The revenue ranking of asymmetric auctions with two heterogenous bidders is examined. The main theorem identi…es a general environment in which the …rst-price auction is more pro…table than the second-price auction. By using mechanism design techniques, the problem is simpli…ed and several extensions are made possible. Roughly speaking, the …rst-price auction is more pro…table when the strong b...

Uncertain differential equation is a kind of differential equations driven by Liu processes, many concepts of stability for uncertain differential equations have been researched. This paper first presents a concept of convergence in inverse distribution for an uncertain sequence, and then proposes a concept of stability in inverse distribution for an uncertain differential equation. A sufficien...

In the three-dimensional open rectangular domain, problem of identification redefinition function for a partial differential equation with Gerasimov–Caputo-type fractional operator, degeneration, and integral form condition is considered in case 0<??1 order. A positive parameter present mixed derivatives. The solution this studied class regular functions. Fourier series method used, countabl...

A microscopic heterogeneous system under random influence is considered. The randomness enters the system at physical boundary of small scale obstacles as well as at the interior of the physical medium. This system is modeled by a stochastic partial differential equation defined on a domain perforated with small holes (obstacles or heterogeneities), together with random dynamical boundary condi...

In this article, we propose the sparse grid combination technique for the second moment analysis of elliptic partial differential equations on random domains. By employing shape sensitivity analysis, we linearize the influence of the random domain perturbation on the solution. We derive deterministic partial differential equations to approximate the random solution’s mean and its covariance wit...