Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 29 for “"competitive equilibrium"”.
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Algorithms for fair division through competitive equilibrium
… allocation. While many fairness notions exist, competitive equilibrium (CE) is often the most preferred as it satisfies multiple other fairness properties simultaneously. The approach creates a fictitious market for the items by endowing agents with virtual currency. In an equilibrium, aggregate …
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Resource allocation of the human brain : a competitive equilibrium approach
… The mechanism is based on the theory of competitive equilibrium (CE), where users (cortical areas of the brain) are competing for a finite resource such as oxygenated blood. Concepts of CE are mathematically adjusted to be used with functional magnetic resonance imaging (FMRI) data. The …
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Existence of competitive equilibria in combinatorial auctions
Competitive equilibrium provides a natural steady state for iterative combinatorial auctions that maximize social welfare, and therefore the first step in auction design is to establish its existence. Recent work by Baldwin and Klemperer (2012) has proved that the "demand type" of valuations being …
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Incentivizing Data Contributions in Decentralized Collaborative Learning
… incentivize users to contribute more than in the competitive equilibrium by penalizing deviations. However, a central controller with access to all the data may raise privacy concerns. In this work, we construct a decentralized collaborative protocol in which users share data without relying on a …
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Design and operation of electricity markets: dynamics, uncertainty, pricing and competition
… to the evaluation of the suitability of competitive equilibrium as the market design model in the presence of physical characteristics of electricity system. The standard conclusions of competitive equilibrium theory are extended in a general dynamic setting, but analytical results show …
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Investment and human capital externalities: knowledge spillovers
… and Pareto inefficiency generate in the competitive equilibrium. More specifically aims to: Analyzing decisions of households of investing in human capital and trade-offs faced by these agents; Investigating complementarity between physical and human capital in technology and its …
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A General Equilibrium Model for the Incidence of the Payroll Tax
A static, general equilibrium model of the U.S. economy with a number of consumer groups and industrial sectors is built to analyze the incidence of the payroll tax. A proof of the existence of a competitive equilibrium in an economy with a social security agency which acts independently of the …
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Intra-Household Decision Making
… from Household Formation," I introduce a general equilibrium model, wherein a household may consist of more than one member, each with their own preferences and endowments. In these models at first, individuals form households. Then, collective decisions (or bargaining) within the household …
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Dynamic trading and manipulation in financial markets
… even if investors are fully rational. The equilibrium risk taking by managers has interesting implications on investors' evaluation of manager's skill under normal market conditions and upon crash. Excessive risk taking reduces welfare of investor as well as unskilled managers, which calls …
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Aspects of pricing behaviour and long-run competitive adjustment in industrial markets with implications for competition policy
… doctoral thesis examine economic aspects of the competitive process in mature product industrial markets and draw implications for competition policy. The analysis of price competition relates patterns of price leadership and discount competition to features of market structure (using the UK …
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Essays on Macroeconomics and Labor Economics
… only type of inefficiency that may arise in the competitive equilibrium is dynamic inefficiency, either in the form of under- and over-accumulation. Introducing childcare subsidies or estate tax creates short-run distortions, whereas a pay-as-you-go social security system can eliminate dynamic …
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Three essays on international trade
… subject to mistakes. In the unique free trade equilibrium, countries with lower probabilities of making mistakes at all stages specialize in later stages of production. Using this simple theoretical framework, it offers a first look at how vertical specialization shapes the interdependence of …
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Three essays on market power in Chile's electricity industry
… industry is modeled as a Cournot duopoly with a competitive fringe; particular care is given to the hydro scheduling decision. Quantitative simulations of the strategic behavior of generators indicate that the largest generator (" Endesa") would have the incentive and ability to exercise market …
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Optimization and control of Distributed Energy Resources in electric power distribution grids
… can ensure this balance. We adopt the concept of competitive equilibrium from microeconomics as a market-clearing mechanism, defining it as a pair of resource allocation and prices that maximizes individual agent payoffs while ensuring market clearance. The social acceptance of the resource price …
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Optimization and control of Distributed Energy Resources in electric power distribution grids
… can ensure this balance. We adopt the concept of competitive equilibrium from microeconomics as a market-clearing mechanism, defining it as a pair of resource allocation and prices that maximizes individual agent payoffs while ensuring market clearance. The social acceptance of the resource price …
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Auctions, Equilibria, and Budgets
… is to investigate if and when the market is in "equilibrium", </p><p>meaning that every item is assigned a price, every agent gets her utility-maximizing subset of items under the current prices, and every unallocated item is priced at zero. </p><p>First, we consider the setting of multiple …
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Transmission Capacity Effects on Market Inefficiencies in the California Electrical Network
… and Joskow and Kahn(2002), that calculate the competitive benchmark price to meet aggregate market demand in the absence of network constraints. The California market data shows that transmission congestion segments market. Finite transmission capacity may not allow inframarginal plants to …
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Fairness and optimality in trading
… literature, namely the Social Welfare and the Competitive Equilibrium schemes, do not compromise efficiency and fairness effectively. To this end, we suggest an approach that utilizes popular and well-accepted resource allocation ideas from the field of communications and economics, such as …
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Search and optimization with randomness in computational economics: equilibria, pricing, and decisions
… First, we address the smoothed analysis of Nash equilibrium computation. Second, we address two pricing problems in mechanism design, and solve two economically motivated stochastic optimization problems. Computing Nash equilibria is a central question in the game-theoretic study of economic …
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