Game theoretic modeling involves making assumptions on agents' infinite hierarchies of beliefs. These assumptions are understood to be only approximately satisfied in the actual situation. Thus, the significance of game theoretic predictions depend on robustness properties of the solution...

[This item is a preserved copy. To view the original, visit http://econtheory.org/] In a general interdependent preference environment, we characterize when two payoff types can be distinguished by their rationalizable strategic choices without any prior knowledge of their beliefs and higher...

"In 1968, Hardin argued that all commonly-owned resources would tragically be depleted unless private ownership was granted. There are many case studies which prove Hardin wrong. Common-pool resources have been managed with success. However, this success does not imply (as some believe) that...

Simultaneous ascending auctions present agents with various strategic problems, depending on preference structure. As long as bids represent non-repudiable offers, submitting noncontingent bids to separate auctions entails an exposure problem: bidding to acquire a bundle risks the possibility of...

Auctions are an ancient economic institution. Since Vickrey (1961), the development of auction theory has lead to an extremely detailed description of the often desirable characteristics of these simple selling procedures, in the process explaining their enduring popularity. Given the...

Studies on mechanism design mostly focus on a single market where sellers and buyers trade. This paper examines the problem of mechanism design for capacity allocation in two connected markets where a supplier allocates products to a set of retailers and the retailers resale the products to...

Mechanism design uses game theory to analyze how to construct mechanisms that give agents incentives to produce an outcome as optimal as possible for the mechanism designer. My dissertation is on robust mechanism design, where the mechanism designer has a great deal of uncertainty about what...

Authorised users (insiders) are behind the majority of security incidents with high financial impacts. Because authorisation is the process of controlling users? access to resources, improving authorisation techniques may mitigate the insider threat. Current approaches to authorisation suffer...

As the world's largest carbon resources country with relatively great carbon emission, China in has just started its carbon trade. China is only a passive participant in international carbon trading market, rarely participating in the project of Clean Development Mechanism (CDM). Therefore,...

We discuss the strategic behavior of agents on a financial market in the presence of a central bank which is borrowing and lending money.