We present a new approach for decentralized coordination in light of asymmetric information. The basic idea is to perform an iterative exchange of primal information, like proposals for purchase and supply quantities, in order to identify improvements over an initial, uncoordinated solution. Unlike most existing approaches, it will coordinate decisions of two or more decentralized parties, prov...

The following are highlights from the new series, Circulation: Cardiovascular Quality and Outcomes Topic Review. This series will summarize the most important manuscripts, as selected by the Editor, which have published in the Circulation portfolio. The objective of this new series is to provide our readership with a timely, comprehensive selection of important papers that are relevant to the q...

When I read your term papers, I look for your ability to motivate your question using economic logic, your ability to critically analyze the past literature, and your ability to recognize empirical problems as they arise. In particular, it is important that your term paper demonstrates that you are more knowledgeable, analytic, and sophisticated about the economics of health or development econ...

Lifetime income is a widely used concept in both positive and normative analysis. The definition of this concept is examined in the context of income uncertainty, capital market imperfections, and uncertainty about length of life. Two alternative, comprehensive definitions are provided and discussed. The implications for the distribution of economic well-being of various age-income profiles and...

Scientific publications contain many references to method terminologies used during scientific experiments. New terms are constantly created within the research community, especially in the biomedical domain where thousands of papers are published each week. In this study we report our attempt to automatically extract such method terminologies from scientific research papers, using rule-based a...

The task of assessing the similarity of research papers is of interest in a variety of application contexts. It is a challenging task, however, as the full text of the papers is often not available, and similarity needs to be determined based on the papers’ abstract, and some additional features such as authors, keywords, and journal. Our work explores the possibility of adapting language model...

• accelerating growth of information and resources on the Web, and increasing heterogeneity (both in technological aspects such as representation and media, and in nontechnical aspects such as socio-cultural aspects) • recognition on the part of not just the researchers but also practitioners and companies that syntactic and statistical solutions near the limit in effectiveness in dealing with ...

When person A makes an offer to person B and B rejects it, then A may “lose face.” This loss of face is assumed to occur only if B knows for sure of A’s offer. While under some circumstances loss of face can be rationalized by the consequences for future reputation, it may also enter directly into the utility function. Loss of face concerns can lead to fewer offers and inefficiency in markets t...