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The electricity grid includes multiple network areas managed by different operators, with transmission system operators (TSOs) handling high-voltage areas and distribution system operators managing midto low-voltage areas. These areas are interconnected and synchronized, creating classical...
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Negotiation educators have long considered the use of role-play simulations an essential classroom teaching method, and have had high expectations regarding their suitability and efficacy for teaching. In this article, we review the literature, examining the degree to which simulations deliver...
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This paper introduces a simulation algorithm for evaluating the log-likelihood function of a large supermodular binary … sampling algorithm which allows for accurate likelihood simulation with modest numbers of simulation draws. …
Persistent link: https://www.econbiz.de/10014316766
A menu description presents a mechanism to player i in two steps. Step (1) uses the reports of other players to describe i's menu: the set of i's potential outcomes. Step (2) uses i's report to select i's favorite outcome from her menu. Can menu descriptions better expose strategyproofness,...
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This paper introduces a simulation algorithm for evaluating the log-likelihood function of a large supermodular binary … algorithm which allows for accurate likelihood simulation with modest numbers of simulation draws …
Persistent link: https://www.econbiz.de/10014322897