Market transparency, in its most succint form, refers to the level of current trade information revealed to the public by market makers. We analyze the effect of market transparency on the outcomes of postedoffer style B2B markets under both stationary and non-stationary demand conditions. We find that sellers on average can extract significantly higher surplus than buyers, yet the difference d...

An objective of many proposed corporate governance reforms is increased transparency. This goal has been relatively uncontroversial, as most observers believe increased transparency to be unambiguously good. We argue that, from a corporate governance perspective, there are likely to be both costs and benefits to increased transparency, leading to an optimum level beyond which increasing transpa...

Exclusive coherent and incoherent electroproduction of the p° meson from H and N targets has been studied at the HERMES experiment as a function of coherence length (lc), corresponding to the lifetime of hadronic fluctuations of the virtual photon, and squared fourmomentum of the virtual photon (—<2). The ratio of N to *H cross sections per nucleon, called nuclear transparency, was found to inc...

One explanation for the finding of slightly above-chance accuracy in detecting deception experiments is limited variance in sender transparency. The current study sought to increase accuracy by increasing variance in sender transparency with strategic interrogative questioning. Participants (total N = 128) observed cheaters and noncheaters who were questioned with either indirect background que...

This paper identifies conditions under which voters are better off not knowing the policy choices of incumbents: we show that government transparency can actually lower voter welfare. To do so, we analyze a model of political agency where voters face two forms of uncertainty: uncertainty about the incumbent’s policy preferences and uncertainty about the relationship between policies and outcome...

The problem of finding a longest increasing subsequence (LIS) is a well known task in sequence processing. There are many variants of the basic task. We discuss a recently introduced variant of LIS, a minimal height longest increasing subsequence problem and propose a new algorithm for it, which improves its time complexity. Moreover, we define a family of similar problems and introduce algorit...

Let Ln be the length of the longest increasing subsequence of a random permutation of the numbers 1, . . . , n, for the uniform distribution on the set of permutations. We discuss the “hydrodynamical approach” to the analysis of the limit behavior, which probably started with Hammersley (1972), and was subsequently further developed by several authors. We also give two proofs of an exact (non-a...

Two-dimensional Lorentzian geometry has recently found application in some models of nonrelativistic systems, most profitably for the process of boarding an aeroplane. The duration of the boarding process is assumed to be a result of passengers standing in the isle and blocking each others’ way. According to this model, the expected boarding time is equal to the length of the longest timelike g...

New algorithm for finding longest increasing subsequence is discussed. This algorithm is based on the ideas of idempotent mathematic and uses Max-Plus idempotent semiring. Problem of finding longest increasing subsequence is reformulated in a matrix form and solved with linear algebra.

trust, along with transparency, is an important indicator of a satisfactory relationship between a government and the public. considering transparency as the key to trust in government, the purpose of this paper is to postulate a link between transparency and trust taking into account satisfaction as a psychological factor. this paper tries to find the answer of these questions: “is there any s...