Download or read book Dynamic Matching with Transfers written by Tyler Maxey and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: I study a two-sided market of dynamic matching with sequential arrivals. Agents trade off waiting to match with a more desirable agent with immediately matching with a less desirable agent. I study the consequences of transfer availability for two priority orders: first-in-first-out (FIFO) and last-in-first-out (LIFO). For FIFO, welfare is weakly greater with transfers than without. For LIFO, there is a range of waiting costs such that welfare is weakly lower with transfers than without. Even in the limit as waiting costs go to zero, the equilibrium welfare for FIFO with transfers remains strictly lower than that of the social optimum. Thus, unlike in a static matching setting, transfers in my dynamic matching setting do not generate utilitarian efficient outcomes.
Download or read book Dynamic Matching written by Süleyman Kerimov and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation focuses on frictions that arise in various dynamic marketplaces such as kidney exchange, labor markets, and logistics. The central question that we ask is how do heterogeneity, network structure, liquidity, and stochasticity, which cause these frictions, affect our ability to perform simple policies that can achieve efficient outcomes? In Chapters 2 and 3, we analyze dynamic matching markets. When agents arrive to the market over time, an inherent trade-off arises between short- and long-term allocative efficiency. For example, kidney exchange platforms, which arrange exchanges between incompatible patient-donor pairs, can form a match as soon as it becomes feasible, or wait for the market to thicken in order to generate exchanges that yield more life years from transplants. This trade-off raises several questions. How to optimally match agents over time? If the market is cleared periodically, how does the period length affect allocative efficiency at different times? How does stochastic demand impact desirable clearing times? We study these questions from a queueing perspective, and we propose simple batching and greedy policies with a strong performance guarantee: these policies (nearly) maximize the total match value simultaneously at all times. This suggests that the tension between short- and long-term allocative efficiency is essentially moot. In Chapter 4, we analyze scrip systems, where such systems serve an alternative to sustain cooperation, improve efficiency, and mitigate free riding in economies without monetary transfers. Agents request and provide service over time, and scrips are used as artificial currency to pay for service provision. We study the possibility of agents sustaining cooperation when the market is thin, in the sense that only few agents are available to provide the requested service. We analyze the stability of the scrip distribution of agents, assuming that among the available agents, the one with the minimum amount of scrips is selected to provide service. The analysis suggests that even with minimal liquidity in the market, cooperation can be sustained by balancing service provisions among agents. Simulations based on kidney exchange data propose that scrip systems can lead to efficient outcomes in kidney exchange by sustaining cooperation between hospitals.
Download or read book Handbook of the Economics of Matching written by and published by North Holland. This book was released on 2024-11-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook in Economics of Matching highlights new advances in the field, with this new volume presenting interesting chapters. Each chapter is written by an international board of authors. Chapters in this new release include Matching without transfers, Matching under Non-transferable Utility: Theory, The large markets case, Matching under Non-transferable Utility: Applications, Allocating students to schools: theory and empirical methods, Matching with Transfers, Matching with Transfers: Theory, Matching with Transfers: Applications, Matching under Imperfectly Transferable Utility, Extensions, Pre-matching investments, Matching with contracts, Matching under asymmetric information, Matching with frictions, and Dynamic Matching.
Download or read book Dynamic Mismatch Mapping for Digitally Assisted DACs written by Yongjian Tang and published by Springer Science & Business Media. This book was released on 2013-02-11 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes a novel digital calibration technique called dynamic-mismatch mapping (DMM) to improve the performance of digital to analog converters (DACs). Compared to other techniques, the DMM technique has the advantage of calibrating all mismatch errors without any noise penalty, which is particularly useful in order to meet the demand for high performance DACs in rapidly developing applications, such as multimedia and communication systems.
Download or read book Matching with Transfers written by Pierre-André Chiappori and published by Princeton University Press. This book was released on 2020-05-26 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics. These models have been used in many contexts, from labor markets to organ donations, but recent work has tended to focus on "nontransferable" cases rather than matching models with transfers. In this important book, Pierre-André Chiappori fills a gap in the literature by presenting a clear and elegant overview of matching with transfers and provides a set of tools that enable the analysis of matching patterns in equilibrium, as well as a series of extensions. He then applies these tools to the field of family economics and shows how analysis of matching patterns and of the incentives thus generated can contribute to our understanding of long-term economic trends, including inequality and the demand for higher education.
Download or read book Optimal Dynamic Matching written by Mariagiovanna Baccara and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a dynamic matching environment where individuals arrive sequentially. There is a tradeoff between waiting for a thicker market, allowing for higher quality matches, and minimizing agents' waiting costs. The optimal mechanism cumulates a stock of incongruent pairs up to a threshold and matches all others in an assortative fashion instantaneously. In discretionary settings, a similar protocol ensues in equilibrium, but expected queues are inefficiently long. We quantify the welfare gain from centralization, which can be substantial, even for low waiting costs. We also evaluate welfare improvements generated by transfer schemes, and alternative priority protocols.
Download or read book Artificial Intelligence Applications and Innovations II written by Daoliang Li and published by Springer Science & Business Media. This book was released on 2005-08-25 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence is one of the oldest and most exciting subfields of computing, covnering such areas as intelligent robotics, intelligent planning and scheduling, model-based reasoning, fault diagnosis, natural language processing, maching translation, knowledge representation and reasoning, knowledge-based systems, knowledge engineering, intelligent agents, machine learning, neural nets, genetic algorithms and knowledge management. The papers in this volume comprise the refereed proceedings of the Second International Conference on Artificial Intelligence Applications and Innovations,held in Beijing, China in 2005. A very promising sign of the growing importance of Artificial Intelligence techniques in practical applications is the large number of submissions received for the conference - more than 150. All papers were reviewed by at least two members of the Program Committee and the test 93 were selected for the conference and are included in this volume. The international nature of IFIP is amply reflected in the large number of countries represented here.
Download or read book Online and Matching Based Market Design written by Federico Echenique and published by Cambridge University Press. This book was released on 2023-04-30 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rich, multi-faceted and multi-disciplinary field of matching-based market design is an active and important one due to its highly successful applications with economic and sociological impact. Its home is economics, but with intimate connections to algorithm design and operations research. With chapters contributed by over fifty top researchers from all three disciplines, this volume is unique in its breadth and depth, while still being a cohesive and unified picture of the field, suitable for the uninitiated as well as the expert. It explains the dominant ideas from computer science and economics underlying the most important results on market design and introduces the main algorithmic questions and combinatorial structures. Methodologies and applications from both the pre-Internet and post-Internet eras are covered in detail. Key chapters discuss the basic notions of efficiency, fairness and incentives, and the way market design seeks solutions guided by normative criteria borrowed from social choice theory.
Download or read book Transfer Matrix Method for Multibody Systems written by Xiaoting Rui and published by John Wiley & Sons. This book was released on 2018-10-01 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRANSFER MATRIX METHOD FOR MULTIBODY SYSTEMS: THEORY AND APPLICATIONS Xiaoting Rui, Guoping Wang and Jianshu Zhang - Nanjing University of Science and Technology, China Featuring a new method of multibody system dynamics, this book introduces the transfer matrix method systematically for the first time. First developed by the lead author and his research team, this method has found numerous engineering and technological applications. Readers are first introduced to fundamental concepts like the body dynamics equation, augmented operator and augmented eigenvector before going in depth into precision analysis and computations of eigenvalue problems as well as dynamic responses. The book also covers a combination of mixed methods and practical applications in multiple rocket launch systems, self-propelled artillery as well as launch dynamics of on-ship weaponry. • Comprehensively introduces a new method of analyzing multibody dynamics for engineers • Provides a logical development of the transfer matrix method as applied to the dynamics of multibody systems that consist of interconnected bodies • Features varied applications in weaponry, aeronautics, astronautics, vehicles and robotics Written by an internationally renowned author and research team with many years' experience in multibody systems Transfer Matrix Method of Multibody System and Its Applications is an advanced level text for researchers and engineers in mechanical system dynamics. It is a comprehensive reference for advanced students and researchers in the related fields of aerospace, vehicle, robotics and weaponry engineering.
Download or read book Strapdown Inertial Navigation Technology written by David Titterton and published by IET. This book was released on 2004 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inertial navigation is widely used for the guidance of aircraft, missiles ships and land vehicles, as well as in a number of novel applications such as surveying underground pipelines in drilling operations. This book discusses the physical principles of inertial navigation, the associated growth of errors and their compensation. It draws current technological developments, provides an indication of potential future trends and covers a broad range of applications. New chapters on MEMS (microelectromechanical systems) technology and inertial system applications are included.
Download or read book Dynamisches Matching written by Hans D. Kespohl and published by . This book was released on 2003 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Industrial Organization written by and published by Elsevier. This book was released on 2021-12-09 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Industrial Organization Volume 4 highlights new advances in the field, with this new volume presenting interesting chapters. Each chapter is written by an international board of authors. Part of the renowned Handbooks in Economics series Chapters are contributed by some of the leading experts in their fields A source, reference and teaching supplement for industrial organizations or industrial economists
Download or read book Renewable Energy Resources Principle Of Heat Transfer written by Dr. D. Sendil Kumar and published by AG PUBLISHING HOUSE (AGPH Books). This book was released on 2023-01-18 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The environmental and economic significance of renewable energy supplies is rising rapidly worldwide. Governments throughout the world have officially acknowledged the financial viability of several renewable energy technologies and encouraged their citizens to invest in them. Numerous international organisations have launched comprehensive programmes to spread this innovation. Education in the field of renewable energy can lead to a multidisciplinary master's degree in science or engineering, or it can be a supplementary focus area for students majoring in another discipline. This book serves both as an introduction text and a reference book for practising scientists and engineers who have not received useful training in renewable energy. Also, the book has a wider application than only academic institutions, since most practising engineers and scientists would not have received a broad training in renewable energy. The physical science theory is presented first in each chapter, followed by discussion of practical applications and new findings.
Download or read book Dynamic Data Analysis written by James Ramsay and published by Springer. This book was released on 2017-06-27 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text focuses on the use of smoothing methods for developing and estimating differential equations following recent developments in functional data analysis and building on techniques described in Ramsay and Silverman (2005) Functional Data Analysis. The central concept of a dynamical system as a buffer that translates sudden changes in input into smooth controlled output responses has led to applications of previously analyzed data, opening up entirely new opportunities for dynamical systems. The technical level has been kept low so that those with little or no exposure to differential equations as modeling objects can be brought into this data analysis landscape. There are already many texts on the mathematical properties of ordinary differential equations, or dynamic models, and there is a large literature distributed over many fields on models for real world processes consisting of differential equations. However, a researcher interested in fitting such a model to data, or a statistician interested in the properties of differential equations estimated from data will find rather less to work with. This book fills that gap.
Download or read book ECAI 2016 written by G.A. Kaminka and published by IOS Press. This book was released on 2016-08-24 with total page 1860 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence continues to be one of the most exciting and fast-developing fields of computer science. This book presents the 177 long papers and 123 short papers accepted for ECAI 2016, the latest edition of the biennial European Conference on Artificial Intelligence, Europe’s premier venue for presenting scientific results in AI. The conference was held in The Hague, the Netherlands, from August 29 to September 2, 2016. ECAI 2016 also incorporated the conference on Prestigious Applications of Intelligent Systems (PAIS) 2016, and the Starting AI Researcher Symposium (STAIRS). The papers from PAIS are included in this volume; the papers from STAIRS are published in a separate volume in the Frontiers in Artificial Intelligence and Applications (FAIA) series. Organized by the European Association for Artificial Intelligence (EurAI) and the Benelux Association for Artificial Intelligence (BNVKI), the ECAI conference provides an opportunity for researchers to present and hear about the very best research in contemporary AI. This proceedings will be of interest to all those seeking an overview of the very latest innovations and developments in this field.
Download or read book Charge Transfer in Physics Chemistry and Biology written by A.M. Kuznetrsov and published by CRC Press. This book was released on 2020-09-23 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the various processes of charge transfer in physics, chemistry and biology and shows the similarities and differences between them. It focuses on the physical mechanisms of the elementary processes to demonstrate their common physical nature.
Download or read book Key Technologies of Magnetically Coupled Resonant Wireless Power Transfer written by Yiming Zhang and published by Springer. This book was released on 2017-12-21 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis focuses on the key technologies involved in magnetically coupled Wireless Power Transfer (WPT). Starting from the basic structures and theories of WPT, it addresses four fundamental aspects of these systems. Firstly, it analyzes the factors affecting transfer efficiency and compares various methods for reducing the working frequency. Secondly, it discusses frequency splitting and offers a physical explanation. Thirdly, it proposes and assesses three multiple-load transfer structures. Lastly, it investigates WPT systems with active voltage-source and current-source load. As such, the thesis offers readers a deeper understanding of WPT technology, while also proposing insightful new advances.
