We consider an auction environment with interdependent values. Each bidder can learn her payoff type through costly information acquisition. We contrast the socially optimal decision to acquire information with the equilibrium solution in which each agent has to privately bear the cost of information acquisition. In the context of the generalized Vickrey-Clarke-Groves mechanism, we establish th...

We consider an auction environment with interdependent values. Each bidder can learn her payoff type through costly information acquisition. We contrast the socially optimal decision to acquire information with the equilibrium solution in which each agent has to privately bear the cost of information acquisition. In the context of the generalized Vickrey-Clarke-Groves mechanism, we establish th...

Simple correlated random walk (CRW) models are rarely sufficient to describe movement of animals over more than the shortest time scales. However, CRW approaches can be used to model more complex animal movement trajectories by assuming individuals move in one of several different behavioural or movement states, each characterized by a different CRW. The spatial and social context an individual...

We consider an auction environment with interdependent values. Each bidder can learn her payoff type through costly information acquisition. We contrast the socially optimal decision to acquire information with the equilibrium solution in which each agent has to privately bear the cost of information acquisition. In the context of the generalized Vickrey–Clarke– Groves mechanism, we establish t...

BACKGROUND Screening invitations have traditionally been brief, providing information only about population benefits. Presenting information about the limited individual benefits and potential harms of screening to inform choice may reduce attendance, particularly in the more socially deprived. At the same time, amongst those who attend, it might increase motivation to change behavior to reduce...

OBJECTIVE The National Population Policy aims to expand voluntary and informed use of contraceptive services. This paper examines the determinants of use of female sterilisation versus other contraceptive methods in rural Bihar, one of the most socially and economically deprived states in India. METHODS Data for 1378 ever-married women aged 15-49 years in rural Bihar, who are currently using ...

Mainstream economic thought and practice has resulted in widespread socioeconomic disparity and environmental devastation in all corners of the world, unmitigated by a multi-billion dollar development industry informed by these same economic models. To reverse this trend, the dominant forms of economic thought and practice must be reunited with ethics that are more caring of the human-nature ba...

Child sexual abuse is a major global public health concern, affecting one in eight children and causing massive costs including depression, unwanted pregnancy, and HIV. The gravity of this global issue is reflected by the United Nations' new effort to respond to sexual abuse in the 2015 Sustainable Development Goals. The fundamental policy aims are to improve prevention, identification, and opt...