Results 11 to 20 of about 1,509,300 (299)

On the efficiency of the walrasian mechanism [PDF]

open access: yesProceedings of the fifteenth ACM conference on Economics and computation, 2014
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
openaire   +2 more sources

Composable and efficient mechanisms [PDF]

open access: yesProceedings of the forty-fifth annual ACM symposium on Theory of Computing, 2013
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
openaire   +2 more sources

An Efficient Dynamic Mechanism [PDF]

open access: yesEconometrica, 2013
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
openaire   +3 more sources

On the Efficiency of All-Pay Mechanisms [PDF]

open access: yesAlgorithmica, 2015
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
openaire   +11 more sources

Efficiency of Scalar-Parameterized Mechanisms [PDF]

open access: yesOperations Research, 2009
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.
openaire   +3 more sources

Danicamtiv increases cardiac mechanical efficiency. [PDF]

open access: yesJ Physiol
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]

open access: yesGames and Economic Behavior, 2021
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
openaire   +2 more sources

Long-Term Evaluation of the Influence of Mechanical Pruning on Olive Growing [PDF]

open access: yes, 2012
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]

open access: yesInternational Economic Review, 1992
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

open access: yesResults in Physics, 2019
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

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