We show that, in a two-period economy with uncertainty in the second period, if an allocation is Pareto optimal for a given set of beliefs and remains optimal when these beliefs are changed, then the set of optimal allocations of the two economies must actually coincide. We identify equivalence classes of beliefs giving rise to the same set of Pareto optimal allocations. Journal of Economic Lit...

The existence of a Paretian and finitely anonymous ordering in the set of infinite utility streams implies the existence of a non-Ramsey set (a nonconstructive object whose existence requires the axiom of choice). Therefore, each Paretian and finitely anonymous quasi-ordering either is incomplete or does not have an explicit description. Hence, the possibility results of Svensson (1980) and of ...

Analytic equations are developed for the single-scattering properties of a spherical particle embedded in an absorbing medium, which include absorption, scattering, extinction efficiencies, the scattering phase function, and the asymmetry factor. We derive absorption and scattering efficiencies by using the near field at the surface of the particle, which avoids difficulty in obtaining the exti...

We characterize methods of dividing a cake between two bidders in a way that is incentive-compatible and Pareto-efficient. In our cake cutting model, each bidder desires a subset of the cake (with a uniform value over this subset), and is allocated some subset. Our characterization proceeds via reducing to a simple one-dimensional version of the problem, and yields, for example, a tight bound o...

We present a decentralized evolutionary mechanism that realizes intertemporal Pareto e¢cient allocations in an in...nite horizon pure exchange economy with n ̧ 2 in...nitely lived consumers. We prove that the mechanism is informationally e¢cient in the sense that no other decentralized mechanism exists (whether it is evolutionary or not) that realizes this intertemporal goal with less informati...

We show that the detection efficiencies required for closing the detection loophole in Bell tests can be significantly lowered using quantum systems of dimension larger than two. We introduce a series of asymmetric Bell tests for which an efficiency arbitrarily close to 1/N can be tolerated using N-dimensional systems, and a symmetric Bell test for which the efficiency can be lowered down to 61...

We discuss how to measure allocative efficiency without presuming technical efficiency. This is relevant when it is easier to introduce reallocations than improvements of technical efficiency. We compare the approach to the traditional one of assuming technical efficiency before measuring allocative efficiency. In particular, we develop necessary and sufficient conditions on the technology to e...

The version 2 of the ITU recommendation H.263, better known as H.263+, includes a number of new mechanisms to improve coding efficiency and support various types of networks more efficiently. This paper provides an overview of the error resilience optional modes of H.263+ and describes the use of such modes in various network scenarios.

We consider normal form games in which two players decide on their strategies before the start of play and Player 1 can purchase noisy information about his opponent’s decisions concerning future response policies (i.e., spy on his opponent). We give a full characterization of the set of distributions over the players’ payo¤s that can be induced by such equilibria, as well as describe their wel...