Optimal Pricing of Public Franchises With Imperfectly Correlated Demand Shocks
ABSTRACT In a dynamic adverse selection setting with private information about stochastic consumer preferences, we study the pricing of franchise rights when the awarding government body has to balance between revenue collection and consumer welfare. In this environment, we show that optimal pricing requires an appropriate combination of fixed and time‐
Marco Buso, Cesare Dosi, Michele Moretto
wiley +1 more source
Unveiling solitary and twinning kink solitons in (2+1)-dimensional modified Zakharov-Kuznetsov equation arising in electronics. [PDF]
Al-Sawalha MM, Noor S, Shah R, Yasmin H.
europepmc +1 more source
ABSTRACT Introduction Embedded pragmatic clinical trials are an ideal way to develop and evaluate evidence‐based interventions in the nursing home (NH) environment to facilitate streamlining implementation after study completion. However, there is minimal information available about the necessary and sufficient conditions of “difference makers” for ...
Susan E. Hickman +4 more
wiley +1 more source
A new method for a priori practical identifiability. [PDF]
Thompson P +3 more
europepmc +1 more source
Best Before? Expiring Central Bank Digital Currency and Loss Recovery
Abstract Physical cash enables payments in the absence of electricity or network coverage. Such offline payment functionality promotes the operational resilience and, particularly in developing countries, the accessibility of payments. Central banks are exploring issuing digital cash substitutes with similar offline payment functionality.
CHARLES M. KAHN +2 more
wiley +1 more source
Beyond Euclid: an illustrated guide to modern machine learning with geometric, topological, and algebraic structures. [PDF]
Papillon M +10 more
europepmc +1 more source
Artificial intelligence‐powered microscopy: Transforming the landscape of parasitology
Abstract Microscopy and image analysis play a vital role in parasitology research; they are critical for identifying parasitic organisms and elucidating their complex life cycles. Despite major advancements in imaging and analysis, several challenges remain. These include the integration of interdisciplinary data; information derived from various model
Mariana De Niz +4 more
wiley +1 more source
Novel closed-form travelling wave solutions for space-time fractional coupled Boussinesq-Burger model using extended direct algebraic method. [PDF]
Radwan T +4 more
europepmc +1 more source
What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann +1 more
wiley +1 more source
The detection of algebraic auditory structures emerges with self-supervised learning. [PDF]
Orhan P, Boubenec Y, King JR.
europepmc +1 more source

