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Full-Text Articles in Discrete Mathematics and Combinatorics
Cagan Type Rational Expectations Model On Time Scales With Their Applications To Economics, Funda Ekiz
Cagan Type Rational Expectations Model On Time Scales With Their Applications To Economics, Funda Ekiz
Masters Theses & Specialist Projects
Rational expectations provide people or economic agents making future decision with available information and past experiences. The first approach to the idea of rational expectations was given approximately fifty years ago by John F. Muth. Many models in economics have been studied using the rational expectations idea. The most familiar one among them is the rational expectations version of the Cagans hyperination model where the expectation for tomorrow is formed using all the information available today. This model was reinterpreted by Thomas J. Sargent and Neil Wallace in 1973. After that time, many solution techniques were suggested to solve the …
Coalitions And Cliques In The School Choice Problem, Sinan Aksoy, Alexander Adam Azzam, Chaya Coppersmith, Julie Glass, Gizem Karaali, Xueying Zhao, Xinjing Zhu
Coalitions And Cliques In The School Choice Problem, Sinan Aksoy, Alexander Adam Azzam, Chaya Coppersmith, Julie Glass, Gizem Karaali, Xueying Zhao, Xinjing Zhu
Pomona Faculty Publications and Research
The school choice mechanism design problem focuses on assignment mechanisms matching students to public schools in a given school district. The well-known Gale Shapley Student Optimal Stable Matching Mechanism (SOSM) is the most efficient stable mechanism proposed so far as a solution to this problem. However its inefficiency is well-documented, and recently the Efficiency Adjusted Deferred Acceptance Mechanism (EADAM) was proposed as a remedy for this weakness. In this note we describe two related adjustments to SOSM with the intention to address the same inefficiency issue. In one we create possibly artificial coalitions among students where some students modify their …
Business Ethics As Rational Choice, John Hooker