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Multidimensional Mechanism Design:Revenue Maximization and the Multiple-Good Monopoly
extreme point faces non-linear pricing monopoly pricing multi-dimensional screening incentive compatibility adverse selection mechanism design
2015/9/23
The seller of N distinct objects is uncertain about the buyer’s valuation for those objects. The seller’s problem, to maximize expected revenue, consists of maximizing a linear functional over a conve...
Bundling As An Optimal Selling Mechanism For A Multiple-Good Monopolist
auctions monopoly pricing price discrimination multi-dimensional mechanism design incentive compatibility adverse selection
2015/9/23
Multiple objects may be sold by posting a schedule consisting of one price for each possible bundle and permitting the buyer to select the price-bundle pair of his choice. We identify conditions that ...
The Monetary Transmissions Mechanism: An Empirical Framework
Monetary Transmissions Mechanism Empirical Framework
2015/8/4
The purpose of this paper is to present a simple framework for analyzing
the monetary transmission mechanism: the process through which monetary
policy decisions are transmitted into changes in real...
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Monetary Transmission Mechanism Monetary Policy
2015/8/4
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules
Monetary Policy Rules The Monetary Transmission Mechanism
2015/8/3
The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules.
An Ancillary Services Payment Mechanism for the Chilean Electricity Supply Industry
Services Payment Mechanism Chilean Electricity Supply
2015/7/31
This report proposes an ancillary services payment mechanism for the Chilean electricity
supply industry. This is accomplished in three steps. The first section presents a set of economic
principl...
An Ancillary Services Payment Mechanism for the Chilean Electricity Supply Industry
Services Payment Mechanism Chilean Electricity Supply
2015/7/31
This report proposes an ancillary services payment mechanism for the Chilean electricity
supply industry. This is accomplished in three steps. The first section presents a set of economic
principl...
We interpret an ìequality matchingîrelationship as a chips mechanism, and we characterize the optimal chips mechanism in a repeated favor-exchange game. We then compare the optimal chips mechanis...
Grey prediction with rolling mechanism for electricity demand forecasting of Turkey
Electricity demand Forecasting Grey prediction
2014/11/27
The need for energy supply, especially for electricity, has been increasing in the last two decades in Turkey. In addition, owing to the uncertain economic structure of the country, electricity consum...
Auction Mechanism Design in Wholesale Electricity Market Considering Impacts of Long-term Contract
long-term contract wholesale electricity market
2014/11/27
In wholesale electricity market, a generator with cost information advantage will submit a bid higher than its true cost, which may reduce the market efficiency. To solve this problem, this article de...
Dynamic Mechanism Design: A Myersonian Approach
Asymmetric information stochastic processes incentives mechanism design envelope theorems
2014/9/9
We study mechanism design in dynamic quasilinear environments where private information arrives over time and decisions are made over multiple periods. We make three contributions. First, we provide a...
The World Economy—The Trend and Mechanism of Intergenerational Income Mobility in China: An Analysis from the Perspective of Human Capital, Social Capital and Wealth
The World Economy The Trend and Mechanism of Intergenerational Income Mobility in China An Analysis from the Perspective of Human Capital Social Capital Wealth
2014/1/13
The World Economy—The Trend and Mechanism of Intergenerational Income Mobility in China: An Analysis from the Perspective of Human Capital, Social Capital and Wealth。
Budget Feasible Mechanism Design:From Prior-Free to Bayesian
Mechanism design, budget feasible, prior-free, Bayesian, submodular, subadditive, approximation
2012/12/3
Budget feasible mechanism design studies procurement combinatorial auctions in which the sellers have private costs to produce items, and the buyer (auctioneer) aims to maxi mize a social valuation fu...
Clean Development Mechanism Cooperation in China
CDM Climate Change the CDM International Cooperation the Kyoto Protocol
2013/2/25
The Clean Development Mechanism (CDM) is an arrangement under the Kyoto Protocol allowing developed countries with a greenhouse gas reduction commitment to invest in projects that reduce emissions in ...
The Analysis on Financial Cooperative Controlling Mechanism of Enterprise Group
Enterprise Group Financial Cooperative Control Mechansim Value Effect
2013/2/23
As the core of modern market economy, enterprise group is an advanced form of organization after productive forces reached to a certain stage. For the reason of complexity and specificity of organizat...