Results 11 to 20 of about 1,509,300 (299)
On the efficiency of the walrasian mechanism [PDF]
Central results in economics guarantee the existence of efficient equilibria for various classes of markets. An underlying assumption in early work is that agents are price-takers, i.e., agents honestly report their true demand in response to prices.
Moshe Babaioff +3 more
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Composable and efficient mechanisms [PDF]
We initiate the study of efficient mechanism design with guaranteed good properties even when players participate in multiple different mechanisms simultaneously or sequentially. We define the class of smooth mechanisms, related to smooth games defined by Roughgarden, that can be thought of as mechanisms that generate approximately market clearing ...
Vasilis Syrgkanis, Éva Tardos
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An Efficient Dynamic Mechanism [PDF]
The paper extends both the Vickrey-Gloves-Clarke (VGC) and \textit{C. d'Aspremont} and \textit{L.-A. Gerard-Varet}'s [``Incentives and incomplete information'', J. Public Econ. 11, 22--45 (1979)] mechanisms to general dynamic settings under the natural extensions of the private values and independence assumptions considered by these authors.
Susan Athey, Ilya Segal
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On the Efficiency of All-Pay Mechanisms [PDF]
We study the inefficiency of mixed equilibria, expressed as the price of anarchy, of all-pay auctions in three different environments: combinatorial, multi-unit and single-item auctions. First, we consider item-bidding combinatorial auctions where m all-pay auctions run in parallel, one for each good.
George Christodoulou 0001 +2 more
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Efficiency of Scalar-Parameterized Mechanisms [PDF]
We consider the problem of allocating a fixed amount of an infinitely divisible resource among multiple competing, fully rational users. We study the efficiency guarantees that are possible when we restrict to mechanisms that satisfy certain scalability constraints motivated by large-scale communication networks; in particular, we restrict attention ...
Johari, Ramesh, Tsitsiklis, John N.
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Danicamtiv increases cardiac mechanical efficiency. [PDF]
AbstractDanicamtiv is a recently developed cardiac‐specific myosin activator that directly increases actomyosin interaction and, thereby, increases force. It is currently studied pre‐clinically and has entered clinical trials. In this study, we provide the first assessment of its effects on cardiac energetics.
Meehan T +4 more
europepmc +4 more sources
(Almost) efficient mechanisms for bilateral trading [PDF]
We study the bilateral trade problem: one seller, one buyer and a single, indivisible item for sale. It is well known that there is no fully-efficient and incentive compatible mechanism for this problem that maintains a balanced budget. We design simple and robust mechanisms that obtain approximate efficiency with these properties.
Liad Blumrosen, Shahar Dobzinski
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Long-Term Evaluation of the Influence of Mechanical Pruning on Olive Growing [PDF]
In Portugal, olive (Olea europaea L.) groves with the traditional tree density of around 100 trees ha -1, necessitate increasing pruning costs every year. As a result farmers tend to lengthen pruning intervals.
Dias, António Bento +2 more
core +1 more source
Efficiency and Mechanisms with no Regret [PDF]
Summary: Can we always design a game form so that all its Bayesian equilibrium outcomes are either interim individually rational efficient or interim envy-free efficient in asymmetric information economies? We show that the answer is no. Given that such games exist in complete information economies, can this gap be filled by games that leak information
openaire +1 more source
Study on different line gasoline blending with RJM via numerical investigation
The blending effect of gasoline is numerically simulated with different angles of nozzles and rotation speeds based on a rotary jet mixing (RJM) system.
Jiao Sun +3 more
doaj +1 more source

