Regression analysis, in which anyone can find similar conclusions, has been used particularly in the field of economics. It is certainly deterministic. It seems that if a determinate coefficient approaches 1, we can be confident in the conclusions of the analysis, but the conclusions of regression analysis are more ambiguous than commonly thought. Indeed, we have faced great difficulties in for...

Economics and Computation: Ad Auctions and Other Stories by Christopher A. Wilkens Doctor of Philosophy in Computer Science University of California, Berkeley Professor Christos H. Papadimitriou, Chair There is a growing research tradition in the interface between Economics and Computer Science: Economic insights and questions about incentives inform the design of systems, while concepts from t...

In this paper, we consider a dynamic model in which a firm’s headquarters (HQ) allocates the limited capital budget into two divisions which are privately informed of their investment opportunities, having an overstating incentive. The vertical communication between HQ and each division is based on a contract, while the horizontal communication between divisions is collusive to overstate. The m...

Patients needing kidney transplants may have willing donors who cannot donate to them because of blood or tissue incompatibility. Incompatible patient-donor pairs can exchange donor kidneys with other such pairs. The situation facing such pairs resembles models of the “double coincidence of wants,” and relatively few exchanges have been consummated by decentralized means. As the population of a...

r 200 3 lmaden. Summary The creation of value is the core purpose and central process of economic exchange. Traditional models of value creation focus on the firm’s output and price. We present an alternative perspective, one representing the intersection of two growing streams of thought, service science and service-dominant (S-D) logic. We take the view that (1) service, the application of co...

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Within the last decade kidney exchanges emerged as a modality of transplantation to better utilize living donation possibilities as a cross disciplinary success of medical doctors and ethicists, market design economists, and computer scientists. This paper summarizes at which fronts these efforts have been successful and what needs to be done further to increase their impact. Also this paradigm...

Given its dictum of market equilibrium, economics in general obviously does poorly in shouldering market dynamics. Pervading obligatory traits of the market (other than mere dyadic contracting) is yet another area where not much attention is devoted. Whereas the Austrian agenda fills the first of these voids in a most sophisticated manner, its current discourse appears as oblivious concerning t...

The aim of this annual workshop is to offer a forum for young researchers from the field of International Economics to present and to discuss their current topics of research with other experts. The workshop also provides the opportunity to gain an overview of recent developments, problems and methodological approaches in this field. The aim of this paper is to discuss excess comovements for th...

We examine how partners in vertical exchange relationships actually resolve disputes that are sufficiently serious to get lawyers involved. Reaching beyond the usual domain of organizational and management research, we leverage findings from law and economics to offer a novel organizational perspective on litigation and private dispute resolution, and we develop hypotheses about the likelihood ...