We study bankruptcy rules in a setting where individuals have state contingent claims. A rule must distribute shares before uncertainty resolves. Within a wide class of parametric rules, we first characterize rules of ex-ante form in terms of the way that the rule processes inherent uncertainty...

We study bankruptcy rules in a setting where individuals have state contingent claims. A rule must distribute shares before uncertainty resolves. Within a wide class of parametric rules, we first characterize rules of ex–ante form in terms of the way that the rule processes inherent...

Sentiment Analysis shows, for example, the emotions or feelings present behind any social media message blog post, Facebook status or tweet. This information is essential to understand the feelings of the author which play a critical role in influencing the readers. Any individual's social...

Multiplication between two square matrices is one of the fundamental computational approach in the domain of mathematics and computer science where it is fully recognized as a fore most technique for several interdisciplinary domain and sub domains like linear algebra, graph theory,...

The clustering problem has been addressed in many contexts and by researchers in many disciplines; this reflects its broad appeal and usefulness as one of the steps in exploratory data analysis. Clustering is the unsupervised classification of patterns into groups. However, clustering...

Motivated by school admission systems used in, e.g., Turkey and Sweden, this paper investigates a sequential two-stage admission system with public and private schools. To perform the analysis, relevant axioms and equilibrium notions need to be tailored for the considered dynamic setting. In...

We consider the problem of sharing the cost of a network that meets the connection demands of a set of agents. The agents simultaneously choose paths in the network connecting their demand nodes. A mechanism splits the total cost of the network formed among the participants. We introduce two new...

We consider the problem of sharing the cost of a network that meets the connection demands of a set of agents. The agents simultaneously choose paths in the network connecting their demand nodes. A mechanism splits the total cost of the network formed among the participants. We introduce two new...

In chapter 1, we consider the possibility of Secure Implementation in Production Economies beyond the result provided in the Saijo et al. (2007) paper. We find a large class of SCFs to be securely implementable. The serial SCF and the widely studied Fixed Path SCFs which contains serial SCF as a...