50,754 research outputs found

    The scholarship assignment problem

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    There are n graduate students and n faculty members. Each student will be assigned a scholarship by the joint faculty. The socially optimal outcome is that the best student should get the most prestigious scholarship, the second-best student should get the second most prestigious scholarship, and so on. The socially optimal outcome is common knowledge among all faculty members. Each professor wants one particular student to get the most prestigious scholarship and wants the remaining scholarships to be assigned according to the socially optimal outcome. We consider the problem of finding a mechanism such that in equilibrium, all scholarships are assigned according to the socially optimal outcome.Publicad

    Interpreting markups in Spanish manufacturing: the exponential model

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    In this paper we attempt to rationalize markups in a sample of Spanish manufacturing by assuming a representative consumer, profit-maximizing firms and constant returns to scale. We find that the standard forms of demand (CES and linear) do not provide a good explanation of markups. In contrast, a model where the representative consumer has an exponential utilty function yields results that match data more closely.

    Interpreting markups in Spanish manufacturing: The exponential model

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    In this paper we attempt to rationalize markups in a sample of Spanish manufacturing by assuming a representative consumer, profit-maximizing firms and constant returns to scale. We find that the standard forms of demand (CES and linear) do not provide a good explanation of markups. In contrast, a model where the representative consumer has an exponential utilty function yields results that match data more closely.Markups, Exponential utility function

    Para-Grassmann Variables and Coherent States

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    The definitions of para-Grassmann variables and q-oscillator algebras are recalled. Some new properties are given. We then introduce appropriate coherent states as well as their dual states. This allows us to obtain a formula for the trace of a operator expressed as a function of the creation and annihilation operators.Comment: This is a contribution to the Proc. of the O'Raifeartaigh Symposium on Non-Perturbative and Symmetry Methods in Field Theory (June 2006, Budapest, Hungary), published in SIGMA (Symmetry, Integrability and Geometry: Methods and Applications) at http://www.emis.de/journals/SIGMA
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