The Exchange Regime, Resource Allocation, and Uncertainty

Resource allocation under channel uncertainty

Scheduling policies in multi-queue multi-server systems need to allocate servers based on the channel state information and the queue state information. In the downlink, channel state information available to the scheduler may be imperfect due to feedback delay and estimation errors. Motivated by this, we consider the downlink scheduling problem of allocating servers to multi-queue multi-server...

Fiscal Regime Uncertainty, Risk Aversion, and Exhaustible Resource Depletion

How d s u n c e r t a i n t y a b o u t f u t u r e r e n t t a x l i a b i l i t y a f f e c t t h e compe t i t i ve supply p a t t e r n f o r an e x h a u s t i b l e resource? H i s t o r i c a l l y , changes i n t a x and r e g u l a t o r y c l a u s e s h a v e b e e n a f r e q u e n t occurrence i n t h e Petroleum indus t ry , and appear t o h a v e c o n t r i b u t e d t o t h e c...

The Impact of Exchange Rate and Investor Confidence Uncertainty on Monetary and Economic Uncertainty in Iran

Failure to timely identify the occurrence of various shocks in the foreign exchange market due to the close relationship with the monetary, macroeconomic, and financial uncertainty can lead to crises and imbalances. In this paper, the effect of exchange rate and investor confidence on monetary and economic uncertainty in Iran is investigated, specifying a Multivariate GARCH model and the Grange...

Auctions or Contests ? Resource allocation under strategic uncertainty

We compare methods to allocate resources or operator licenses in industries where the future value of the resource is unknown at the time of allocation as it depends on ex-post joint actions of operators. For example, the value of radio spectrum licenses may depend on ex-post investments into infrastructure development by the operators. Some countries consider infrastructure development among t...

Resource allocation problems under uncertainty in humanitarian supply chains