Optimal bidding strategies for simultaneous Vickrey auctions with perfect substitutes

In this paper, we derive optimal bidding strategies for a global bidder who participates in multiple, simultaneous second-price auctions with perfect substitutes. We first consider a model where all other bidders are local and participate in a single auction. For this case, we prove that, assuming free disposal, the global bidder should always place non-zero bids in all available auctions, irrespective of the local bidders’ valuation distribution. Furthermore, for nondecreasing valuation distributions, we prove that the problem of finding the optimal bids reduces to two dimensions. These results hold both in the case where the number of local bidders is known and when this number is determined by a Poisson distribution. In addition, by combining analytical and simulation results, we demonstrate that similar results hold in the case of several global bidders, provided that the market consists of both global and local bidders. Finally, we address the efficiency of the overall market, and show that information about the number of local bidders is an important determinant for the way in which a global bidder affects efficiency

A Genetic Algorithm based Approach for Topological Optimization of Interconnection Networks

AbstractThe paper addresses the two terminal reliability while designing the interconnection networks. Thus a topological optimization problem is defined as the existence of at least a reliable path between a pair of nodes satisfying the predefined cost of the network. A new method based on Genetic Algorithm is proposed to solve the above said problem. In the proposed method the chromosome as well as the genes are efficiently encoded so that the cross over provides the optimal solution with better convergence rate. The reliability of some benchmark interconnection networks are evaluated by the proposed method. The population size and the computational time of the said networks as reported in this paper ensures that the proposed method converges to it's optimal solution in very few cpu secondss, while maximizing the value of the reliability of the said network to a greater extent

Evaluation of the impact of ZeroFly® , an insecticide incorporated plastic sheeting on malaria incidence in two temporary labour shelters in India

Background & objectives: Prevention of malaria is a major technical and operational problem in displaced andmobile populations such as refugee camps and temporary labour settlements. Insecticide incorporated plasticsheeting is a new technology to control mosquitoes in emergency shelters and also temporary habitations atdifferent locations. In view of this, efficacy of ZeroFly®, an insecticide incorporated plastic sheeting (factorytreated with deltamethrin 2.0 g/kg or 265 mg/m2) was evaluated for its efficacy against malaria vectors and itsimpact on malaria incidence in temporary labour settlements in two urban areas in India.Methods: This trial was conducted in two labour settlements in two urban areas, Delhi and Noida (U.P.), Indiawith ~ 250 populations. In an area, two localities were selected for intervention with ZeroFly and untreatedplastic sheets (control). Entomological and epidemiological data were collected using standard methods for one year.Results: Baseline studies on the susceptibility of mosquitoes in Delhi and Noida areas revealed 100% susceptibilityof the malaria vector species Anopheles culicifacies and An. stephensi to deltamethrin. Cone bioassay testsperformed against An. culicifacies and An. stephensi to determine the efficacy of ZeroFly sheets showed 100%mortality against An. culicifacies and An. stephensi with 3 min exposure and after 24 h recovery period. AgainstCulex quinquefasciatus and housefly 100% mortality was obtained after 30 min of exposure period. Interventionwith the ZeroFly plastic sheets resulted in almost complete reduction in the resting density of An. culicifaciesand An. stephensi, the two major malaria vectors and also in the reduction of malaria cases in ZeroFly camps ascompared to control camps. The ZeroFly plastic sheeting was found to be safe for human. Barring some complaintsof skin irritation and itching, which were temporary in nature, no adverse health effects were reported by theusers. The community acceptance was high.Conclusion: Results of the present study revealed that ZeroFly® plastic sheeting is highly effective in reducingthe indoor resting density of mosquitoes, man-vector contact and malaria incidences in labour populations livingin temporary shelters

Competing sellers in online markets: reserve prices, shill bidding and auction fees

In this paper, we consider competition between sellers offering similar items in concurrent online auctions, where each seller must set its individual auction parameters (such as the reserve price) in such a way as to attract buyers. We show that there exists a pure Nash equilibrium in the case of two sellers with asymmetric production costs. In addition, we show that, rather than setting a reserve price, a seller can further improve its utility by shill bidding (i.e., pretending to be a buyer in order to bid in its own auction). But, using an evolutionary simulation, we show that this shill bidding introduces inefficiencies within the market. However, we then go on to show that these inefficiencies can be reduced when the mediating auction institution uses appropriate auction fees that deter sellers from submitting shill bids

Dynamic Bayesian Combination of Multiple Imperfect Classifiers

Classifier combination methods need to make best use of the outputs of multiple, imperfect classifiers to enable higher accuracy classifications. In many situations, such as when human decisions need to be combined, the base decisions can vary enormously in reliability. A Bayesian approach to such uncertain combination allows us to infer the differences in performance between individuals and to incorporate any available prior knowledge about their abilities when training data is sparse. In this paper we explore Bayesian classifier combination, using the computationally efficient framework of variational Bayesian inference. We apply the approach to real data from a large citizen science project, Galaxy Zoo Supernovae, and show that our method far outperforms other established approaches to imperfect decision combination. We go on to analyse the putative community structure of the decision makers, based on their inferred decision making strategies, and show that natural groupings are formed. Finally we present a dynamic Bayesian classifier combination approach and investigate the changes in base classifier performance over time.Comment: 35 pages, 12 figure

Boson gas in a periodic array of tubes

We report the thermodynamic properties of an ideal boson gas confined in an infinite periodic array of channels modeled by two, mutually perpendicular, Kronig-Penney delta-potentials. The particle's motion is hindered in the x-y directions, allowing tunneling of particles through the walls, while no confinement along the z direction is considered. It is shown that there exists a finite Bose- Einstein condensation (BEC) critical temperature Tc that decreases monotonically from the 3D ideal boson gas (IBG) value $T_{0}$ as the strength of confinement $P_{0}$ is increased while keeping the channel's cross section, $a_{x}a_{y}$ constant. In contrast, Tc is a non-monotonic function of the cross-section area for fixed $P_{0}$. In addition to the BEC cusp, the specific heat exhibits a set of maxima and minima. The minimum located at the highest temperature is a clear signal of the confinement effect which occurs when the boson wavelength is twice the cross-section side size. This confinement is amplified when the wall strength is increased until a dimensional crossover from 3D to 1D is produced. Some of these features in the specific heat obtained from this simple model can be related, qualitatively, to at least two different experimental situations: $^4$He adsorbed within the interstitial channels of a bundle of carbon nanotubes and superconductor-multistrand-wires Nb$_{3}$Sn.Comment: 9 pages, 10 figures, submitte

Anemia prevalence in women of reproductive age in low- and middle-income countries between 2000 and 2018

Anemia is a globally widespread condition in women and is associated with reduced economic productivity and increased mortality worldwide. Here we map annual 2000–2018 geospatial estimates of anemia prevalence in women of reproductive age (15–49 years) across 82 low- and middle-income countries (LMICs), stratify anemia by severity and aggregate results to policy-relevant administrative and national levels. Additionally, we provide subnational disparity analyses to provide a comprehensive overview of anemia prevalence inequalities within these countries and predict progress toward the World Health Organization’s Global Nutrition Target (WHO GNT) to reduce anemia by half by 2030. Our results demonstrate widespread moderate improvements in overall anemia prevalence but identify only three LMICs with a high probability of achieving the WHO GNT by 2030 at a national scale, and no LMIC is expected to achieve the target in all their subnational administrative units. Our maps show where large within-country disparities occur, as well as areas likely to fall short of the WHO GNT, offering precision public health tools so that adequate resource allocation and subsequent interventions can be targeted to the most vulnerable populations.Peer reviewe

Observation of electroweak production of Wγ with two jets in proton-proton collisions at √s = 13 TeV

A first observation is presented for the electroweak production of a W boson, a photon, and two jets in proton-proton collisions. The W boson decays are selected by requiring one identified electron or muon and an imbalance in transverse momentum. The two jets are required to have a high dijet mass and a large separation in pseudorapidity. The measurement is based on data collected with the CMS detector at a center-of-mass energy of 13 TeV, corresponding to an integrated luminosity of 35.9 fb$^{-1}$. The observed (expected) significance for this process is 4.9 (4.6) standard deviations. After combining with previously reported CMS results at 8 TeV, the observed (expected) significance is 5.3 (4.8) standard deviations. The cross section for the electroweak W$_{γjj}$ production in a restricted fiducial region is measured as 20.4 +/- 4.5 fb and the total cross section for W$_{γ}$ production in association with 2 jets in the same fiducial region is 108 +/- 16 fb. All results are in good agreement with recent theoretical predictions. Constraints are placed on anomalous quartic gauge couplings in terms of dimension-8 effective field theory operators