This paper examines the role of policy in coordination environments such as currency crises and bank runs by introducing signaling in a global game. While exogenous asymmetric information has been shown to select a unique equilibrium, we show that the endogenous information generated by policy interventions leads to multiple equilibria. Multiplicity obtains even in environments where the policy...

The rise of real-time information communication through smartphones and wireless networks enabled the growth ridesharing services. While personal rideshare services (individuals riding alone or with acquaintances) initially dominated market, popularity pooled sharing rides people they do not know) has grown globally. However, remains less common in U.S., where vehicle usage is still norm. Vehic...

from building design point of view a basic aim of low energy architecture is to create a thermally comfortable internal environment for building occupants whilst consuming the least possible amount of energy. thus, thermal comfort study has an important impact on energy saving. achieving comfort conditions requires an understanding of the interaction between three groups of factors, namely phys...

We consider the situation in which a group of agents are trying to find an agreeable time for a meeting. Each agent’s availability is governed by a known prior probability distribution, but the realization of it is private information. The goal (of the convener) is to find an agreeable time slot while optimizing in two dimensions: Expected time to reach agreement and expected inconvenience caus...

In an age when we can sequence an entire genome within a day, we expect to be able to gather and access accurate information at a pace. After all, you didn't wait for this issue of PLoS Medicine to arrive in the post or trudge down to the library to read it; you accessed it instantly via the internet. Patients and clinicians also expect technology to provide similar speed when it comes to diagn...