consumption in buildings that take into account the preferences of the occupants.
  • Regulation in telecommunications and energy. Topics include network costing, auctions, network neutrality, spectrum allocation, fines for telecom operators, relevant markets and competition issues, market design, deregulation issues, design of fines.
  • Grid/cloud computing economics and infrastructure sharing. Economic and business issues in the new computing paradigm, where infrastructures are shared and software applications and hardware are provided as services in open markets.
  • Energy efficient software design. Algorithms for power efficiency in computations, load balancing and scheduling.
  • Formal methods for the specification and verification of concurrent systems with emphasis in systems with real-time and randomization. Development of efficient algorithms and tools for the verification of real-time systems such as computer communication protocols, asynchronous circuits, switching software. Real-time extensions of temporal logic and automata.

STEng-SUTD Center for Smart Systems: Co-director

Selected Research Projects

Europe: (see Network Economics and Services Group, AUEB)


  • “Peer-to-Peer Sharing Economy with Application to Shared Mobility”, MoE T2 grant.
  • “Sustainability-aware Management of Interdependent Power and Transportation Systems”, SUTD – ZJU joint collaboration grant, 2017.
  • ASPIRE (Advancing Security of Public Infrastructure using Resilience and Economics), focus on economics of cyber-physcical  infrastructure security, funded by NRF.
  • “Incentive Mechanisms for Patient Routing to Control Crowding in Emergency Departments”, funded by IDC.


Selected Presentations

Sharing Economy research

Visit the Initiative on the Sharing Economy (ISE) in SUTD and University of Minnesota (ISE).

Drivers, Riders and Service Providers: The impact of the sharing economy on Mobility, with H. Bernhard and S. Benjaafar (full paper draft, short version from NetEcon2017)

A Surge-Type Pricing in Ridesharing Systems is Stability Optimal, with A. Dimakis, accepted in INFOCOM 2019. (full paper draft).

Peer-to-Peer Product Sharing: Implications for Ownership, Usage, and Social Welfare in the Sharing Economy, to appear in Management Science (with Saif Benjaafar, Guangwen Kong, Xiang Li) [pdf]

Selected publications

  • Costas Courcoubetis and Antonis Dimakis, A Surge-Type Pricing in Ridesharing Systems is Stability Optimal, with A. Dimakis, accepted in INFOCOM 2019. [pdf].
  • Yunpeng Li, Duan Lingjie and Costas Courcoubetis, “Recommending Paths: Follow or Not Follow?”, accepted in INFOCOM 2019. [pdf]
  • Saif Benjaafar, Guangwen Kong, Xiang Li, Costas Courcoubetis. “Peer-to-Peer Product Sharing: Implications for Ownership, Usage, and Social Welfare in the Sharing Economy”, to appear in Management Science. Was many times listed on SSRN’s Top Ten download list for: Microeconomics: General Equilibrium & Disequilibrium Models eJournal (over 1400 downloads) [pdf]
  • C. Courcoubetis, L. Gyarmati, N. Laoutaris, P. Rodriguez, K. Sdrolias. “Negotiating premium peering prices: A quantitative model with applications”, ACM Trans. Internet Techn. 16(2) [pdf].
  • C. Courcoubetis, A. Dimakis, and M. Kanakakis. “Congestion Control for Background Data Transfers with Minimal Delay Impact”, ACM/IEEE ToN 2017 [pdf]
  • C. Courcoubetis, L. Duan, and Y. Li. “Dynamic Routing for Social Information Sharing”, IEEE Journal on Selected Areas in Communications ( Volume: 35, Issue: 3, March 2017 ) [pdf],[Slide Online].
  • Costas Courcoubetis, Kostas Sdrolias, Richard R. Weber. “Paid peering: pricing and adoption incentives”, Journal of Communications and Networks, special issue on Network Neutrality, 18(6): 975-988 (2016) [pdf].
  • S. Benjaafar, G. Kong, X. Li, and C. Courcoubetis. “Modeling and Analysis of Collaborative Consumption in Peer-to-Peer Car Sharing”, NetEcon’15 [pdf].
  • T. Wang, Y. Xu, S. D. Ahipasaoglu, and C. Courcoubetis. “A Fair Bayesian Incentive Compatible Mechanism”, CDC 2015 [pdf].
  • G. Birmpas, C. Courcoubetis, I. Giotis, and E. Markakis. “Cost-sharing Models in Participatory Sensing”, Symposium on Algorithmic Game Theory (SAGT) 2015 [pdf].
  • A. Kostopoulos, A. Dimakis, C. Courcoubetis. “Economic Incentives for Adopting Congestion Accountability Protocols”. 26th International Teletraffic Congress (ITC 26), Karlskrona, Sweden, September 2014 [pdf].
  • George A. Thanos, Costas Courcoubetis, Evangelos Markakis, George D. Stamoulis. “Design and experimental evaluation of market mechanisms for participatory sensing environments”. AAMAS 2014: 1515-1516 [pdf].
  • C. Courcoubetis, A. Dimakis. “Fair Background Data Transfers of Minimal Delay Impact”. IEEE INFOCOM, Orlando, Florida, March 2012 [pdf].
  • C. Courcoubetis, R. Weber. “Economic Issues in Shared Infrastructures”. IEEE/ACM Transactions on Networking, Vol 20, issue 2, 2011. [pdf]
  • C. Courcoubetis and A. Dimakis. “Tariffs, Mechanisms and Equilibria at a Single Internet Link”. NETCOOP, 2009. [pdf]
  • C. Courcoubetis, A. Dimakis, “Congestion Control and Pricing of Volume Intensive Applications”. ITC 21, Paris, September 2009. [pdf]
  • G. Thanos, E. Agiatzidou, C. Courcoubetis, G. D. Stamoulis. “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. [pdf]
  • C. Courcoubetis, R. Weber. “Economic Issues in Shared Infrastructures”. VISA 2009 Workshop, Barcelona, Spain, August 2009. ACM. [pdf]
  • R. Mason, C. Courcoubetis, N. Miliou. “Grid Economics and Business Models”. 6th International Workshop, GECON 2009, Delft, The Netherlands, August 2009. [pdf]
  • D. Antos, C. Courcoubetis, G. D. Stamoulis. “Economic aspects of building software for service-oriented architectures”. Concurrency and Computation: Practice and Experience, 2009. [pdf]
  • C. Courcoubetis, C. Kalogiros, R. Weber. “Optimal Call Routing in VoIP”, ITC 21, Paris, September 2009. [pdf]
  • C. Kalogiros, C. Courcoubetis, P. Antoniadis, “WOICE: a Decentralized System for Ubiquitous VoIP Services”, DIGIBIZ 2009, London, June 2009. [pdf]
  • C. Courcoubetis, M. Dramitinos, T. Rayna, S. Soursos and G. D. Stamoulis “Market Mechanisms for Trading Grid Resources”, In Proc. of 26th International Workshop on Grid Economics and Business Models [Gecon 2008], pp. 58-72, Las Palmas, Spain, August 26, 2008 [pdf].
  • J. Altman, C. Courcoubetis, G. D. Stamoulis, M. Dramitinos, T. Rayna, M. Risch and C. Bannick, “GridEcon: A Market Place for Computing Resources”, In Proc. of 26th International Workshop on Grid Economics and Business Models [Gecon 2008], pp. 185-196, Las Palmas, Spain, August 2008 [pdf]
  • M. Dramitinos, G. D. Stamoulis, C. Courcoubetis. “An Auction Mechanism for Allocating the Bandwidth of Networks to their Users”. Elsevier IEEE Computer Networks, 51:18 pp 4979-4996, December 2007 [pdf].
  • G. Thanos, C. Courcoubetis, G. D. Stamoulis. “Adopting the Grid for Business Purposes: The Main Objectives and the Associated Economic Issues”. The 4th International Workshop on Grid Economics and Business Models, GECON 2007, Proceedings, Pages 1-15, Lecture Notes in Computer Science (LNCS 4685), Springer 2007. [pdf]
  • C. Courcoubetis, S. Soursos and R. Weber. Pricing Resources on Demand, Proc. of the 1st IEEE International Workshop on Bandwidth on Demand (BoD 2006), In conjunction with IEEE Globecom 2006, November 27, 2006, San Francisco, California, USA [pdf]
  • C. Courcoubetis and R. Weber. Incentives for Large P2P Systems, IEEE Journal on Selected Areas in Telecommunications. [pdf]
  • M. Dramitinos, G. D. Stamoulis and C. Courcoubetis. “A Random Walk Model for Studying Allocation Patterns in Auction-based Resource Allocation”. In Proc. of 5th International Workshop on Advanced Internet Charging and QoS Technologies (ICQT 2006), Springer LNCS 4033, pp. 26-37, St Malo, France, June 27, 2006 [pdf]
  • M. Dramitinos, G. D. Stamoulis and C. Courcoubetis. “Auction-based Resource Reservation in 3G Networks Serving Multicast”. 15th IST Mobile Summit, Myconos, Greece, June 2006 [pdf]
  • P. Antoniadis, C. Courcoubetis, and B. Strulo. “Incentives for Content Availability in Memory-less Peer-to-Peer File Sharing Systems”. ACM SIGecom Exchanges, 5(4):11-20, July 2005. [pdf]
  • M. Dramitinos, G. D. Stamoulis, C. Courcoubetis. “An Innovative Decision Support System for Bidding in Simultaneous Ascending Auctions”. In proceedings of 7th IEEE Conference on E-Commerce Technology (IEEE CEC 2005), Munich, Germany, July 19-22 2005.
  • P. Antoniadis, C. Courcoubetis, and R. Weber. An Asymptotically Optimal Scheme for P2P File Sharing. In Second Workshop on the Economics of Peer-to-Peer Systems, Harvard University, 2004. [pdf]
  • P. Antoniadis, C. Courcoubetis, and R. Mason. Comparing Economic Incentives in Peer-to-Peer Networks. Special Issue on Network Economics, Computer Networks, Elsevier, 45(1):133-146, 2004. [pdf]
  • C. Courcoubetis and R. Weber. Asymptotics for Provisioning Problems of Peering Wireless LANs with a Large Number of Participants. WiOpt’04: Modeling and Optimization in Mobile, Ad Hoc and Wireless Networks, University of Cambridge, UK, March, 2004. [pdf]
  • Vasilios A. Siris, Costas Courcoubetis, and George Margetis. Service differentiation and performance of weighted window-based congestion control and packet marking algorithms in ECN networks. Computer Communications. Volume 26, Issue 4, 1 March 2003, Pages 314-326. [pdf]
  • M. Dramitinos, C. Courcoubetis, G. D. Stamoulis, Auction-based Resource Reservation in 2.5/3G Networks, Kluwer/ACM Mobile Networks and Applications [MONET] special issue, 2003. [pdf]
  • C. Courcoubetis, A. Dimakis, G.D. Stamoulis, Traffic Equivelance and Substitution in a Multiplexer with Applications to Dynamic Call AdmissionControl. IEEE/ACM Transactions on Networking.