31,719 research outputs found

    Supermodular mechanism design

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    This paper introduces a mechanism design approach that allows dealing with the multiple equilibrium problem, using mechanisms that are robust to bounded rationality. This approach is a tool for constructing supermodular mechanisms, i.e. mechanisms that induce games with strategic complementarities. In quasilinear environments, I prove that if a social choice function can be implemented by a mechanism that generates bounded strategic substitutes - as opposed to strategic complementarities - then this mechanism can be converted into a supermodular mechanism that implements the social choice function. If the social choice function also satisfies some efficiency criterion, then it admits a supermodular mechanism that balances the budget. Building on these results, I address the multiple equilibrium problem. I provide sufficient conditions for a social choice function to be implementable with a supermodular mechanism whose equilibria are contained in the smallest interval among all supermodular mechanisms. This is followed by conditions for supermodular implementability in unique equilibrium. Finally, I provide a revelation principle for supermodular implementation in environments with general preferences.Implementation, mechanisms, learning, strategic complementarities, supermodular games

    Improved duality estimates and applications to reaction-diffusion equations

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    We present a refined duality estimate for parabolic equations. This estimate entails new results for systems of reaction-diffusion equations, including smoothness and exponential convergence towards equilibrium for equations with quadratic right-hand sides in two dimensions. For general systems in any space dimension, we obtain smooth solutions of reaction-diffusion systems coming out of reversible chemistry under an assumption that the diffusion coefficients are sufficiently close one to another

    Surfaces of constant curvature in R^3 with isolated singularities

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    We prove that finite area isolated singularities of surfaces with constant positive curvature in R^3 are removable singularities, branch points or immersed conical singularities. We describe the space of immersed conical singularities of such surfaces in terms of the class of real analytic closed locally convex curves in the 2-sphere with admissible cusp singularities, characterizing when the singularity is actually embedded. In the global setting, we describe the space of peaked spheres in R^3, i.e. compact convex surfaces of constant positive curvature with a finite number of singularities, and give applications to harmonic maps and constant mean curvature surfaces.Comment: 28 page

    The IBIS view of the galactic centre: INTEGRAL's imager observations simulations

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    The Imager on Board Integral Satellite (IBIS) is the imaging instrument of the INTEGRAL satellite, the hard-X/soft-gamma ray ESA mission to be launched in 2001. It provides diagnostic capabilities of fine imaging (12' FWHM), source identification and spectral sensitivity to both continuum and broad lines over a broad (15 keV--10 MeV) energy range. It has a continuum sensitivity of 2~10^{-7} ph cm^{-2} s^{-1} at 1 MeV for a 10^6 seconds observation and a spectral resolution better than 7 % at 100 keV and of 6 % at 1 MeV. The imaging capabilities of the IBIS are characterized by the coupling of the above quoted source discrimination capability with a very wide field of view (FOV), namely 9 x 9 degrees fully coded, 29 x 29 degrees partially coded FOV. We present simulations of IBIS observations of the Galactic Center based on the results of the SIGMA Galactic Center survey. They show the capabilities of this instrument in discriminating between different sources while at the same time monitoring a huge FOV. It will be possible to simultaneously take spectra of all of these sources over the FOV even if the sensitivity decreases out of the fully coded area. It is envisaged that a proper exploitation of both the FOV dimension and the source localization capability of the IBIS will be a key factor in maximizing its scientific output.Comment: 5 pages, LaTeX, to be published in the 4th Compton Symposium Conference Proceedings, uses aipproc.cls, aipproc.sty (included
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