Download or read book A Necessary Condition for Robust Implementation written by Takuro Yamashita and published by Stanford University. This book was released on 2011 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mechanism design theory examines which social objectives (such as efficiency, fairness, stability, and so on) can be achieved when agents have private information. In most of the papers in the mechanism design literature, it has been the standard approach to assume that the agents play a Bayesian-Nash equilibrium (typically with a ``common prior'') to predict the possible outcomes of mechanisms. However, this approach is often criticized due to its sensitivity of prediction to the assumptions on the agents' beliefs. Given these criticisms, some researchers have investigated robust mechanisms to uncertainty about the agents' beliefs, but the standard approach is to restrict attention to dominant-strategy mechanisms. This approach proves to be restrictive, especially in settings that require a balanced budget. In this dissertation, we consider similar robust approaches, but we do not restrict attention only to dominant-strategy mechanisms. In Chapter 2, we provide an example that illustrates a difference between the dominant strategy approach and the other robust implementation approaches. Specifically, we consider expected welfare maximization in a bilateral trading example with voluntary participation and balanced budget. Chapter 3 provides some general findings. First, we show that any social choice correspondence that is implementable in admissibility must have a ``tree dominance property'': For any profile of ``directed trees'' on each agent's type space, the social choice correspondence must have a selection that satisfies dominant-strategy incentive compatibility along all edges of these trees. Also, we discuss the relationships among different robust implementation concepts. In Chapter 4, we apply these theoretical findings to some economic examples. In general, the tree dominance property may not be a sufficient condition. In applications, we guess which tree dominance conditions are the ``binding'' conditions, and solve a relaxed problems subject to those tree dominance conditions. In some cases, the allocation rule that solves the relaxed problem is proved to be dominant-strategy incentive compatible, which means that dominant-strategy mechanisms cannot be robustly improvable. Even if the solution is not dominant-strategy incentive compatible, we can sometimes verify that this allocation rule can be used as a revelation mechanism that actually robustly implements the desired social choice correspondence. As specific applications, we study (i) bilateral trading settings with balanced budget, (ii) quasi-linear environments without balanced budget, and (iii) implementation of unique desirable allocation rules.
Download or read book Robust Mechanism Design written by Dirk Bergemann and published by World Scientific. This book was released on 2012 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This volume brings together the collected contributions on the theme of robust mechanism design and robust implementation that Dirk Bergemann and Stephen Morris have been working on for the past decade. The collection is preceded by a comprehensive introductory essay, specifically written for this volume with the aim of providing the readers with an overview of the research agenda pursued in the collected papers.The introduction selectively presents the main results of the papers, and attempts to illustrate many of them in terms of a common and canonical example, namely a single unit auction with interdependent values. It is our hope that the use of this example facilitates the presentation of the results and that it brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.
Download or read book Advances in Economics and Econometrics Volume 1 written by Econometric Society. World Congress and published by Cambridge University Press. This book was released on 2006-08-14 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher description
Download or read book Adaptive Prediction and Predictive Control written by Partha Pratim Kanjilal and published by IET. This book was released on 1995 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides unified coverage of the principles and methods of various disciplines' approaches to prediction and control of processes expressed by discrete-time models, especially adaptive prediction, for students, researchers, and practitioners in the field. Chapters on methods of adaptive prediction for linear and non-linear processes, such as input-output model based prediction and Kalman filter predictors, avoid complex mathematical symbols and expressions, and contain examples and case studies. Includes introductory material on process models and parameter estimation, plus reference appendices and data sets. Annotation copyright by Book News, Inc., Portland, OR
Download or read book Corporate Value of Enterprise Risk Management written by Sim Segal and published by John Wiley & Sons. This book was released on 2011-03-08 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ultimate guide to maximizing shareholder value through ERM The first book to introduce an emerging approach synthesizing ERM and value-based management, Corporate Value of Enterprise Risk Management clarifies ERM as a strategic business management approach that enhances strategic planning and other decision-making processes. A hot topic in the wake of a series of corporate scandals as well as the financial crisis Looks at ERM as a way to deliver on the promise of balancing risk and return A practical guide for corporate Chief Risk Officers (CROs) and other business professionals seeking to successfully implement ERM ERM is here to stay. Sharing his unique insights and experiences as a recognized global thought leader in this field, author Sim Segal offers world-class guidance on how your business can successfully implement ERM to protect and increase shareholder value.
Download or read book Game Theory written by Steven N. Durlauf and published by Springer. This book was released on 2016-07-14 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Download or read book Peace Agreements written by Nina Caspersen and published by John Wiley & Sons. This book was released on 2017-01-06 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the Cold War a significant number of peace agreements have been signed, many of them in bloody intra-state conflicts that were previously thought beyond resolution. How have these agreements addressed issues of territory, security, power and justice? Do they reveal a blueprint for peace, and what can we learn from both their successes and their failures? This timely book provides a comprehensive and cutting-edge analysis of peace agreements signed in separatist conflicts from 1990 to the present day. Drawing on a diverse range of cases, including Bosnia, Indonesia, the Philippines, Sudan, Israel-Palestine and Ukraine, it analyses the different peace 'packages', focusing on the interaction of the elements in play, and exploring the impact of political contestation within conflict parties and of peace process dynamics. Though some of these agreements have displayed great ingenuity in finding lasting solutions, many have relied on more traditional, and often problematic, designs. For all such agreements, the enduring challenge is that of ensuring flexibility while avoiding destructive ambiguity. This is why the content of peace agreements really matters - not only to sustain peace once it is achieved but to make the prospect of peace possible in the first place.
Download or read book The Mind As a Scientific Object written by Christina E. Erneling and published by Oxford University Press. This book was released on 2005-01-13 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: What holds together the various fields that are supposed to consititute the general intellectual discipline that people now call cognitive science? In this book, Erneling and Johnson identify two problems with defining this discipline. First, some theorists identify the common subject matter as the mind, but scientists and philosophers have not been able to agree on any single, satisfactory answer to the question of what the mind is. Second, those who speculate about the general characteristics that belong to cognitive science tend to assume that all the particular fields falling under the rubric--psychology, linguistics, biology, and son on--are of roughly equal value in their ability to shed light on the nature of mind. This book argues that all the cognitive science disciplines are not equally able to provide answers to ontological questions about the mind, but rather that only neurophysiology and cultural psychology are suited to answer these questions. However, since the cultural account of mind has long been ignored in favor of the neurophysiological account, Erneling and Johnson bring together contributions that focus especially on different versions of the cultural account of the mind.
Download or read book Necessary Conditions written by Geoff Krall and published by Taylor & Francis. This book was released on 2023-10-10 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: During his years working as an instructional coach for a national network of schools, Geoff Krall had the chance to witness several inspirational moments when math class comes alive for middle or high school students - when it is challenging but also fun, creative, and interactive. In Necessary Conditions: Teaching Secondary Math with Academic Safety, Quality Tasks, and Effective Facilitation, Krall documents the essential ingredients that produce these sorts of moments on a regular basis and for all students. They are Academic Safety, Quality Tasks, and Effective Facilitation. Academic Safety: Krall implements equitable classroom experiences that help fight stigmas associated with race and gender in schools. This allows students to feel socially and emotionally secure while nurturing their identities as mathematicians and increasing engagement during classroom discussions Quality Tasks: Teachers can adapt or create dynamic, student-centered lessons that break down math into small, manageable sections, removing the frustrations felt by students who aren't considered math people Effective Facilitation: This book shows how to incorporate teaching moves and math routines designed for engagement, persistence, and interactivity. Teachers can allow students to explore safely while maintaining consistent classroom expectations. "My work as a math instructional coach for a network of schools has afforded me the unique opportunity to visit exceptional teachers across the country, documenting their tasks, teaching moves, and academically safe learning environments. You'll experience dispatches from these effective classrooms in which we'll observe how teachers attend to all three elements that make up the ecosystem." - Geoff Krall from his book, Necessary Conditions.
Download or read book Trust Region Methods written by A. R. Conn and published by SIAM. This book was released on 2000-01-01 with total page 978 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive reference on trust-region methods, a class of numerical algorithms for the solution of nonlinear convex optimization methods. Its unified treatment covers both unconstrained and constrained problems and reviews a large part of the specialized literature on the subject. It also provides an up-to-date view of numerical optimization.
Download or read book Predictor Feedback for Delay Systems Implementations and Approximations written by Iasson Karafyllis and published by Birkhäuser. This book was released on 2017-03-06 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph bridges the gap between the nonlinear predictor as a concept and as a practical tool, presenting a complete theory of the application of predictor feedback to time-invariant, uncertain systems with constant input delays and/or measurement delays. It supplies several methods for generating the necessary real-time solutions to the systems’ nonlinear differential equations, which the authors refer to as approximate predictors. Predictor feedback for linear time-invariant (LTI) systems is presented in Part I to provide a solid foundation on the necessary concepts, as LTI systems pose fewer technical difficulties than nonlinear systems. Part II extends all of the concepts to nonlinear time-invariant systems. Finally, Part III explores extensions of predictor feedback to systems described by integral delay equations and to discrete-time systems. The book’s core is the design of control and observer algorithms with which global stabilization, guaranteed in the previous literature with idealized (but non-implementable) predictors, is preserved with approximate predictors developed in the book. An applications-driven engineer will find a large number of explicit formulae, which are given throughout the book to assist in the application of the theory to a variety of control problems. A mathematician will find sophisticated new proof techniques, which are developed for the purpose of providing global stability guarantees for the nonlinear infinite-dimensional delay system under feedback laws employing practically implementable approximate predictors. Researchers working on global stabilization problems for time-delay systems will find this monograph to be a helpful summary of the state of the art, while graduate students in the broad field of systems and control will advance their skills in nonlinear control design and the analysis of nonlinear delay systems.
Download or read book Handbook of Semidefinite Programming written by Henry Wolkowicz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: Semidefinite programming (SDP) is one of the most exciting and active research areas in optimization. It has and continues to attract researchers with very diverse backgrounds, including experts in convex programming, linear algebra, numerical optimization, combinatorial optimization, control theory, and statistics. This tremendous research activity has been prompted by the discovery of important applications in combinatorial optimization and control theory, the development of efficient interior-point algorithms for solving SDP problems, and the depth and elegance of the underlying optimization theory. The Handbook of Semidefinite Programming offers an advanced and broad overview of the current state of the field. It contains nineteen chapters written by the leading experts on the subject. The chapters are organized in three parts: Theory, Algorithms, and Applications and Extensions.
Download or read book Advances in Economic Theory Volume 1 written by Econometric Society. World Congress and published by Cambridge University Press. This book was released on 1992 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives the reader a unique survey of advances in economic theory.
Download or read book Handbook of Social Choice and Welfare written by Kenneth Joseph Arrow and published by Gulf Professional Publishing. This book was released on 2002 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Social Choice and Welfare presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various aspects of Arrovian general impossibility theorems, illustrated by the simple majority cycle first identified by Condorcet, are expounded and evaluated. It also provides a critical survey of the work on different escape routes from impossibility results of this kind. In Part 2 (Voting Schemes and Mechanisms), the operation and performance of voting schemes and cost-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and surveyed. In Part 3 (structure of social choice rules), the positional rules of collective decision-making (the origin of which can be traced back to a seminal proposal by Borda), the game-theoretic aspects of voting in committees, and the implications of making use of interpersonal comparisons of welfare (with or without cardinal measurability) are expounded, and the status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the foundations of measurement of inequality and poverty. In order to place these broad issues (as well as further issues to be discussed in the second volume of the Handbook) in perspective, Kotaro Suzumura has written an extensive introduction, discussing the historical background of social choice theory, the vistas opened by Arrow's Social Choice and Individual Values, the famous "socialist planning" controversy, and the theoretical and practical significance of social choice theory. The primary purpose of this Handbook is to provide an accessible introduction to the current state of the art in social choice theory and welfare economics. The expounded theory has a strong and constructive message for pursuing human well-being and facilitating collective decision-making. *Advances economists' understanding of recent advances in social choice and welfare *Distills and applies research to a wide range of social issues *Provides analytical material for evaluating new scholarship *Offers consolidated reviews and analyses of scholarship in a framework that encourages synthesis--
Download or read book A Casebook of Family Interventions for Psychosis written by Fiona Lobban and published by John Wiley and Sons. This book was released on 2009-09-28 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide to implementing family interventions for psychosis, which discusses different family needs and illustrates different approaches to offering the interventions. Approximately 1 in 100 people experience psychosis, which can severely disrupt home and family life and place a heavy burden on carers A practical guide to implementing family interventions for psychosis, which discusses different family needs and illustrates different approaches to offering the interventions Shows how to tailor family interventions to meet different needs e.g. working via interpreter or with families in which multiple members suffer mental health problems No direct competition on family interventions for psychosis
Download or read book Handbook on Array Processing and Sensor Networks written by Simon Haykin and published by John Wiley & Sons. This book was released on 2010-02-12 with total page 924 pages. Available in PDF, EPUB and Kindle. Book excerpt: A handbook on recent advancements and the state of the art in array processing and sensor Networks Handbook on Array Processing and Sensor Networks provides readers with a collection of tutorial articles contributed by world-renowned experts on recent advancements and the state of the art in array processing and sensor networks. Focusing on fundamental principles as well as applications, the handbook provides exhaustive coverage of: wavelets; spatial spectrum estimation; MIMO radio propagation; robustness issues in sensor array processing; wireless communications and sensing in multi-path environments using multi-antenna transceivers; implicit training and array processing for digital communications systems; unitary design of radar waveform diversity sets; acoustic array processing for speech enhancement; acoustic beamforming for hearing aid applications; undetermined blind source separation using acoustic arrays; array processing in astronomy; digital 3D/4D ultrasound imaging technology; self-localization of sensor networks; multi-target tracking and classification in collaborative sensor networks via sequential Monte Carlo; energy-efficient decentralized estimation; sensor data fusion with application to multi-target tracking; distributed algorithms in sensor networks; cooperative communications; distributed source coding; network coding for sensor networks; information-theoretic studies of wireless networks; distributed adaptive learning mechanisms; routing for statistical inference in sensor networks; spectrum estimation in cognitive radios; nonparametric techniques for pedestrian tracking in wireless local area networks; signal processing and networking via the theory of global games; biochemical transport modeling, estimation, and detection in realistic environments; and security and privacy for sensor networks. Handbook on Array Processing and Sensor Networks is the first book of its kind and will appeal to researchers, professors, and graduate students in array processing, sensor networks, advanced signal processing, and networking.
Download or read book Dynamics of Controlled Mechanical Systems with Delayed Feedback written by H.Y. Hu and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have witnessed a rapid development of active control of various mechanical systems. With increasingly strict requirements for control speed and system performance, the unavoidable time delays in both controllers and actuators have become a serious problem. For instance, all digital controllers, analogue anti aliasing and reconstruction filters exhibit a certain time delay during operation, and the hydraulic actuators and human being interaction usually show even more significant time delays. These time delays, albeit very short in most cases, often deteriorate the control performance or even cause the instability of the system, be cause the actuators may feed energy at the moment when the system does not need it. Thus, the effect of time delays on the system performance has drawn much at tention in the design of robots, active vehicle suspensions, active tendons for tall buildings, as well as the controlled vibro-impact systems. On the other hand, the properly designed delay control may improve the performance of dynamic sys tems. For instance, the delayed state feedback has found its applications to the design of dynamic absorbers, the linearization of nonlinear systems, the control of chaotic oscillators, etc. Most controlled mechanical systems with time delays can be modeled as the dynamic systems described by a set of ordinary differential equations with time delays.
