Coordination in games with incomplete information: experimental results

We use experiments to study coordination in games with incomplete information and ask whether an informed player can use cheap talk strategically. Two players decide whether to enter a market where stage game payoffs either form a prisoner’s dilemma or a stag-hunt. One player knows which stage game is played while the other knows only the associated probabilities. When players engage in a prisoner’s dilemma each player prefers unilateral entry. When payoffs form a stag-hunt game, the outcome where neither enters Pareto dominates the outcome where both enter. We ask whether cheap talk aids coordination on the Pareto dominant outcome and whether the informed player can use cheap talk to engineer her preferred outcome. Consistent with previous literature, the benefit of cheap talk depends on the relationship between payoffs and risks. We find that cheap talk benefits informed players only when payoff risks are low. Key Words: cheap talk, coordination, experiments, incomplete information, risk dominance, payoff domiance

Should we reconsider competition in residential electricity supply? Survey results in North Carolina

Retail competition has been introduced in many states as part of electricity industry deregulation. Following problems in the electricity market in California in 2000/01 many states, including NC, put deregulation plans on hold. Where retail competition is allowed consumers can choose their electricity supplier, and companies can compete for customers on the basis of rates and/or other options such as green energy choices. The welfare benefits of retail competition depend on consumers’ willingness to switch suppliers, and in many cases people choose to stay with their current supplier even though rivals offer savings. In that sense consumers are ‘sticky’ in the same way they are with other services such as banking and credit. The question then becomes: should states reconsider retail competition or stay with the status quo? To help answer this question we survey residents in two North Carolina counties. Our survey focuses on: (i) households’ knowledge of and interest in retail competition (ii) factors that would encourage them to switch suppliers, with an emphasis on smart meters and (iii) how large the potential savings would have to be to encourage switching. Key Words: electricity supply, retail competition, switching

Utilization survey of prototype structural test article

A survey was conducted of six aerospace companies and two NASA agencies to determine how prototype structural test articles are used in flight operations. The prototype structures are airframes and similar devices which are used for testing and generally are not flown. The survey indicated the following: (1) prototype test articles are not being discarded after development testing is complete, but are used for other purposes, (2) only two cases of prototypes being refurbished and flown were identified, (3) protective devices and inspection techniques are available to prevent or minimize test article damage, (4) substitute programs from design verification are availabel in lieu of using prototype structural articles, and (5) there is a trend away from dedicated test articles. Four options based on these study results were identified to reduce test and hardware costs without compromising reliability of the flight program

Coating for prevention of titanium combustion

A limited number of coating options for titanium gas turbine engine components were explored with the objective of minimizing potential combustion initiation and propagation without adversely affecting component mechanical properties. Objectives were met by two of the coatings, ion-plated platinum plus electroplated copper plus electroplated nickel and ion vapor deposited aluminum

Causal and stable reduced-order model for linear high-frequency systems

With the ever-growing complexity of high-frequency systems in the electronic industry, formation of reduced-order models of these systems is paramount. In this reported work, two different techniques are combined to generate a stable and causal representation of the system. In particular, balanced truncation is combined with a Fourier series expansion approach. The efficacy of the proposed combined method is shown with an example

An AI approach for scheduling space-station payloads at Kennedy Space Center

The Payload Processing for Space-Station Operations (PHITS) is a prototype modeling tool capable of addressing many Space Station related concerns. The system's object oriented design approach coupled with a powerful user interface provide the user with capabilities to easily define and model many applications. PHITS differs from many artificial intelligence based systems in that it couples scheduling and goal-directed simulation to ensure that on-orbit requirement dates are satisfied

Application of magnitude estimation scaling to the assessment of subjective loudness response to simulated sonic booms

A laboratory study was conducted for the following reasons: (1) to investigate the application of magnitude estimation scaling for evaluating the subjective loudness of sonic booms; and (2) to compare the relative merits of magnitude estimation and numerical category scaling for sonic boom loudness evaluation. The study was conducted in the NASA LeRC's sonic boom simulator and used a total of 80 test subjects (48 for magnitude estimation and 32 for numerical category scaling). Results demonstrated that magnitude estimation was a practical and effective method for quantifying subjective loudness of sonic booms. When using magnitude estimation, the subjects made valid and consistent ratio judgments of sonic boom loudness irrespective of the frequency of presentation of the standard stimulus. Presentation of the standard as every fourth stimulus was preferred by the subjects and is recommended as the standard presentation frequency to be used in future tests

Community-Based Forestry and Timber Certification in Southeast Bolivia

Initiatives promoting community forestry in South America have significantly increased over the past decade. Many of these efforts have concentrated on indigenous lands where a large proportion of commercially valuable forests are located. One such project, among the Chiquitano Indians of Lomerio in southeast Bolivia, is examined here. Interviews with Chiquitano leaders, NGO and development organisation workers, and forest and sawmill workers, as well as ethnographic research in Chiquitano communities, are used to describe problems faced by the project in establishing forest management activities, organizing labour, administration, paying wages and distributing benefits. The author argues that many of the problems that the Lomerio project is experiencing can be traced to fundamental conflicts between Chiquitano culture and the values that necessarily accompany market-based development efforts such as community forestry. The research suggests that the key to success in Lomerio will lie in moulding the organisation of the project in ways that reflect Chiquitano patterns of work and production, and reconciling the demands of market economics with the values of reciprocation that permeate life in Chiquitano communities