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DA
2010
123views more  DA 2010»
13 years 8 months ago
Paradoxes in Learning and the Marginal Value of Information
We consider the Bayesian ranking and selection problem, in which one wishes to allocate an information collection budget as efficiently as possible to choose the best among severa...
Peter Frazier, Warren B. Powell
DA
2010
139views more  DA 2010»
13 years 8 months ago
Eliciting Patients' Revealed Preferences: An Inverse Markov Decision Process Approach
. Direct approaches, which involve asking patients various abstract questions, have significant drawbacks. We propose a new approach that infers patient preferences based on observ...
Zeynep Erkin, Matthew D. Bailey, Lisa M. Maillart,...
DA
2010
101views more  DA 2010»
13 years 11 months ago
From the Editor..
L. Robin Keller
DA
2010
69views more  DA 2010»
13 years 11 months ago
Cardinal Scales for Health Evaluation
Charles M. Harvey, Lars Peter Østerdal
DA
2010
101views more  DA 2010»
13 years 11 months ago
From the Editors..
L. Robin Keller, Kelly M. Kophazi
DA
2010
82views more  DA 2010»
13 years 11 months ago
Procurement Auctions for Differentiated Goods
: We consider two mechanisms to procure differentiated goods: the request for quote and an English auction with bidding credits. In the request for quote, each seller submits a pri...
Jason Shachat, J. Todd Swarthout
DA
2010
68views more  DA 2010»
13 years 11 months ago
Pricing Rule in a Clock Auction
Peter Cramton, Pacharasut Sujarittanonta
DA
2010
109views more  DA 2010»
13 years 11 months ago
Auctioning the Right to Choose When Competition Persists
Several papers compare auctioning heterogeneous assets sequentially with sequentially selling the right to choose among assets not yet taken. Typically motivated by auctions of co...
Ronald M. Harstad
DA
2010
74views more  DA 2010»
13 years 11 months ago
Measuring Risk Aversion in a Name-Your-Own-Price Channel
Ali E. Abbas, Il-Horn Hann