Paul Milgrom (The Bell Journal of Economics, 12(2): 380–391) showed that if the strict monotone likelihood ratio property (MLRP) does not hold for a conditional distribution the...
We develop models of automated E-commerce techniques, which predict the economic outcomes of these decision mechanisms, including the price attained by a good and the resulting inc...
Through legislation and technology the film industry has been seeking to fully control usage of the bits it creates; their model is "restrictive" digital-rights manageme...
Given a set of observed economic choices, can one infer preferences and/or utility functions for the players that are consistent with the data? Questions of this type are called r...
—With the rapid development of the electricity market, both grid and market operations need to be carefully coordinated and monitored in real time. This paper focuses on system m...