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This paper establishes reserve price as an ethical necessity contrary to its popular interpretation as an instrument of revenue maximization. It provides an axiomatic justification to reserve pricing at Vickrey auction in single as well as multiple objects settings. In particular, it provides a topological interpretation of a reserve price as the infimum of the set of non-negative real numbers sat
Narratological studies have quite frequently focused upon linguistic structures, considered to be paradigmatic cases of narrativity, whereas pictorial signs (such as icons and symbols) or indices have received comparably much less attention. In this paper, however, I intend to outline some basic and regularly occurring narrative aspects of pictures and non-pictorial objects. As a point of departu
Can we reconcile stability with non-manipulability in pairing problems by selecting lotteries over matchings?We examine the problem of eliciting preferences to make pairs as introduced by Gale and Shapley (1962). We develop ex-ante notions of stability and non-manipulability that are parameterized by collections of utility functions. In particular, we study the collection of utility functions with
This chapter surveys intellectual attitudes to language and linguistical expression in 18th century Sweden. The constitutive function of class and gender is studied, as well as the use of gestures.
Conference Report from Forum for the Future of Democracy 2007.
This paper focuses on future scenarios of demand and supply of grain in China. Economic development has been growing at a steady pace for decades and there are no signs of a decline in the near future. Projections of population trends show that the population will continue to expand until 2050, when a levelling- off is predicted. The growth of both population and economy drives industrialisation a
