Most markets compromise the economist’s ideal of matching the marginal benefits to consumers with the marginal cost of supply for incremental purchases because individual buyers...
Standard hidden Markov models (HMM's) have been studied extensively in the last two decades. It is well known that these models assume state conditional independence of the ob...
Hidden Markov Models (HMMs) are an useful and widely utilized approach to the modeling of data sequences. One of the problems related to this technique is finding the optimal stru...
This paper analyzes the entrants to the 2007 TAC Market Design Game. We present a classification of the entries to the competition, and use this classification to compare these ent...
Jinzhong Niu, Kai Cai, Simon Parsons, Peter McBurn...
This paper presents a precise market model for a well-defined class of distributed configuration design problems. Given a design problem, the model defines a computational economy...