We study a classic Bayesian mechanism design setting of monopoly problem for an additive buyer in the presence budgets. In this setting, monopolist seller with m heterogeneous items faces single and seeks to maximize her revenue. The has budget valuations drawn independently each item from (non-identical) distributions. show that when buyer’s is publicly known, it better sell separately; sellin...

Background Direct acting antiviral hepatitis C virus (HCV) therapies are highly effective but costly. Wider adoption of an 8-week ledipasvir/sofosbuvir treatment regimen could result in significant savings, but may be less efficacious compared with a 12-week regimen. We evaluated outcomes under a constrained budget and cost-effectiveness of 8 vs 12 weeks of therapy in treatment-naïve, noncirrho...

Work ows deal with the automation of business processes in which documents, data and tasks are transferred among participant roles according to a de ned set of rules to achieve a common goal. Workow management systems (WFMS) have mainly focused on implementing the control ow, paying few attention to the data ow. However, data-intensive work ow applications require advanced data handling capabil...

The paper introduces a modal logical system for reasoning about knowledge in which information available to agents might be constrained by the available budget. Although the system lacks an equivalent of the standard Negative Introspection axiom from epistemic logic S5, it is proven to be sound and complete with respect to an S5-like Kripke semantics.

In this paper we consider the software-engineering problem of how to empower modular agent architectures with the capability to perform quantitative reasoning in a uniform and principled way.

We investigate price mechanism selection in a setting where sellers compete for budget constrained buyers by adopting either …xed pricing or auctions (…rst or second price). We show that …rst and second price auctions are payo¤ equivalent when some bidders are …nancially constrained, so sellers are indi¤erent to adopt either format. We fully characterize possible equilibria and show that if the...

Several practical instances of network design and location theory problems require the network to satisfy multiple constraints. In this paper, we study a graph-theoretic problem that aims to simultaneously address a network design task and a location-theoretic constraint. The Budget Constrained Connected Median Problem is the following: We are given an undirected graph G = (V;E) with two differ...

High Performance Distributed Computing (HPDC) applications require low-latency and high-throughput communication services and HPDC applications have diierent Quality of Service (QOS) requirements (e.g., bandwidth requirement, ow/error control algorithms, etc.). The communication services provided by traditional message-passing systems are xed and thus can not be changed to meet the requirements...

short-selling prohibition has been one of the primary assumptions of markowitz mean-variance model. solving markowitz quadratic model creates investment efficient frontier by considering only two return and budget constraints. in order to develop a more realistic portfolio selection model, in this paper, a new mathematical model is developed to allow short-selling under some practical constrain...

A seller with two objects faces a group of bidders who are subject to budget constraints. The objects have common values to all bidders, but need not be identical and may be either complements or substitutes. In a simple complete information setting we show: (1) if the objects are sold by means of a sequence of open ascending auctions, then it is always optimal to sell the more valuable object ...