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We characterize revenue maximizing mechanisms in a common value environment where the value of the object is equal to the highest of bidders' independent signals. The optimal mechanism exhibits either neutral selection, wherein the object is randomly allocated at a price that all bidders are...
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The introduction of next-generation technologies to the maritime shipping industry, including Portable Pilotage Units, Remote Pilotage, advanced situation awareness aids, and Autonomous Shipping, creates an urgent need to understand operator workload during Bridge Team operations, and...
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