Results 21 to 30 of about 56,302 (135)
Cross‐border reciprocal bartering in public–private tetradic networks
Abstract Under the background of semiconductor and vaccine shortages during COVID‐19‐driven supply chain disruptions, this article adopts a multimethodological approach to investigate strategic solutions for cross‐border scarce goods bartering in a public–private (P–P) tetradic reciprocal network, which involves two pairs of P–P collaborative dyads ...
Jiuh‐Biing Sheu +2 more
wiley +1 more source
Precautionary Saving against Correlation under Risk and Ambiguitya
Abstract This paper considers precautionary saving against the correlation between two risky attributes (wealth and health) and investigates how the correlation affects optimal savings under multivariate preferences. The signs of higher‐order cross‐derivatives play a key role in determining the direction of precautionary saving against such correlation.
TAKAO ASANO, YUSUKE OSAKI
wiley +1 more source
Generative Topographic Mapping (GTM) enables rapid, computationally efficient, and interpretable selection of DNA‐encoded libraries (DELs) with comprehensive reference chemical space coverage, supported by visual landscapes that elucidate intra‐ and interlibrary diversity.
Louis Plyer +6 more
wiley +1 more source
Dynamic Incentives in Incompletely Specified Environments
Consider a repeated interaction where it is unknown which of various stage games will be played each period. This framework separates the basic logic of intertemporal incentives from the requirement that any given strategy profile yields a well‐defined payoff vector.
Gabriel Carroll
wiley +1 more source
Limit Orders and Knightian Uncertainty
ABSTRACT A wide variety of financial instruments allows risk‐averse traders to reduce their exposure to risk. This raises the question of what financial instruments allow ambiguity‐averse traders to reduce their exposure to ambiguity. We show in this paper that price‐contingent orders, such as limit orders, are sufficient: In a two‐period trading model,
Michael Greinecker, Christoph Kuzmics
wiley +1 more source
Efficiency in Pure‐Exchange Economies With Risk‐Averse Monetary Utilities
ABSTRACT We study Pareto efficiency in a pure‐exchange economy where agents' preferences are represented by risk‐averse monetary utilities. These coincide with law‐invariant monetary utilities, and they can be shown to correspond to the class of monotone, (quasi‐)concave, Schur concave, and translation‐invariant utility functionals. This covers a large
Mario Ghossoub, Michael B. Zhu
wiley +1 more source
Latin Hypercube Sampling (LHS), widely used in surrogate modeling, was enhanced by applying a maxmin criterion and sorting the samples via a Traveling Salesman Problem (TSP) strategy. This reduced the Euclidean travel distance during simulations, improved space coverage, boosted model accuracy by 0.13%, and cut computational time by 14% ABSTRACT ...
Luis Felipe Sánchez +2 more
wiley +1 more source
ABSTRACT In this paper, I introduce a novel benchmark in games, super‐Nash performance, and a solution concept, optimin, whereby players maximize their minimal payoff under unilateral profitable deviations by other players. Optimin achieves super‐Nash performance in that, for every Nash equilibrium, there exists an optimin where each player not only ...
Mehmet S. Ismail
wiley +1 more source
Coalitions Improve the Coordination and Provision of Public Goods: Theory and Experimental Evidence
ABSTRACT We study a public goods game with heterogeneous agents who care about their own payoff as well as that of the player who receives the lowest payoff. The weight of own payoff varies across players and is private information. We first develop a theoretical model and then test the predictions of our model in a laboratory setting under different ...
Sheryl Ball +2 more
wiley +1 more source
A Novel Approach to Assess the Distance Between the Settlement Patterns of Two Populations
ABSTRACT Understanding settlement patterns and their spatial distribution is essential for various fields, including geography, demography, and sociology. This paper explores a novel approach to assess the distance between settlement patterns of two populations with a specific focus on territorial variation inequalities.
Massimo Mucciardi
wiley +1 more source

