2 citations · 2 across the 13 of their papers we have counts for
4 papers · 1 filter
Minimizing Volatility: Optimal Adjustment with Evolving Feasibility Constraints
Simon Jantschgi, Heinrich H. Nax, Bary S. R. Pradelski +1
Minimizing volatility and adjustment costs is of central importance in many economic environments, yet it is often complicated by evolving feasibility constraints. We study a decis…
On the existence of pure epsilon-equilibria
Bary S. R. Pradelski, Bassel Tarbush
Departing from optimizing behavior by any ensures the existence of stable outcomes in a broad class of many-agent games where utilities are drawn from a joint distribution. S…
Satisficing Equilibrium
Bary S. R. Pradelski, Bassel Tarbush
In a satisficing equilibrium each agent plays one of her top actions in response to the actions of the other agents. Our concept unifies models of bounded rationality and…
Equitable Auctions
Simon Finster, Patrick Loiseau, Simon Mauras +2
We study how auction design shapes surplus division among bidders. We introduce a parsimonious ex post equity notion and examine standard multi-unit auctions. The equity-optimal pr…