We provide a novel characterization of the feasible payoff set of a general two-player repeated game with unequal discounting. In particular, we show that generically the Pareto frontier shifts outwards and the feasible payoff set expands in the sense of set inclusion, as the time horizon...

China is believed to have gained immensely from its admission into to the World Trade Organization (WTO) in 2001. One of the direct gains comes from the lessening of deadweight loss (DWL) due to tariff reduction. Conventional measures for DWL, however, are too aggregate to capture the trade...

Over the past year we have researched the development of a network-based real-time laser-based nonintrusive field-deployable detection for the delineation of moving vehicles. The primary goal of this project is to develop a roadway detection system that can be used to gather reliable travel time...

A new version of a field-deployable real-time laser-based detection system has been developed using new techniques of electronics and optics. The laser-based non-intrusive detection system uses a laser line that is projected onto the ground as a probe. The reflected light is collected and...