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We consider a demand management problem in an energy community, in which several users obtain energy from an external organization such as an energy company and pay for the energy according to pre-specified prices that consist of a time-dependent price per unit of energy as well as a separate...
Persistent link: https://www.econbiz.de/10012607393
During the pandemic, school districts have adopted hybrid schedules to continue the education of the students while … only in the same group can physically attend class together two days a week. School districts do not take preferences of … the students/parents over the days they would like to come to school into account during this procedure. In this paper, we …
Persistent link: https://www.econbiz.de/10012503806
In this paper, we study the Nash implementation in an allocation problem with single-dipped preferences. We show that, with at least three agents, Maskin monotonicity is necessary and sufficient for implementation. We examine the implementability of various social choice correspondences (SCCs)...
Persistent link: https://www.econbiz.de/10009753711
The literature on strategic ambiguity in classical games provides generalized notions of equilibrium in which each player best responds to ambiguous or imprecise beliefs about his opponents' strategic choices. In a recent paper, strategic ambiguity has been extended to psychological games, by...
Persistent link: https://www.econbiz.de/10015075934
This article is an overview of recent progress on a theory of games, whose payoffs are probability distributions rather than real numbers, and which have their equilibria defined and computed over a (suitably restricted yet dense) set of distributions. While the classical method of defining game...
Persistent link: https://www.econbiz.de/10014418196
) -dimensional simplex. This class of m-dimensional Bayesian games, via their equivalence with uniform multigames, can model decision … making in multi-environments in a variety of circumstances, including decision making in multi-markets and decision making …
Persistent link: https://www.econbiz.de/10012007006
, people may behave as if they would perform a non-strategic decision making task when in fact they are playing a proper game …
Persistent link: https://www.econbiz.de/10011993280
We propose a new family of mechanisms, whereby players may give more or less directly to one another. A cornerstone case is the regular linear public goods mechanism (LPGM), where all contribute into a single common group account, the total amount of which is then distributed equally among...
Persistent link: https://www.econbiz.de/10012061924
Small changes to the parameters of a system can lead to abrupt qualitative changes of its behavior, a phenomenon known as bifurcation. Such instabilities are typically considered problematic, however, we show that their power can be leveraged to design novel types of mechanisms. Hysteresis...
Persistent link: https://www.econbiz.de/10011849315
Each year, millions of middle school graduates in China take a standardized test and compete for high school positions … policy in Guangzhou's high school admission. …
Persistent link: https://www.econbiz.de/10012503789