This draft includes 9 new chapters on Extensive-Form Games, Monopoly/Cournot, Market Institutions and Power, Collusion, Lemons Markets, Asset Markets and Bubbles, Multi-Unit Auctions, Trust and Reciprocity, Voting (unfinished), and Common Pool Resources. A discussion of the Guessing Game has been added to Chapter 3. The more advanced chapters on Bayes’ Rule and Information Cascades have been mo...

We present results for the so-called ‘bar-attendance’ model of market behavior: p adaptive agents, each possessing n prediction rules chosen randomly from a pool, attempt to attend a bar whose cut-off is s. The global attendance time-series has a mean near, but not equal to, s. The variance, or ‘volatility’, can show a minimum with increasing adaptability of the individual agents.

background: infections are readily transmitted as a result of bacterial contamination of swimming pools. therefore, hygiene and preventing the contamination of swimming pools is of particular importance. the objective of this study was to determine the amount of bacterial contamination in indoor pools of yazd in 2013. methods: in this descriptive and analytical study, all indoor swimming pools ...

aptamers, or single stranded oligonucleotides, are produced by systematic evolution of ligands by exponential enrichment, abbreviated as selex. in the amplification and regeneration step of selex technique, dsdna is conversed to ssdna. asymmetric pcr is one of the methods used for the generation of ssdna. the purpose of this study was to design a random dna library for selection of aptamers wit...

Despite the political sensitivity of foreign capital, existing work on the effect of foreign capital at the firm level is slim. This paper examines the effect of foreign equity ownership and management on firm performance using a panel of Korean firms for the period of 1993-2007 when foreign capital inflows increased dramatically. Empirical results show that foreign equity ownership positively ...

• The role played by the state as a land market regulator in urban areas with natural vulnerability to flooding; as a producer of urban land and housing; and as a builder of defenses against flooding. • Impacts on the land market of flooding and built defenses as well as access to urban land for different population sectors; land value increases and decreases in urban areas according to floodin...

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In a Fisher market, a market maker sells m items to n potential buyers. The buyers submit their utility functions and money endowments to the market maker, who, upon receiving submitted information, derives market equilibrium prices and allocations of its items. While agents may benefit by misreporting their private information, we show that the percentage of improvement by a unilateral strateg...