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This article develops a vector-based 3D graphic statics framework that uses synthetic and intuitive graphical means for the analysis and design of spatial structures such as networks of bar elements in static equilibrium. It is intended to support the coll ...
A fluid droplet suspended in an extensional flow of moderate intensity may break into pieces, depending on the amplitude of the initial droplet deformation. In subcritical uniaxial extensional flow the nonbreaking base state is linearly stable, implying th ...
Local scouring is a leading cause of bridge collapses. To protect bridges against local scouring, different countermeasures have been proposed and tested in the literature. In this study, the performance of collars was evaluated for scour reduction at two ...
We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...
This thesis develops equilibrium models, and studies the effects of market frictions on risk-sharing, derivatives pricing, and trading patterns.In the chapter titled "Imbalance-Based Option Pricing", I develop an equilibrium model of fragmented options m ...
When drivers are regularly faced with congestion, they try to optimize their departure time. If the demand and the road network evolve slowly enough, the entire system may approach an equilibrium, i.e. a state such that no one can be better off by unilater ...
We analyze dynamic trading by an activist investor who can expend costly effort to affect firm value. We obtain the equilibrium in closed form for a general activism technology, including both binary and continuous outcomes. Variation in parameters can pro ...
The stringent requirement of the demand-supply equilibrium for delivering electricity has traditionally been dealt with a supply-side perspective, assuming that the demand is not alterable. With the promises of the Smart Grid, demand- side management techn ...
We study a robust monopoly pricing problem with a minimax regret objective, where a seller endeavors to sell multiple goods to a single buyer, only knowing that the buyer's values for the goods range over a rectangular uncertainty set. We interpret this pr ...
To quantify a player's commitment in a given Nash equilibrium of a finite dynamic game, we map the corresponding normal-form game to a "canonical extension," which allows each player to adjust his or her move with a certain probability. The commitment meas ...