We study how to efficiently motivate policy-makers solve political multitask problems. Political problems typically have some outcomes that are difficult measure. Moreover, there conflicts among citizens about optimal policies and the power tax invest in better for tasks. develop a agency model with two tasks only one measurable outcome. In such an environment, choose socially inefficient publi...

A key obstacle to increasing renewable energy penetration in the power grid is lack of utility-scale storage capacity. Transportation electrification has potential overcome this since Electric Vehicles (EVs) that are not transit can provide battery as a service grid. This referred EV-Power integration, and could potentially be milestone pathway decarbonize electricity transportation sectors. We...

We design two computationally-e cient incentive-compatible mechanisms for combinatorial auctions with general bidder preferences. Both mechanisms are randomized, and are incentivecompatible in the universal sense. This is in contrast to recent previous work that only addresses the weaker notion of incentive compatibility in expectation. The rst mechanism obtains an O( √ m)-approximation of the ...

We investigate experimentally how explicit performance incentives in incomplete employment contracts interact with agents’ voluntary cooperation in one-shot and repeated gift-exchange experiments. If contracts are incentive compatible, agents choose their bestreply effort and there is no voluntary cooperation. By contrast, there is substantial voluntary cooperation if the contract is not incent...

The most important theoretical argument concerning decentralization is that it can improve governance by making government more accountable and responsive to the governed. Improving governance is also central to the motivations of real-world reformers, who bear risks and costs in the interest of devolution. But the literature has mostly focused instead on policy-relevant outcomes, such as educa...

We present a bilevel optimization approach to designing effective and efficient incentive policies for promoting renewable energy. The effectiveness of an incentive policy is its capability to achieve a goal that would not be achievable without it. Renewable portfolio standard is used in this thesis as the policy goal. The efficiency of an incentive policy is measured by the amount of intervent...

This paper analyzes a two-player game of strategic experimentation with three-armed exponential bandits in continuous time. Players face replica bandits, with one arm that is safe in that it generates a known payoff, whereas the likelihood of the risky arms’ yielding a positive payoff is initially unknown. It is common knowledge that the types of the two risky arms are perfectly negatively corr...