We consider entry-level medical markets for physicians in the United Kingdom. These markets experienced failures which led to the adoption of centralized market mechanisms in the 1960's. However, different regions introduced different centralized mechanisms. We advise physicians who do not…

This paper provides new versions of Harsanyi’s social aggregation theorem that are formulated in terms of prospects rather than lotteries. Strengthening an earlier result, fixed-population ex-ante utilitarianism is characterized in a multi-profile setting with fixed probabilities. In addition, we extend…

This paper proposes a definition of relative uncertainty aversion for decision models under complete uncertainty. It is shown that, for a large class of decision rules characterized by a set of plausible axioms, the new criterion yields a complete ranking…

In the last decade, the potential macroeconomic effects of intermittent large adjustments in microeconomic decision variables such as prices, investment, consumption of durables or employment – a behavior which may be justified by the presence of kinked adjustment costs –…

O Brasil é o maior produtor mundial de café e o segundo maior mercado consumidor, portanto, a cultura do cafeeiro tem grande importância cultural e socioeconômica para o país. Entre os limitantes na produtividade estão, principalmente, as doenças, as pragas,…

Robotic soccer is a way of putting different developments in intelligent agents into practice, including not only problems such as multi-agent planning and coordination, but also physical problems related to vision and communication subsystems. In this work, we present the…

Document classification has already been widely studied. In fact, some studies compared feature selection techniques or feature space transformation whereas some others compared the performance of different algorithms. Recently, following the rising interest towards the Support Vector Machine, various studies…

Information and Communications Technologies (ICTs) are playing a significant role in
economic, political and cultural development. The relationship between technologies
supporting information processing and distribution, and the application of that knowledge
for development purposes has only recently come into focus.…

This survey presents within a single model three theories of decentralization of decision-making within organizations based on private information and incentives. Renegotiation, collusion, and limits on communication are three sufficient conditions for decentralization to be optimal., Cet article présente, dans…

We analyze an alternative to the standard rationalizability requirement for observed choices by considering non-deteriorating selections. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition…