4 citations
7 papers
Exact Budget Balance via Payment-Rule Ambiguity: Incentive Preservation, Transfer Capacity, and Participation
Hiroaki Odahara
This paper asks whether the payment side of an incentive-compatible mechanism can be repaired so that every realized settlement balances exactly while the allocation and all report…
The Targeted-Loss Exposure Frontier in Auctions
Hiroaki Odahara
Pay-to-bid auctions charge participants before allocation and therefore make losing-side payments vulnerable to seller intervention. This paper introduces targeted-loss exposure, a…
Reversing Reserve Logic: Optimal Holdback in Local Allocation under Scalable Entry
Hiroaki Odahara
Scarce opportunities such as concert tickets and accelerator time may be contested by automated participants that can create accounts and sustain commitments beyond the reach of co…
Posterior Robustness with Milder Conditions: Contamination Models Revisited
Yasuyuki Hamura, Kaoru Irie, Shonosuke Sugasawa
Robust Bayesian linear regression is a classical but essential statistical tool. Although novel robustness properties of posterior distributions have been proved recently under a c…
Consistent Bayesian Information Criterion Based on a Mixture Prior for Possibly High-Dimensional Multivariate Linear Regression Models
Haruki Kono, Tatsuya Kubokawa
In the problem of selecting variables in a multivariate linear regression model, we derive new Bayesian information criteria based on a prior mixing a smooth distribution and a del…
Structure of global buyer-supplier networks and its implications for conflict minerals regulations
Takayuki Mizuno, Takaaki Ohnishi, Tsutomu Watanabe
We investigate the structure of global inter-firm linkages using a dataset that contains information on business partners for about 400,000 firms worldwide, including all the firms…