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Resource Allocations In Multi Stage Contests
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Book Synopsis Resource Allocations in Multi-stage Contests by : Aner Sela
Download or read book Resource Allocations in Multi-stage Contests written by Aner Sela and published by . This book was released on 2021 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study best-of-k contests (k=2,3) between two players. The players have heterogeneous resource budgets that decrease within the stages proportionally to the resource allocated in the previous stages such that for each resource unit that a player allocates, he loses [alpha] (the fatigue parameter) units of resources from his budget. We show that in both contest forms, independent of the values of the fatigue parameters, each player allocates his smallest resource in the last stage. In the best-of three contest where there are different fatigue parameters for each of the two first stages, a sufficient condition that the resource allocation in the first stage is larger than in the second one is that the value of the fatigue parameter of the first stage is smaller than or equal to the value of the fatigue parameter of the second stage. We also show that in the best-of-three contest, if the fatigue parameters are sufficiently large (approaches one), both players allocate almost all their resource budgets in the first two stages such that they have no resources left for the last stage in which the winner might be decided.
Book Synopsis Dynamic Resource Allocation in Team Contests with Imperfectly Discriminatory Elimination by : Xutang Sun
Download or read book Dynamic Resource Allocation in Team Contests with Imperfectly Discriminatory Elimination written by Xutang Sun and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a class of multi-stage imperfectly discriminatory team contests with Blotto budgets and complete information. We fully characterize the pure strategy Nash equilibrium for this class of contests under certain basic assumptions, and show that in the two-stage case, there will be a unique pure strategy Nash equilibrium. In equilibrium, the effect of not very strong intra-group endowment differences will be completely erased, and the contest will show a strong ``intra-team fairness'' property. When the contest is extended to three or more stages, there will be still a unique symmetric equilibrium, but will also exist a continuum of asymmetric equilibria. The equilibrium outcome under the 3+ stage setting still maintains ``the generalized intra-group fairness'' property, which means that the combat units in the same superior combat unit in the previous stage, will invest the same resources in this stage.
Book Synopsis Multi-stage Resource Allocation Under Uncertainty by : G. Calafiore
Download or read book Multi-stage Resource Allocation Under Uncertainty written by G. Calafiore and published by . This book was released on 2003 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Resource Allocation Contests written by and published by . This book was released on 2013 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Collection of Surveys on Market Experiments by : Charles Noussair
Download or read book A Collection of Surveys on Market Experiments written by Charles Noussair and published by John Wiley & Sons. This book was released on 2013-11-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprised of 10 surveys by leading scholars, this collection showcases the largest and fastest growing strands of research on market behaviour in experimental economics. Covers topics such as asset markets, contests, environmental policy, frictions, general equilibrium, labour markets, multi-unit auctions, oligopoly markets, and prediction markets Focuses on the literature that has helped economists best understand how markets operate Assesses the impact of developments in theory, policy, and research methods
Book Synopsis High-Speed Railway Operation Under Emergent Conditions by : Limin Jia
Download or read book High-Speed Railway Operation Under Emergent Conditions written by Limin Jia and published by Springer Nature. This book was released on 2021-07-17 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the current development status of high-speed railways globally and analyzes their operational schemes and practices under emergent conditions. It covers methods and problem-solving philosophy with regard to complexity analysis, capacity evaluation, passenger-flow forecasts, operating strategies, passenger-flow allocation, resource allocation and supporting technologies in the context of serious accidents and adverse environmental influences on train operation and service organization of high-speed railways. The abnormal scenarios, emergent conditions, adverse events and corresponding theoretical and applicational solutions dealing with the train operation both in line and network scale are all from real-world cases related to and designed for Chinese high-speed railway network which is the largest in scale, the highest in complexity and the most difficult in tackling with the complex and diverse climate and geographical environment , and thus makes the book both theoretically rigorous and practically applicable. It not only helps readers consider the train and network interactions from the perspective of complexity science, but also provides them with a philosophical framework and approaches available to construct their own roadmap and problem-solving paradigms in their daily research or management. This book is suitable for researchers, postgraduates and managerial and engineering practitioners in railway-related fields, especially in high-speed railway operation and emergency management.
Book Synopsis Military Cost-Benefit Analysis by : Francois Melese
Download or read book Military Cost-Benefit Analysis written by Francois Melese and published by Routledge. This book was released on 2015-03-27 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive book on Military Cost-Benefit Analysis and provides novel approaches to structuring cost-benefit and affordability analysis amidst an uncertain defense environment and cloudy fiscal prospects. Lifting the veil on military Cost-Benefit Analysis, this volume offers several new practical tools designed to guide defense investments (and divestments), combined with a selection of real-world applications. The widespread employment of Cost-Benefit Analysis offers a unique opportunity to transform legacy defense forces into efficient, effective, and accountable 21st century organizations. A synthesis of economics, statistics and decision theory, CBA is currently used in a wide range of defense applications in countries around the world: i) to shape national security strategy, ii) to set acquisition policy, and iii) to inform critical investments in people, equipment, infrastructure, services and supplies. As sovereign debt challenges squeeze national budgets, and emerging threats disrupt traditional notions of security, this volume offers valuable tools to navigate the political landscape, meet calls for fiscal accountability, and boost the effectiveness of defense investments to help guarantee future peace and stability. A valuable resource for scholars, practitioners, novices and experts, this book offers a comprehensive overview of Military Cost-Benefit Analysis and will appeal to anyone interested or involved in improving national security, and will also be of general interest to those responsible for major government programs, projects or policies.
Book Synopsis From Resource Allocation to Strategy by : Joseph L. Bower
Download or read book From Resource Allocation to Strategy written by Joseph L. Bower and published by Oxford University Press, USA. This book was released on 2005-10-27 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bower and Clark G.
Book Synopsis OECD Multi-level Governance Studies Making Decentralisation Work in Chile Towards Stronger Municipalities by : OECD
Download or read book OECD Multi-level Governance Studies Making Decentralisation Work in Chile Towards Stronger Municipalities written by OECD and published by OECD Publishing. This book was released on 2017-09-19 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a comprehensive analysis of the challenges confronting Chile’s centralised growth model and recommendations towards developing a more integrated territorial approach.
Download or read book Contest Theory written by Milan Vojnović and published by Cambridge University Press. This book was released on 2016-02-04 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contests are prevalent in many areas, including sports, rent seeking, patent races, innovation inducement, labor markets, scientific projects, crowdsourcing and other online services, and allocation of computer system resources. This book provides unified, comprehensive coverage of contest theory as developed in economics, computer science, and statistics, with a focus on online services applications, allowing professionals, researchers and students to learn about the underlying theoretical principles and to test them in practice. The book sets contest design in a game-theoretic framework that can be used to model a wide-range of problems and efficiency measures such as total and individual output and social welfare, and offers insight into how the structure of prizes relates to desired contest design objectives. Methods for rating the skills and ranking of players are presented, as are proportional allocation and similar allocation mechanisms, simultaneous contests, sharing utility of productive activities, sequential contests, and tournaments.
Book Synopsis Regional Government Competition by : Chen Yunxian
Download or read book Regional Government Competition written by Chen Yunxian and published by Routledge. This book was released on 2018-12-07 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph provides a coherent and systematic explanation of China’s regional economic development from the perspective of regional government competition. It gives an almost unknown exposition of the mechanisms of China's regional economic development, with numerous supporting cases drawn from both China and elsewhere. This book is an invaluable resource for anyone interested to learn more particularly the development and transformation of China’s regional economy from both the Chinese and global perspectives.
Book Synopsis Issues in General Economic Research and Application: 2013 Edition by :
Download or read book Issues in General Economic Research and Application: 2013 Edition written by and published by ScholarlyEditions. This book was released on 2013-05-01 with total page 1193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues in General Economic Research and Application: 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Theoretical Economics. The editors have built Issues in General Economic Research and Application: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Theoretical Economics in this book to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in General Economic Research and Application: 2013 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.
Book Synopsis The Dual-Entity of Market Competition by : Yunxian Chen
Download or read book The Dual-Entity of Market Competition written by Yunxian Chen and published by Routledge. This book was released on 2021-12-28 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between the government and the market lies at the heart of Economics as a discipline. This title approaches this issue with a new lens termed mezzoeconomics—A branch of modern economics that mainly studies regional economic entities and the allocation of regional resources after they are generated. Combining mezzoeconomic theory with practice in the light of China’s Reform and Opening-up, the author analyzes the regional governments’ participation in market competition, the dual entities (enterprises and regional governments) of market competition, and a mature market economy featuring a strong form of effective government and efficient market. Three corresponding theories are proposed—the Regional Government Competition Theory, the Dual-Entity of Market Competition Theory (DEMC), and the “Double Strong Forms” Theory. The author hopes that these theories of mezzoeconomics can build a new, effective theoretical model and serve as a guidance for regional governments to reform and innovate their governance philosophy and policies. This book will be of keen interest to students and scholars of economics and regional governance.
Book Synopsis Multi-Modal Competition and the Future of Mail by : Michael A. Crew
Download or read book Multi-Modal Competition and the Future of Mail written by Michael A. Crew and published by Edward Elgar Publishing. This book was released on 2012 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compilation of original papers selected from the 19th Conference on Postal and Delivery Economics and authored by an international cast of economists, lawyers, regulators and industry practitioners addresses perhaps the major problem that has ever faced the postal sector – electronic competition from information and communication technologies (ICT). This has increased significantly over the last few years with a consequent serious drop in mail volume. All postal services have been hard hit by ICT, but probably the hardest hit is the United States Postal Service, which has lost almost a quarter of its mail volume since 2007. The loss of mail volume has a devastating effect on scale economies, which now work against post offices, forcing up their unit costs. Strategies to stem the loss in volume include non-linear pricing or volume discounts, increased efficiency and the development of new products. This loss of mail volume from ICT is one of a number of current problems addressed in this volume. The Universal Service Obligation (USO) continues to be a leading issue and concern that ICT undermines postal services' ability to finance the USO is discussed. The importance of measuring and forecasting demand and costs take on even greater importance as ICT undermines the foundations of the postal business. This thought provoking book brings to bear new analyses of the most serious threat post offices have ever faced and raises fundamental questions as to the future of mail. Multi-Modal Competition and the Future of Mail is an ideal resource for students, researchers in regulation and competition law, postal administrations, policy makers, consulting firms and regulatory bodies.
Book Synopsis OECD Multi-level Governance Studies Rethinking Regional Development Policy-making by : OECD
Download or read book OECD Multi-level Governance Studies Rethinking Regional Development Policy-making written by OECD and published by OECD Publishing. This book was released on 2018-04-06 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report takes stock of discussions between academics and country practitioners on opportunities to improve the design and delivery of regional development policies in a series of seminars organised during 2017 by the OECD and the European Commission. What can governments do to enhance ...
Book Synopsis Capacity Allocation Mechanisms and Coordination in Supply Chain Under Demand Competition by : Jianbin Li
Download or read book Capacity Allocation Mechanisms and Coordination in Supply Chain Under Demand Competition written by Jianbin Li and published by Springer Nature. This book was released on 2022-10-31 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims at providing cases with inspiring findings for global researchers in capacity allocation and reservation. Capacity allocation mechanisms are introduced in the book, as well as the measures to build models and the ways to achieve supply chain coordination. In addition, it illustrates the capacity reservation contract and quantity flexible contract with comparisons and some numerical studies. The book is divided into 7 chapters. Chapter 1 introduces the background and the latest development of the research. Chapter 2 introduces how to manage downstream competition through capacity allocation in symmetric market, including proportional mechanism and lexicographic mechanism. Demand competition is introduced in Chapter 3 as well as the uniform allocation mechanism and the comparisons among three different mechanisms. In Chapter 4, we give information about demand competition with fixed factor allocation, and the comparison with other allocations. Chapter 5 provides the optimal strategies under fixed allocation with multiple retailers and the impacts of fixed proportions. Chapter 6 illustrates how to achieve supply chain coordination through capacity reservation contract and its comparison with the quantity flexibility contract, and in Chapter 7 we describe outsourcing decisions and order policies in different systems with some numerical studies. We sincerely hope that this book can provide some useful suggestions and inspirations for scholars around the world who have the same interests in this field.
Book Synopsis OECD Studies on Water Water Resources Governance in Brazil by : OECD
Download or read book OECD Studies on Water Water Resources Governance in Brazil written by OECD and published by OECD Publishing. This book was released on 2015-09-02 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the performance of Brazil’s water governance and suggests policy recommendations for strengthening the co-ordination between federal and state water policies and for setting up more robust water allocation regimes that can better cope with future risks.
