Concept

Problème principal-agent

Publications associées (53)

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Option Contracting in the California Water Market

Thomas Alois Weber

Temporary water transfers, as achievable under option contracts, capture gains from trade that would go unrealized if only permanent transfers of water rights were possible. This paper develops a bilateral option contracting model for water which includes ...

Springer Verlag2010

Information Percolation with Equilibrium Search Dynamics

Semyon Malamud, Darrell Duffie

We solve for the equilibrium dynamics of Information sharing in a large population Each agent is endowed with signals regarding the likely outcome of a random variable of common concern Individuals choose the effort with which they search for others from w ...

2009

On Privacy Losses in the Trusted Agent Model (Abstract)

Serge Vaudenay

Tamper-proof devices are pretty powerful. They typically make security applications simpler (provided that the tamper-proof assumption is not violated). For application requiring privacy, we observe that some properties may become harder (if possible at al ...

2009

Regulatory Institutions and Governance Costs in the Postal Sector: The Case of Switzerland

Matthias Finger, Martin Maegli

Currently there is a strong trend toward sector-specific regulatory authorities across sectors and countries. However, liberalization has not led to a common European regulatory model. The circumstance that different old and new regulatory authorities exis ...

2008

Fluid mechanics of intrathecal drug delivery

Radboud Michael Nelissen

The aim of this principally experimental study is to understand from fluid mechanic principles why an insignificant anesthetic dose administered as a short bolus into the cerebrospinal fluid inside the subarachnoid space provides greater pain relief than a ...

EPFL2008

Threshold Accepting Approach to Improve Bound-based Approximations for Portfolio Optimization

Daniel Kuhn

A discretization scheme for a portfolio selection problem is discussed. The model is a benchmark relative, mean-variance optimization problem in continuous time. In order to make the model computationally tractable, it is discretized in time and space. Thi ...

Springer Verlag2008

Efficient Contract Design in Multi-Principal Multi-Agent Supply Chains

Thomas Alois Weber

We consider a general multi-principal multi-agent contracting game in a complete-information 4supply-chain setting and determine coordinating equilibrium transfer schedules in closed form.The resulting contracts manage to align incentives for decentralized ...

2007

A comparison of Nash equilibria analysis and agent-based modelling for power markets

Elena Vdovina Beck

In this paper we compare Nash equilibria analysis and agent-based modelling for assessing the market dynamics of network-constrained pool markets. Power suppliers submit their bids to the market place in order to maximize their payoffs, where we apply rein ...

2006

Eliminating Undesired Equilibrium Points from Incentive Compatible Reputation Mechanisms

Boi Faltings, Radu Jurca

Choosing the best out of an increasing number of options requires reliable and accurate information. As our time and resources are limited, we commonly use the experience of others in order to take decisions. Reputation mechanisms aggregate in a formal way ...

Ecole Polytechnique Fédérale de Lausanne (EPFL)2005

Towards a new Delta robot: an inverted Delta

In the way of developing fast parallel robots, the following work proposes a development of a new delta robot. This robot is a 3 d.o.f. parallel robot based on a Delta-like kinematics [Clavel 88, 92]. It is actually an inverted Delta in which the parallel ...

2004