Probabilistic algorithms o er a means of computing that works with the grain of analogue hardware, rather than against it. This paper proposes the use of such an algorithm in applications where the advantages of analogue hardware are most likely to be realised.

The shuttle service in tourism depends on physical accessibility of a destination, on movement within the destination and the transport itself. In today’s world, transport is not just the act of getting to a wanted destination. Moreover, travelling by a certain vehicle can be a tourist attraction, if the transportation means is designed to arouse the feeling of joy and excitement. The purpose o...

We study the design of contracts that incentivize experts to collect information and truthfully report it a decision maker. depart from most previous literature by assuming transfers cannot depend on realized state or ex post payoff The contract thus has induce “monitor each other” making contingent entire vector reports. characterize least costly implements any given efforts derive cost functi...

We consider a cross-calibration test of predictions by multiple potential experts in a stochastic environment. This test checks whether each expert is calibrated conditional on the predictions made by other experts. We show that this test is good in the sense that a true expert—one informed of the true distribution of the process—is guaranteed to pass the test no matter what the other potential...