Now showing items 31-40 of 192
Characterization of optima in smooth Pareto economic systems
(Elsevier, 1975)
Simple techniques of calculus and geometry are used to study and characterize the optima of pure exchange economies in which the utility functions are smooth but not necessarily convex. It is also shown how one can reduce ...
On the effects of federal capital taxation on growing and declining areas
(Elsevier, 1983-09)
It has often been claimed that measures designed to stimulate capital formation at the national level will accelerate the decline of regions that are not growing. A number of simple models are employed to evaluate this ...
Evaluating and Selecting Digital Payment Mechanisms
(1997)
The Internet is growing rapidly as a marketplace for the exchange of both tangible and information goods and services. Numerous payment mechanisms suitable for use in this marketplace are in various stages of development. ...
Modeling and analyzing HIV transmission: the effect of contact patterns
(Elsevier, 1988-12)
A compartmental model is presented for the spread of HIV in a homosexual population divided into subgroups by degree of sexual activity. The model includes constant recruitment rates for the susceptibles in the subgroups. ...
Bilateral Negotiation With Fees
(1999)
Bilateral negotiation over a single good or service is a fundamental problem for automated systems, and is surprisingly resistant to general solutions. In this paper we offer advice and new results for the design of ...
Self-Confirming Price Prediction for Bidding in Simultaneous Ascending Auctions
(2005-07)
Simultaneous ascending auctions present agents
with the exposure problem: bidding to acquire a
bundle risks the possibility of obtaining an undesired
subset of the goods. Auction theory provides
little guidance for ...
The Role of Responsive Pricing in the Internet
(MIT Press, 1996)
The recent introduction of user-friendly navigation and retrieval tools for the World Wide Web has triggered an unprecedented level of interest in the Internet among the media and the general public, as well as in the ...
Two-sided Learning in an Agent Economy for Information Bundles
(2000)
Commerce in information goods is one of the earliest emerging applications for intelligent agents in commerce. However, the fundamental characteristics of information goods mean that they can and likely will be offered in ...
Generalized Vickrey Auctions
(1994-07)
We describe a generalization of the Vickrey auction. Our mechanism extends the auction to implement efficient allocations for problems with more than one good, multiple units for the goods, and externalities. The primary ...
A disaggregated model of world production and trade: An estimate of the impact of the Tokyo Round
(Elsevier, 1981-05)
We present in this paper a computational model of world production, trade, and employment that is disaggregated by country and sector and report on the application of the model to the changes in tariffs and quantifiable ...