Search Results - "Ledyard, J"

A Characterization of Interim Efficiency with Public Goods by Ledyard, John O., Palfrey, Thomas R.

“…A classical public goods problem is considered which involves a group of individuals who must decide on a level of a public good that is produced according to…”
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Individual evolutionary learning, other-regarding preferences, and the voluntary contributions mechanism by Arifovic, Jasmina, Ledyard, John

“…The data from experiments with the Voluntary Contributions Mechanism suggest five stylized facts, including the restart effect. To date, no theory has…”
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Allocating Uncertain and Unresponsive Resources: An Experimental Approach by Banks, Jeffrey S., Ledyard, John O., Porter, David P.

“…We identify an important class of economic problems that arise naturally in several applications: the allocation of multiple resources when there are…”
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A behavioral model for mechanism design: Individual evolutionary learning by Arifovic, Jasmina, Ledyard, John

“…► We study learning in repeated games in the context of Groves-Ledyard mechanisms. ► We provide a behavioral model that easily handles the continuum strategy…”
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An experimental test of combinatorial information markets by Ledyard, John, Hanson, Robin, Ishikida, Takashi

“…While a simple information market lets one trade on the probability of each value of a single variable, a full combinatorial information market lets one trade…”
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Call market book information and efficiency by Arifovic, Jasmina, Ledyard, John

“…What are the consequences of making bids and offers in the book available to traders in a call market? This is a problem in market design. We employ a…”
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Voting and Lottery Drafts as Efficient Public Goods Mechanisms by Ledyard, John O., Palfrey, Thomas R.

“…This paper characterizes interim efficient mechanisms for public good production and cost allocation in a two-type environment with risk-neutral, quasi-linear…”
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A general characterization of interim efficient mechanisms for independent linear environments by Ledyard, John O., Palfrey, Thomas R.

“…We consider the class of Bayesian environments with independent types, and utility functions which are both quasi-linear in a private good and linear in a…”
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Cost-Benefit Analysis as a Statistical Hypothesis Test: An Example from Urban Transportation by Ledyard, J. O.

“…A method to evaluate the estimated social benefits and costs of many urban transportation decisions is presented, based on the techniques of statistical…”
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Inducing liquidity in thin financial markets through combined-value trading mechanisms by Bossaerts, Peter, Fine, Leslie, Ledyard, John

“…Asset pricing theory hypothesizes that investors are only interested in portfolios; individual securities are evaluated only in terms of their contribution to…”
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A Pseudo-Metric Space of Probability Measures and the Existence of Measurable Utility by Ledyard, J. O.

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A New and Improved Design for Multiobject Iterative Auctions by Kwasnica, Anthony M, Ledyard, John O, Porter, Dave, DeMartini, Christine

“…In this paper we present a new improved design for multiobject auctions and report on the results of experimental tests of that design. We merge the better…”
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Incentive Compatible Space Station Pricing by Ledyard, John O.

“…Space Station, planned to be operational in the mid-1990s, is a complex, multiproduct public enterprise. However, there are large uncertainties about the…”
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Information and Dynamics: Sequences of Call Markets by Arifovic, Jasmina, Ledyard, John

“…This paper is part of a wider research project with the objective of creating computational testbeds for designing and testing new mechanisms - new economic…”
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Symposium on finance by Maug, E, Perotti, E C, Suarez, J, Décamps, J P, Faure-Grimaud, A, Cespa, G, Bossaerts, P, Fine, L, Ledyard, J, Bernhardt, D, Hughson, E

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Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem by Groves, Theodore, Ledyard, John

“…This paper presents a general equilibrium model in which private commodities are allocated through competitive markets and public commodities according to…”
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The approximation of efficient public good mechanisms by simple voting schemes by Ledyard, John O., Palfrey, Thomas R.

“…This paper compares the performance of simple voting rules, called referenda, to the performance of interim efficient mechanisms for the provision of a public…”
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Mutually Destructive Bidding: The FCC Auction Design Problem by Bykowsky, Mark M, Cull, Robert J, Ledyard, John O

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Political Competition in a Model of Economic Growth: Some Theoretical Results by Boylan, Richard T., Ledyard, John, McKelvey, Richard D.

“…We analyze the role of political competition on the type of economic policies that are selected in a one sector model of economic growth. We identify…”
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Repeated Implementation by Kalai, Ehud, Ledyard, John O.

“…In the traditional static implementation literature it is often impossible for implementors to enforce their optimal outcomes. And when restricting the choice…”
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