We put forward a new mechanism achieving a high benchmark for (both revenue and) the sum of revenue and efficiency in truly combinatorial auctions. Notably, our mechanism guarantees its performance • in a very adversarial collusion model; • for any profile of strategies surviving the iterated elimination of dominated strategies; and • by leveraging the knowledge that the players have about each...

• Community Revenue Collection Systems • Why Computerize? • Potential Market • Problems of Manual or Centralized Systems • Fault Tolerant Technology • Cost-Effective Mobile Technology • Scalability • Benefits for Government • Increased Collection Efficiency • Control of the Collection Process • Efficient Time Utilization • Minimal Training Required • Future Revenue Streams? • The P...

We put forward a new mechanism achieving a high benchmark for (both revenue and) the sum of revenue and efficiency in truly combinatorial auctions. Notably, our mechanism guarantees its performance • in a very adversarial collusion model; • for any profile of strategies surviving the iterated elimination of dominated strategies; and • by leveraging the knowledge that the players have about each...

Background: After revenue-sharing system reform, the proportion of tax refund in fiscal transfer payments continued to decline, and the proportion of categorical grant and condition grant is increased. The paper studies how transfer payment structure effect fiscal efficiency from the perspective of local financial revenue structure. Methods: This paper use the SE-DEA model to measures the finan...

Capacity planning decisions affect a significant portion of future revenue. In the semiconductor industry, they need to be made in the presence of both highly volatile demand and long capacity installation lead-times. In contrast to traditional discrete-time models, we present a continuous-time stochastic programming model for multiple resource types and product families. We show how this appro...

In the United States, water conservation-oriented rates (WCOR) are an increasingly vital tool for promoting water conservation and mitigating urban drought. Our models prove that one type of WCOR, drought demand rates (DDR), can produce with minimal regulation the quadruple objectives of conservation rates: (1) improving efficiency; (2) providing revenue neutrality; (3) assuring distributional ...

Combinatorial Auctions (CAs) are promising to increase social welfare by enabling bidders to express their valuation on any combination of items. A major issue of many CAs is the requirement to optimally solve the NP-hard Combinatorial Allocation Problem. To release a centralized auctioneer from that computational burden he can shift it to the bidders. One of the few discussed decentralized auc...

This study examines how consumers’ interest in a new movie develops around paid and earned media in pre-launch periods, how this interest impacts opening-week revenue, and how postlaunch revenue of a movie is influenced by advertising and various earned media. The prelaunch, opening-week and post-launch worlds are structurally different and we therefore develop three separate models, two multip...