In recent years, more and more attention has been paid to task allocation both in research [17, 21] and applications [4, 18]. Generally speaking, task allocations are carried out mainly in two circumstances: (i) agents are cooperative, and (ii) agents are noncooperative (also known as market-based), and this paper addresses the task allocation in noncooperative grid environment. In a cooperativ...

Market efficiency is at the center of the battle of standard finance versus behavioral finance versus investment professionals. But the battle is not joined because the term “market efficiency” has two meanings. One meaning is that investors cannot systematically beat the market. The other is that security prices are rational. Rational prices reflect only utilitarian characteristics, such as ri...

E xecutive compensation is a topic that has received attention both in the media and the academic literature. This article discusses issues relevant to the construction and interpretation of compensation …gures typically reported in both sources. First, it is not clear what precisely should be included within a measure of the chief executive o¢ cer’s (CEO’s) income tied to his …rm. Second, the ...