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  1. A theory of simplicity in games and mechanism design
    Autor*in: Pycia, Marek; Troyan, Peter
    Erschienen: June 2021
    Verlag:  University of Zurich, Department of Economics, Zurich

    We introduce a general class of simplicity standards that vary the foresight abilities required of agents in extensive-form games. Rather than planning for the entire future of a game, agents are presumed to be able to plan only for those histories... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 191
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    We introduce a general class of simplicity standards that vary the foresight abilities required of agents in extensive-form games. Rather than planning for the entire future of a game, agents are presumed to be able to plan only for those histories they view as simple from their current perspective. Agents may update their so-called strategic plan as the game progresses, and, at any point, for the called-for action to be simply dominant, it must lead to unambiguously better outcomes, no matter what occurs at non-simple histories. We use our gradated approach to simplicity to provide characterizations of simple mechanisms. While more demanding simplicity standards may reduce the flexibility of the designer in some cases, this is not always true, and many well-known mechanisms are simple, including ascending auctions, posted prices, and serial dictatorship-style mechanisms. In particular, we explain the widespread popularity of the well-known Random Priority mechanism by characterizing it as the unique mechanism that is efficient, fair, and simple to play.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/235606
    Schriftenreihe: Working paper series / University of Zurich, Department of Economics ; no. 393
    Schlagworte: Extensives Spiel; Mechanismus-Design-Theorie; Spieltheorie; Auktionstheorie; Simplicity; simple dominance; limited foresight; obvious dominance; strongly obvious dominance; market design; mechanism design; extensive-form games; auctions; allocation
    Umfang: 1 Online-Ressource (circa 83 Seiten), Illustrationen
  2. Does aid to the productive sectors cause manufacturing sector growth in Africa?
    Autor*in: Ndikumana, Alain
    Erschienen: February 2022
    Verlag:  United Nations University World Institute for Development Economics Research, Helsinki, Finland

    In recent decades, Africa has received a large share of official development assistance compared to other regions of the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth in Africa.... mehr

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    In recent decades, Africa has received a large share of official development assistance compared to other regions of the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth in Africa. Econometric results show that increased assistance to these sectors is associated with an increase in growth of the manufacturing sector, with complementary effects from allocations to economic services and infrastructures. However, dynamic panel regression results show a positive long-term link between increased official development assistance to productive sectors and growth of the manufacturing sector. These findings make an important contribution to the economic literature where there is controversy over aid effectiveness at the macro level. The findings also have policy implications for allocation of aid between sectors by making rational trade-offs related to their amount and quality, with emphasis on productive sectors where investment has a major impact on growth of the manufacturing industry.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789292671532
    Weitere Identifier:
    hdl: 10419/259378
    Schriftenreihe: WIDER working paper ; 2022, 22
    Schlagworte: aid; allocation; productive sectors; growth; manufacturing
    Umfang: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  3. New allocation of special drawing rights
    Autor*in: Pérez Álvarez, Manuel A.
    Erschienen: 2022
    Verlag:  Banco de España, Madrid

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Documentos ocasionales / Banco de España ; no. 2201
    Schlagworte: SDRs; allocation; IMF; COVID-19; pandemic; liquidity; reserve assets; foreign exchange; voluntary trading arrangements; international cooperation
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  4. Accounting for qualification in mismatch unemployment
    Autor*in: Bauer, Anja
    Erschienen: 16 November 2023
    Verlag:  Institute for Employment Research of the Federal Employment Agency, Nürnberg, Germany

    This paper shows the evolution of mismatch unemployment over the period from 2007 to 2022 in Germany. A substantial part of mismatch unemployment results from a misallocation on the qualification level rather than on the occupational level. Taking... mehr

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    This paper shows the evolution of mismatch unemployment over the period from 2007 to 2022 in Germany. A substantial part of mismatch unemployment results from a misallocation on the qualification level rather than on the occupational level. Taking the qualification level into account, an upward trend in mismatch unemployment in the aftermath of the COVID-Crisis emerges that raises the share of mismatch unemployment in total unemployment about 3 percentage points in comparison the pre-COVID level. Furthermore, I can show that the COVID-Crisis had a different impact on the occupation-qualification level than the Global Financial Crisis. In a nutshell, the COVID-crisis hit especially the labor market for unskilled and semi-skilled workers. Dieses Papier zeigt die Entwicklung der Mismatch-Arbeitslosigkeit in Deutschland im Zeitraum von 2007 bis 2022. Ein wesentlicher Teil der Mismatch-Arbeitslosigkeit resultiert aus einer Fehlallokation auf der Qualifikationsebene und nicht auf der beruflichen Ebene. Unter Berücksichtigung des Qualifikationsniveaus zeigt sich ein Aufwärtstrend der Mismatch-Arbeitslosigkeit nach der Covid-Krise, der den Anteil der Mismatch-Arbeitslosigkeit an der Gesamtarbeitslosigkeit um etwa 3 Prozentpunkte über dem Vor-Krisen-Niveau liegt. Zudem hatte die Covid-Krise einen anderen Einfluss auf das Berufsqualifikationsniveau als die globale Finanzkrise. Zusammenfassend lässt sich sagen, dass die Covid-Krise vor allem den Arbeitsmarkt für un- und angelernte Arbeitskräfte getroffen hat.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/280087
    Schriftenreihe: IAB-discussion paper ; 2023, 9
    Schlagworte: allocation; job finding rate; mismatch; occupation
    Umfang: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  5. Fair allocation with (semi-single-peaked)preferences over location and quantity
    Autor*in: Bhattacharya, Mihir; Khare, Ojasvi
    Erschienen: April 2024
    Verlag:  Ashoka University, Sonepat, Haryana

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Ashoka University economics discussion paper ; 111
    Schlagworte: single-peaked; location; quantity; allocation; envy-free
    Umfang: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  6. Constrained allocation of projects to heterogenous workers with preferences over peers
    Autor*in: Klijn, Flip
    Erschienen: May 2017
    Verlag:  GSE, Graduate School of Economics, Barcelona

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    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Barcelona GSE working paper series ; no 960
    Schlagworte: matching; allocation; heterogeneous agents; preferences over peers; efficiency; (group) strategy-proofness
    Umfang: 1 Online-Ressource (circa 15 Seiten)