This paper shows an environment for agent-based simulation of corporate strategy.

We study an agency model, in which the principal has only incomplete information about the agent's preferences, in a dynamic setting. Through repeated interaction with the agent, the principal learns about the agent's preferences and can thus adjust the inventive system. In a dynamic...

We present an exhaustive computational study of algorithms for two-person allocation of indivisible objects. We identify eight algorithms that generate balanced allocations using only players' ordinal rankings and test them over all possible rankings of up to N = 12 items. Algorithms are...

Sharing platforms such as Airbnb provide rich information on the good or service to be exchanged, as well as elaborate mechanisms to protect against fraud. Thus, one could argue that contracts concluded via such platforms achieve a high level of completeness. According to economic theory, the...