منابع مشابه
Asymmetric all-pay auctions with interdependent valuations
I show that a unique equilibrium exists in an asymmetric two-player all-pay auction with a discrete signal structure, correlated signals, and interdependent valuations. The proof is constructive, and the construction can be implemented as a computer program and be used to derive comparative statics. I also characterize the set of equilibria when a reserve price is introduced. JEL Classification...
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The purpose of this note is to make a comment bearing upon the remarkable results of Radó on the semi-continuity of double integrals in parametric form. The essence of the situation, without at first attempting precision, is this. A continuous surface is of class K\ if and only if it has a representation for which the classical double integral area formula has meaning. (It is understood that th...
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We analyze symmetric, two-player all-pay auctions with interdependent valuations and general discrete signal structures. We extend the previous literature by being able to analyze auctions in which an increase in a bidder’s posterior expected value for winning the auction is likely to be accompanied by a corresponding increase for the other bidder. Such environments are “highly competitive” in ...
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EY Actuaries performs pension calculations for several companies where both the the assets and liabilities are valuated. The provision1 of a company contains the benefits a participant2 is entitled to. Besides that, there could be benefits when a participant dies or become disables. This research consists of two main topics. The purpose of the first topic is to gain insights in the unexplained ...
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All affinely covariant convex-body-valued valuations on the Sobolev space W (R) are completely classified. It is shown that there is a unique such valuation for Blaschke addition. This valuation turns out to be the operator which associates with each function f ∈W (R) the unit ball of its optimal Sobolev norm. 2000 AMS subject classification: 46B20 (46E35, 52A21,52B45) Let ‖ ·‖ denote a norm on...
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ژورنال
عنوان ژورنال: Kyoto Journal of Mathematics
سال: 1990
ISSN: 2156-2261
DOI: 10.1215/kjm/1250520072