The effect on housing prices of policies that promote educational equity is inconclusive. This paper first presents a theoretical model to investigate the impact of policies that reduce the probability of entrance to prestigious schools and derives testable predictions on housing prices. Then,...

The evolution equation determines how frequencies of strategies in the population change (Traulsen & Hauert (2009)), where the change indicates velocities (Bowles (2004),Weibull (1997),Sigmund (2010)). In this paper, based on the laboratory Rock-Paper-Scissors (RPS) game experiments and from the...

The effect of policies that promote educational equity on housing prices is inclusive. We first present a theoretical model to investigate the impact of policies that reduce the prestigious school entrance probability and derive testable predictions on housing prices. Then, we use a unique...

In many practical problems, both decision and estimation are involved. This dissertationintends to study the relationship between decision and estimation in these problems, so thatmore accurate inference methods can be developed.Hybrid estimation is an important formulation that deals with state...

We study multi-agent security design in the presence of coordination frictions. A principal intends to develop a project whose value increases with an unknown state and the level of agents’ participation. To motivate the participation of ex-ante homogeneous agents, the principal offers them...

We study how organizations can exist to facilitate coordination in a diverse population by mitigating strategic uncertainty. Members of an organization are obliged to take collective actions, which mitigates strategic uncertainty. But some actions may be detrimental to some members, thus...