In this paper the problem of optimal derivative design, profit maximization and risk minimization under adverse selection when multiple agencies compete for the business of a continuum of heterogenous agents is studied. In contrast with the principal–agent models that are extended within, here the presence of ties in the agents’ best–response correspondences yields discontinuous payoff function...

Mobile agent security is still a young discipline and most naturally, the focus up to the time of writing was on inventing new cryptographic protocols for securing various aspects of mobile agents. However, past experience shows that protocols can be flawed, and flaws in protocols can remain unnoticed for a long period of time. The game of breaking and fixing protocols is a necessary evolutiona...

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We hypothesise that all electroweak symmetry breaking terms such as fermion masses and the W and Z gauge boson masses arise radiatively from just one explicit symmetry breaking term in the Lagrangian. Our hypothesis is motivated by the lack of experimental support and the lack of predictivity of the standard symmetry breaking scenario. We construct a simple model which illustrates our ideas. We...

pollution of water and soils by heavy metals is an emerging problem in industrialized countries.the present study was conducted to investigate the heavy metals concentration in water and sedimentsamples from ship breaking sites of sitakunda to assess the potential ecological risk posed by heavy metalusing different methods. heavy metals concentration was analyzed by atomic absorption spectrosco...

Abstract In this paper we have investigated a fuzzy linear programming problem with fuzzy quantities which are LR triangular fuzzy numbers. The given linear programming problem is rearranged according to the satisfactory level of constraints using breaking point method. By considering the constraints, the arranged problem has been investigated for all optimal solutions connected with satisf...