The Principle of Proportional Ownership, Investor Protection and

... endogeneity stories, we make use of the cross-country and cross-industry variation in our sample. As an example, consider the potential measurement bias related to unobserved premia on block holdings, which implies that we should observe a higher value discount in countries where this premium is lar ...

... endogeneity stories, we make use of the cross-country and cross-industry variation in our sample. As an example, consider the potential measurement bias related to unobserved premia on block holdings, which implies that we should observe a higher value discount in countries where this premium is lar ...

First Price Auctions with General Information Structures

... minimum revenue in the known values case. When bidders can have only one of two possible values,7 we can use the relaxed approach to solve for the minimum revenue exactly. Beyond binary values, there are certain cases for which we can solve a generalized relaxed program to provide a lower bond on re ...

... minimum revenue in the known values case. When bidders can have only one of two possible values,7 we can use the relaxed approach to solve for the minimum revenue exactly. Beyond binary values, there are certain cases for which we can solve a generalized relaxed program to provide a lower bond on re ...

Mechanism Design for Daily Deals

... setting (li = ui and K = 1). DDAs are also related to multiunit auctions [22, 16]. The difference is that the allocation in DDAs have a lower (li ) and an upper (ui ) constraint. [5] and [4] are the early pieces of work that consider payment computation in truthful mechanisms. Both of them and our w ...

... setting (li = ui and K = 1). DDAs are also related to multiunit auctions [22, 16]. The difference is that the allocation in DDAs have a lower (li ) and an upper (ui ) constraint. [5] and [4] are the early pieces of work that consider payment computation in truthful mechanisms. Both of them and our w ...

Probabilistic Aspects of Computer Science

... message sent by p is always the list of predecessors with possible repetition if the length is greater than the size of the ring. The three functions have in common that at least for one symmetrical configuration, every process must receive a trace of length n − 1 before deciding the value of the fu ...

... message sent by p is always the list of predecessors with possible repetition if the length is greater than the size of the ring. The three functions have in common that at least for one symmetrical configuration, every process must receive a trace of length n − 1 before deciding the value of the fu ...

The Fixed-Price Auction

... Observation: the value of OPT was only needed if there is no “dominant” bidder. Instead of knowing OPT, randomly partition the bidders, estimate OPT using the “statistics” group, use this value for performing the fixed price auction using the bidders in the second group. ...

... Observation: the value of OPT was only needed if there is no “dominant” bidder. Instead of knowing OPT, randomly partition the bidders, estimate OPT using the “statistics” group, use this value for performing the fixed price auction using the bidders in the second group. ...

PDF

... two different semantics for universal branches in alternating weighted automata. We study alternating weighted automata on finite words, in both the maximum and summation semantics. We refer to the automata by max-AWAs and sum-AWAs, respectively. We start with the max semantics. We study the express ...

... two different semantics for universal branches in alternating weighted automata. We study alternating weighted automata on finite words, in both the maximum and summation semantics. We refer to the automata by max-AWAs and sum-AWAs, respectively. We start with the max semantics. We study the express ...

8 Common Knowledge and Nash Equilibrium

... into red and blue striped fence segments. The finest common coarsening of the two partitions is then the partition formed by removing all fence segments that are of only one color. This visualization extends directly to the public event partition corresponding to the knowledge partitions in an n-pla ...

... into red and blue striped fence segments. The finest common coarsening of the two partitions is then the partition formed by removing all fence segments that are of only one color. This visualization extends directly to the public event partition corresponding to the knowledge partitions in an n-pla ...

Customer Lifetime Value Modeling and Its Use for Customer

... Ct is the number of customers who should have been at least t months old at the current date but have already left. The data as described above is “left censored” and does not include Ct. However it can often be calculated based on historical information found in customer databases, which are typica ...

... Ct is the number of customers who should have been at least t months old at the current date but have already left. The data as described above is “left censored” and does not include Ct. However it can often be calculated based on historical information found in customer databases, which are typica ...

Extending the ideal of nowhere dense subsets of rationals to a P

... Our notation and terminology conform to that used in the most recent settheoretic literature. The cardinality of a set X is denoted by |X| and X means the closure of X. The set of all natural numbers is denoted by ω. An ideal on ω is a family of subsets of ω closed under taking finite unions and sub ...

... Our notation and terminology conform to that used in the most recent settheoretic literature. The cardinality of a set X is denoted by |X| and X means the closure of X. The set of all natural numbers is denoted by ω. An ideal on ω is a family of subsets of ω closed under taking finite unions and sub ...

Ecosystem Service Value for the Common Reed Wetlands in the

... Ecosystem services provide the benefits that people derive directly or indirectly from ecosystems. Ecosystem service valuation is the process of assessing the contributions of ecosystem services to sustainable human wellbeing [29]. There are various methods for estimating both the market and non-mar ...

... Ecosystem services provide the benefits that people derive directly or indirectly from ecosystems. Ecosystem service valuation is the process of assessing the contributions of ecosystem services to sustainable human wellbeing [29]. There are various methods for estimating both the market and non-mar ...

Measuring Inconsistency through Minimal Inconsistent Sets

... use of minimal inconsistent subsets of a belief base has received much less attention as the basis for defining inconsistency measures. So in this paper, we explore the nature of some interesting measures of inconsistency based on minimal inconsistent subsets of the belief base, and we consider how ...

... use of minimal inconsistent subsets of a belief base has received much less attention as the basis for defining inconsistency measures. So in this paper, we explore the nature of some interesting measures of inconsistency based on minimal inconsistent subsets of the belief base, and we consider how ...

THIS MARKETING PARTNER AGREEMENT

... a) buySAFE hereby grants Marketing Partner a no-cost, limited, non-exclusive, non-transferable, revocable right to use the buySAFE logo and electronic facsimiles thereof, and any associated materials, language or code for the sole purpose of promoting the Link and generating referrals for the buySAF ...

... a) buySAFE hereby grants Marketing Partner a no-cost, limited, non-exclusive, non-transferable, revocable right to use the buySAFE logo and electronic facsimiles thereof, and any associated materials, language or code for the sole purpose of promoting the Link and generating referrals for the buySAF ...

The Dice Game

... a sort of dice-based fruit machine. You could imagine that it will be used in experiments on gambling in some Psychology research. I want to have a number of dice, initially 3 but it is nice to make this flexible, which the player can choose to roll individually or all together. The player’s goal is ...

... a sort of dice-based fruit machine. You could imagine that it will be used in experiments on gambling in some Psychology research. I want to have a number of dice, initially 3 but it is nice to make this flexible, which the player can choose to roll individually or all together. The player’s goal is ...

outline of papers on valuing genetic resources

... that society’s utility function is additively separable into the net direct benefit components from some array of species and the value of diversity of this array. This means that the first component B X already captures all the direct net benefits that accrue to society from having a diversified se ...

... that society’s utility function is additively separable into the net direct benefit components from some array of species and the value of diversity of this array. This means that the first component B X already captures all the direct net benefits that accrue to society from having a diversified se ...

Lesson 1 - Server users.dimi.uniud.it

... graph (dom(A), E) where (a, b) ∈ E iﬀ a and b occur in the same tuple of some relation of A • If A itself is a (directed) graph, then G(A) is (the undirected version of) A itself, plus all self-loops • The degree of a node a is the number of nodes b(�= a) such that (a, b) ∈ E (the degree of G is the ...

... graph (dom(A), E) where (a, b) ∈ E iﬀ a and b occur in the same tuple of some relation of A • If A itself is a (directed) graph, then G(A) is (the undirected version of) A itself, plus all self-loops • The degree of a node a is the number of nodes b(�= a) such that (a, b) ∈ E (the degree of G is the ...

On the Formal Semantics of IF-like Logics

... a prenex normal form theorem for slash logic (called Lii in their paper). Instead of n-tuples, they used valuations to account for arbitrary formulas where variables occur in any order and may even get rebound. This extension seemed so natural that in later papers (e.g. [10, 14, 16]) it was taken as ...

... a prenex normal form theorem for slash logic (called Lii in their paper). Instead of n-tuples, they used valuations to account for arbitrary formulas where variables occur in any order and may even get rebound. This extension seemed so natural that in later papers (e.g. [10, 14, 16]) it was taken as ...