Download or read book Information Incentives and Economic Mechanisms written by Theodore Groves and published by U of Minnesota Press. This book was released on 1987 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Printbegrænsninger: Der kan printes 10 sider ad gangen og max. 40 sider pr. session

Download or read book Communication in Mechanism Design written by Steven R. Williams and published by Cambridge University Press. This book was released on 2008-06-02 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mechanism design is the field of economics that treats institutions and procedures as variables that can be selected in order to achieve desired objectives. An important aspect of a mechanism is the communication among its participants that it requires, which complements other design features such as incentives and complexity. A calculus-based theory of communication in mechanisms is developed in this book. The value of a calculus-based approach lies in its familiarity as well as the insight into mechanisms that it provides. Results are developed concerning (i) a first order approach to the construction of mechanisms, (ii) the range of mechanisms that can be used to achieve a given objective, as well as (iii) lower bounds on the required communication.

Download or read book Allocation Information and Markets written by John Eatwell and published by Springer. This book was released on 1989-09-21 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.

Download or read book Handbook of Social Economics SET 1A 1B written by Jess Benhabib and published by Newnes. This book was released on 2011 with total page 1509 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function

Download or read book Randomization and Computation in Strategic Settings written by Shaddin Faris Dughmi and published by Stanford University. This book was released on 2011 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis considers the following question: In large-scale systems involving many self-interested participants, how can we effectively allocate scarce resources among competing interests despite strategic behavior by the participants, as well as the limited computational power of the system? Work at the interface between computer science and economics has revealed a fundamental tension between the economic objective, that of achieving the goals of the system designer despite strategic behavior, and the computational objective, that of implementing aspects of the system efficiently. In particular, this tension has been most apparent in systems that allocate resources deterministically. The realization that careful use of randomization can reconcile economic and computational goals is the starting point for this thesis. Our contributions are twofold: (1) We design randomized mechanisms for several fundamental problems of resource allocation; our mechanisms perform well even in the presence of strategic behavior, and can be implemented efficiently. (2) En route to our results, we develop new and flexible techniques for exploiting the power of randomization in the design of computationally-efficient mechanisms for resource allocation in strategic settings.

Download or read book The Collected Papers of Leonid Hurwicz written by Samiran Banerjee and published by Oxford University Press. This book was released on 2022 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Funded in part by The Heller-Hurwicz Economics Institute, University of Minnesota"--Title page.

Download or read book Enterprise Information Systems written by Slimane Hammoudi and published by Springer. This book was released on 2016-02-02 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains revised papers from the 17th International Conference on Enterprise Information Systems, ICEIS 2015, held in Barcelona, Spain, in April 2015. The 31 papers presented in this volume were carefully reviewed and selected from a total of 327 submissions. The book also contains one full-paper invited talk. The selected papers reflect state-of-the-art research that is oriented toward real-world applications and highlight the benefits of information systems and technology for industry and services. They are organized in topical sections on databases and information systems integration, artificial intelligence and decision support systems, information systems analysis and specification, software agents and Internet computing, human–computer interaction, and enterprise architecture.

Download or read book Applied Bayesian Hierarchical Methods written by Peter D. Congdon and published by CRC Press. This book was released on 2010-05-19 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of Markov chain Monte Carlo (MCMC) methods for estimating hierarchical models involves complex data structures and is often described as a revolutionary development. An intermediate-level treatment of Bayesian hierarchical models and their applications, Applied Bayesian Hierarchical Methods demonstrates the advantages of a Bayesian approach

Download or read book Memory Controllers for Real Time Embedded Systems written by Benny Akesson and published by Springer Science & Business Media. This book was released on 2011-09-15 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Verification of real-time requirements in systems-on-chip becomes more complex as more applications are integrated. Predictable and composable systems can manage the increasing complexity using formal verification and simulation. This book explains the concepts of predictability and composability and shows how to apply them to the design and analysis of a memory controller, which is a key component in any real-time system.

Download or read book Discrete Choice Methods with Simulation written by Kenneth Train and published by Cambridge University Press. This book was released on 2009-07-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

Download or read book Economic Institutions in a Dynamic Society Search for a New Frontier written by Takashi Shiraishi and published by Springer. This book was released on 1989-07-31 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a compilation of the proceedings and papers presented at an international conference on the organization of economic institutions in a dynamic society which includes detailed comment and discussion sections following each lecture.

Download or read book Mechanisms and Games for Dynamic Spectrum Allocation written by Tansu Alpcan and published by Cambridge University Press. This book was released on 2013-12-19 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting state-of-the-art research into methods of wireless spectrum allocation based on game theory and mechanism design, this innovative and comprehensive book provides a strong foundation for the design of future wireless mechanisms and spectrum markets. Prominent researchers showcase a diverse range of novel insights and approaches to the increasing demand for limited spectrum resources, with a consistent emphasis on theoretical methods, analytical results and practical examples. Covering fundamental underlying principles, licensed spectrum sharing, opportunistic spectrum sharing, and wider technical and economic considerations, this singular book will be of interest to academic and industrial researchers, wireless industry practitioners, and regulators interested in the foundations of cutting-edge spectrum management.

Download or read book Agent Mediated Electronic Commerce Designing Trading Agents and Mechanisms written by Han La Poutré and published by Springer Science & Business Media. This book was released on 2006-10-11 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-proceedings of the 7th International Workshop on Agent-Mediated Electronic Commerce, AMEC VII 2005, held in Utrecht, Netherlands in July 2005, as part of AAMAS 2005, and the third Workshop on Trading Agent Design and Analysis, TADA 2005, held in Edinburgh, UK in August 2005, in the course of the IJCAI 2005 conference meetings. The seven revised full AMEC 2005 papers presented were carefully selected.

Download or read book Business Modelling written by Clyde Holsapple and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business modelling is a vast arena of research and practice, which is gaining increasing important in the rapid development of e-commerce, globalization, and in particular, the movement toward global e-business. The ability to utilize advanced computing technology to model, analyse and simulate various aspects of ever-changing businesses has made a significant impact on the way businesses are designed and run these days. With the current global e-business and e-commerce initiatives, it has become important that all businesses carefully validate their business objectives, requirements, and strategies through a careful process of formal business modelling. It is important for effective enterprise decision making to have clear, concise business models that allow the extraction of critical value from business processes and specify the rules to be globally enforced. Particularly in e-business specifications, the need to be unambiguous, accurate, and complete becomes even greater, because there may be no human mediator or agent to rely on in complex or unforeseen situations. Business Modelling: Multidisciplinary Approaches - Economics, Operational, and Information Systems Perspectives, arranged in three parts, brings scholarly perspectives from various disciplines to bear on some of the critical aspects of business modeling. The first part (chapters 1-8) focuses on business modelling fundamentals and starts with a series of economics and operations research perspectives. The second part (chapters 9-19) concentrates on modelling in electronic businesses and focuses on Management Information Systems and Decision Support Systems. The third part (chapters 20-22) centers on multidisciplinary business modelling progress, in particular on the seminal work of Professor Andrew B. Whinston.

Download or read book Experimental Foundations of Political Science written by Donald R. Kinder and published by University of Michigan Press. This book was released on 1993 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows the range and power of experimental methods in political science

Download or read book Architecting for Scale written by Lee Atchison and published by "O'Reilly Media, Inc.". This book was released on 2020-02-28 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day, companies struggle to scale critical applications. As traffic volume and data demands increase, these applications become more complicated and brittle, exposing risks and compromising availability. With the popularity of software as a service, scaling has never been more important. Updated with an expanded focus on modern architecture paradigms such as microservices and cloud computing, this practical guide provides techniques for building systems that can handle huge quantities of traffic, data, and demand—without affecting the quality your customers expect. Architects, managers, and directors in engineering and operations organizations will learn how to build applications at scale that run more smoothly and reliably to meet the needs of customers. Learn how scaling affects the availability of your services, why that matters, and how to improve it Dive into a modern service-based application architecture that ensures high availability and reduces the effects of service failures Explore the Single Team Owned Service Architecture paradigm (STOSA)—a model for scaling your development organization in tandem with your application Understand, measure, and mitigate risk in your systems Use the cloud to build highly scalable applications

Download or read book Value of needs and purchasing power written by Vincenzo Felline and published by Edizioni del Faro. This book was released on 2020-04-01 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do we pay enough to have a glass of water when we’re thirsty? And to have the latest smartphone? And when I’m going to make a gift or a donation to an individual or an institution, can I determine the right value of what I’m giving or donating? And again: what do we feel is really worrying about climate change? And what is troubling us about the migratory movements of entire populations? And what do we really know about our use of currency? If we go deeper into the subject (indeed the competence of the medical and social sciences) of the needs of the human being, the economy allows us to give a fair answer to these questions. Being able to measure one’s own needs and those of others allows us to act rationally in the face of these questions and many others that also concern the search for the right gratification in human and social behavior.