This paper formulates and studies a general continuous-time behavioral portfolio selection model under Kahneman and Tversky's (cumulative) prospect theory, featuring S-shaped...
—The implementation of distributed network utility maximization (NUM) algorithms hinges heavily on information feedback through message passing among network elements. In practic...
In a series of articles, we developed a method to translate general recursive functions written in a functional programming style into constructive type theory. Three problems rema...
We study the classic mathematical economics problem of Bayesian optimal mechanism design where a principal aims to optimize expected revenue when allocating resources to self-inte...
Shuchi Chawla, Jason Hartline, David Malec and Bal...
A theory is elaboration tolerant to the extent that new information can be incorporated with only simple changes. The simplest change is conjoining new information, and only conju...