An institutional economic approach to land and propterty markets: Urban dynamics and institutional change

Urban Development;Real Estate;Institutionalism;housing economics

Three Puzzles on Mathematics, Computation, and Games

In this lecture I will talk about three mathematical puzzles involving mathematics and computation that have preoccupied me over the years. The first puzzle is to understand the amazing success of the simplex algorithm for linear programming. The second puzzle is about errors made when votes are counted during elections. The third puzzle is: are quantum computers possible?Comment: ICM 2018 plenary lecture, Rio de Janeiro, 36 pages, 7 Figure

The Strong Perfect Graph Conjecture: 40 years of Attempts, and its Resolution

International audienceThe Strong Perfect Graph Conjecture (SPGC) was certainly one of the most challenging conjectures in graph theory. During more than four decades, numerous attempts were made to solve it, by combinatorial methods, by linear algebraic methods, or by polyhedral methods. The first of these three approaches yielded the first (and to date only) proof of the SPGC; the other two remain promising to consider in attempting an alternative proof. This paper is an unbalanced survey of the attempts to solve the SPGC; unbalanced, because (1) we devote a signicant part of it to the 'primitive graphs and structural faults' paradigm which led to the Strong Perfect Graph Theorem (SPGT); (2) we briefly present the other "direct" attempts, that is, the ones for which results exist showing one (possible) way to the proof; (3) we ignore entirely the "indirect" approaches whose aim was to get more information about the properties and structure of perfect graphs, without a direct impact on the SPGC. Our aim in this paper is to trace the path that led to the proof of the SPGT as completely as possible. Of course, this implies large overlaps with the recent book on perfect graphs [J.L. Ramirez-Alfonsin and B.A. Reed, eds., Perfect Graphs (Wiley & Sons, 2001).], but it also implies a deeper analysis (with additional results) and another viewpoint on the topic

The Human version of Moore-Shannon's Theorem: The Design of Reliable Economic Systems

Moore & Shannon's theorem is the cornerstone in reliability theory, but cannot be applied to human systems in its original form. A generalization to human systems would therefore be of considerable interest because the choice of organization structure can remedy reliability problems that notoriously plaque business operations, financial institutions, military intelligence and other human activities. Our main result is a proof that provides answers to the following three questions. Is it possible to design a reliable social organization from fallible human individuals? How many fallible human agents are required to build an economic system of a certain level of reliability? What is the best way to design an organization of two or more agents in order to minimize error? On the basis of constructive proofs, this paper provides answers to these questions and thus offers a method to analyze any form of decision making structure with respect to its reliability.Organizational design; reliability theory; decision making; project selection

Decoherence can be useful in quantum walks

We present a study of the effects of decoherence in the operation of a discrete quantum walk on a line, cycle and hypercube. We find high sensitivity to decoherence, increasing with the number of steps in the walk, as the particle is becoming more delocalised with each step. However, the effect of a small amount of decoherence is to enhance the properties of the quantum walk that are desirable for the development of quantum algorithms. Specifically, we observe a highly uniform distribution on the line, a very fast mixing time on the cycle, and more reliable hitting times across the hypercube.Comment: (Imperial College London) 6 (+epsilon) pages, 6 embedded eps figures, RevTex4. v2 minor changes to correct typos and refs, submitted version. v3 expanded into article format, extra figure, updated refs, Note on "glued trees" adde