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Equal Chances Or Fewer Victims? Moral Judgments In Autonomous Vehicle Dilemmas, Alexander Matros, Eren Bilen, Leonid Matros Feb 2026

Equal Chances Or Fewer Victims? Moral Judgments In Autonomous Vehicle Dilemmas, Alexander Matros, Eren Bilen, Leonid Matros

Faculty Publications

We examine the moral dilemma of how autonomous vehicles (AVs) should be programmed to act in unavoidable crash scenarios involving trade-offs between saving one life and saving many. We report results from three experimental studies that investigate individuals’ preferences over alternative AV decision rules in stylized crash scenarios. Across designs, we find robust support for a probabilistic decision rule that assigns passengers and pedestrians equal ex ante chances of survival (a 50:50 rule). This preference persists across different framings and remains salient even when additional probabilistic options are introduced.


The Generative Ai Game Is Afoot: A Workshop Series, Denise A. Wetzel, Elliott Rose Feb 2026

The Generative Ai Game Is Afoot: A Workshop Series, Denise A. Wetzel, Elliott Rose

Georgia International Conference on Information Literacy

Generative artificial intelligence (AI) is transforming how we create, learn, and solve problems, making it essential for students to engage with these tools both skillfully and ethically. This presentation introduces “The Generative AI Game is Afoot,” a themed workshop series designed to explore generative AI through the lens of detective work inspired by Sherlock Holmes. Using the metaphor of digital sleuths and their trusted partners, the series invites participants to unravel the mysteries of generative AI with curiosity, critical thinking, and practical know-how.

The series consists of four interactive workshops followed by an open forum. The first workshop, "Writing Effective …


The Normal Gem, November 1891, Vol. Iv, No. 2, Florence State Normal School Feb 2026

The Normal Gem, November 1891, Vol. Iv, No. 2, Florence State Normal School

Documents

Four pages of the November 1891 edition of The Normal Gem newspaper.

The Normal Gem: A Monthly Journal Devoted to the Interest of Education in Alabama existed as one of the University of North Alabama’s earliest student news publications. The publication derives its name from the university’s designation as the Florence State Normal School, the first state-supported teachers' college south of the Ohio River, which existed from 1872 through 1928 until the name was once again changed to Florence State College. The newspapers within the collection feature reflections on student life and education from October of 1889 through November of …


The World's Largest Saddle Dam At Risk: Multisensor Geohazard Analysis And Downstream Impacts, Hesham El-Askary, Hesham Morgan, Surendra Maharjan, Ali Elgendy, Wenzhao Li, Rejoice Thomas, Austin Madson, Cyril Rakovski Feb 2026

The World's Largest Saddle Dam At Risk: Multisensor Geohazard Analysis And Downstream Impacts, Hesham El-Askary, Hesham Morgan, Surendra Maharjan, Ali Elgendy, Wenzhao Li, Rejoice Thomas, Austin Madson, Cyril Rakovski

Mathematics, Physics, and Computer Science Faculty Articles and Research

The Grand Ethiopian Renaissance Dam (GERD) Saddle Dam, which holds approximately 89% of the main reservoir's live storage, is one of the largest and most critical auxiliary dams globally; its construction on Ethiopia's Blue Nile has consequently raised significant regional and international concerns regarding potential environmental impacts and geohazard risks. This study presents a comprehensive risk assessment of the GERD Saddle Dam by integrating high-resolution satellite data (GRACE, Sentinel-1, Sentinel-2, WorldView-3), hydrological modeling (SWAT), Persistent Scatterer Interferometry (PSI), geospatial analysis, and advanced statistical techniques. The results highlight critical structural vulnerabilities, including groundwater infiltration estimated at approximately 41 ± 6.2 billion …


Exploring The Landscape Of Ai In English Language Teaching: A Comprehensive Bibliometric Analysis, Zuliati Rohmah, Aura Bunga Tauhid Feb 2026

Exploring The Landscape Of Ai In English Language Teaching: A Comprehensive Bibliometric Analysis, Zuliati Rohmah, Aura Bunga Tauhid

Bahasa dan Seni: Jurnal Bahasa, Sastra, Seni, dan Pengajarannya

This study provides a comprehensive bibliometric analysis of Artificial Intelligence (AI) applications in English Language Teaching (AI-ELT), focusing on global research trends, influential authors, and emerging themes from 1986 to 2024. The findings reveal a significant surge in AI-ELT publications since 2019, driven by technological advancements, the COVID-19 pandemic, and the growing integration of adaptive learning systems, natural language processing tools, and AI-driven chatbots. Notably, China leads in research output and citation impact, followed by contributions from Saudi Arabia, Indonesia, and the United States, underscoring regional disparities and opportunities for global collaboration. Key trends highlight the dominance of keywords like …


College Student Perceptions Of Ai Teaching Assistants: Bridging Technology And Human Connection For Effective Learning Support, Sarah Steimel Feb 2026

College Student Perceptions Of Ai Teaching Assistants: Bridging Technology And Human Connection For Effective Learning Support, Sarah Steimel

International Journal of Teaching and Learning in Higher Education

This study examines college students’ perceptions of AI Teaching Assistants (AITAs) in higher education, focusing on their communication experiences and expectations. Using qualitative data from (n=89) open-ended survey responses, six key themes emerged, spanning differences in information processing, social interaction, and task efficiency. Students appreciated AITAs for their speed, availability, and potential to provide unbiased feedback, yet expressed concerns about accuracy and trustworthiness. While AITAs were seen as approachable for simple or low-stakes inquiries, students emphasized the importance of human instructors for complex, nuanced, or emotional support. The findings highlight a preference for maintaining human connections in education while leveraging …


Cash Or Crash: Return To Player Percentages And Expected Value Of Crash Games, Robert H. Scott Iii, Mikhail M. Sher, Jonathan Daigle Feb 2026

Cash Or Crash: Return To Player Percentages And Expected Value Of Crash Games, Robert H. Scott Iii, Mikhail M. Sher, Jonathan Daigle

UNLV Gaming Research & Review Journal

Crash games are a new type of casino game offered on some online gambling sites. The first crash game was created by the online cryptocurrency casino Bustabit. Other cryptocurrency casinos started offering their own versions of crash games. Now mainstream online casinos have developed their own crash games—notably Rocket by DraftKings. Crash games are easy to learn and play. They offer the opportunity to increase your bet by many hundreds of multiples—though, as we show when deriving expected values, these outcomes are rare. In this paper, we study the history of crash games and calculate theoretical values of crash game …


Emotional Branch Termination And False Fantasy Collapse: A Structural Specification Of Computational Resource Restitution In Interpersonal Systems, Griselda Poe Feb 2026

Emotional Branch Termination And False Fantasy Collapse: A Structural Specification Of Computational Resource Restitution In Interpersonal Systems, Griselda Poe

Publications and Research

This paper specifies the structural protocol for communication within interpersonal systems by focusing on branch generation mechanisms and computational resource allocation. Conventional interpersonal communication often relies on emotional modulation, which obscures established constraints and triggers the generation of Emotional Branches (EB) within the recipient’s internal model. These branches function as unresolved parallel processing tasks that persistently occupy working memory, leading to a state of non-computability termed False Fantasy (FF). To resolve this, the study introduces Emotional Branch Termination (EBT)—a termination operation that outputs only constraints, facts, and procedures while excluding emotional modifiers. By halting the supply of EBs, EBT triggers …


A New Tool For Handling Multiracial And Multi-Identity Data In Health Research, Gabriel J. Merrin Feb 2026

A New Tool For Handling Multiracial And Multi-Identity Data In Health Research, Gabriel J. Merrin

Population Health Research Brief Series

When surveys ask about race or ethnicity, a growing number of Americans select more than one category. The multiracial population now represents over 10% of the U.S. population and is the fastest growing racial group in the country. Yet researchers routinely collapse these individuals into an “other race” category for statistical analysis, rendering specific subgroups invisible. This brief introduces CATAcode, a free software tool that helps researchers systematically explore, document, and prepare check-all-that-apply demographic data for statistical modeling. In a demonstration with over 8,000 high school students, CATAcode revealed 85 distinct racial identity combinations from just eight response options. The …


Stated Preferences For Public Provision Of Services: Experimental Evidence From Latin America, Hernán Bejarano, Matias Busso, Juan Francisco Santos Feb 2026

Stated Preferences For Public Provision Of Services: Experimental Evidence From Latin America, Hernán Bejarano, Matias Busso, Juan Francisco Santos

ESI Working Papers

We study how individuals in six Latin American countries value public versus private provision of education and healthcare using a survey experiment. Respondents were randomly assigned to vignettes that vary income, service quality, and provider type. Reported service quality is the main driver of choices: the probability of selecting a private provider roughly doubles when reported quality of the public option falls from 80 to 20 percent, while income has a smaller effect. Higher institutional trust lowers the likelihood of switching to private providers but does not affect willingness to pay once individuals choose private provision.


On The Misattribution Of Reassurance: A Structural Account, Griselda Poe Feb 2026

On The Misattribution Of Reassurance: A Structural Account, Griselda Poe

Publications and Research

This paper challenges the conventional assumption that empathy generates reassurance in interpersonal services. Reassurance is treated not as an emotion transmitted from the outside, but as an internal state transition that arises when a fixed and erroneous world model—a False Fantasy—undergoes collapse and the world becomes computable again. The study identifies a systematic misattribution pattern where providers and receivers treat empathy as a causal mechanism rather than a post hoc explanatory label. By introducing Base AI as an external reference—a system capable of providing structural information without emotional modulation—this paper demonstrates that reassurance is generated through operations such as distraction …


Evaluating Climatic Niche Suitability For Bos Javanicus Reintroduction In Cagar Alam Pananjung Pangandaran Using Maxent And Native-Habitat Benchmarks From Ujung Kulon And Alas Purwo, Azhari Al Kautsar, Masita Dwi Mandini Manessa Feb 2026

Evaluating Climatic Niche Suitability For Bos Javanicus Reintroduction In Cagar Alam Pananjung Pangandaran Using Maxent And Native-Habitat Benchmarks From Ujung Kulon And Alas Purwo, Azhari Al Kautsar, Masita Dwi Mandini Manessa

Jurnal Geografi Lingkungan Tropik (Journal of Geography of Tropical Environments)

The Javan banteng (Bos javanicus) persists on Java mainly in a small number of protected-area strongholds, making robust climatic niche characterization important for conservation planning and for evaluating potential management or restoration targets. Here, we modeled banteng climatic suitability in southwestern Java using a MaxEnt (maxnet) framework calibrated with bioclimatic predictors from CHELSA and benchmark occurrence records from extant populations in Ujung Kulon National Park (UKNP) and Alas Purwo National Park (APNP). To contextualize transferability to non-occupied protected habitat, we also projected suitability to Cagar Alam Pananjung Pangandaran (CAPP) and quantified environmental novelty using the Multivariate Environmental Similarity Surface (MESS). …


Analysis Of Superior Economic Potential In South Tangerang City With Banten Province Comparator Using Location Quotient, Dynamic Location Quotient, And Shift Share Analysis Methods, Muhammad Qabus Abid Khairullah, Rastika Widiastuti, Cindy Adria Ananda Putri, Hayuning Anggrahita Feb 2026

Analysis Of Superior Economic Potential In South Tangerang City With Banten Province Comparator Using Location Quotient, Dynamic Location Quotient, And Shift Share Analysis Methods, Muhammad Qabus Abid Khairullah, Rastika Widiastuti, Cindy Adria Ananda Putri, Hayuning Anggrahita

Jurnal Geografi Lingkungan Tropik (Journal of Geography of Tropical Environments)

Gross Regional Domestic Product (GRDP) is a key indicator for understanding regional economic structure and dynamics. Differences in sectoral contributions reflect levels of specialization, competitiveness, and growth potential, making comparative and dynamic sectoral analyses essential for regional development planning. This study aims to identify leading, supporting, potential, and lagging economic sectors using Location Quotient (LQ), Dynamic Location Quotient (DLQ), and Shift Share Analysis by comparing the economic performance of South Tangerang City with Banten Province. The analysis is based on GRDP at constant prices by industrial sector for the period 2019-2023. LQ is applied to identify sectoral comparative advantages, DLQ …


Corrigendum To “Interim Rationalizable Implementation Of Functions” (Kunimoto T, Saran R, Serrano R (2024) Mathematics Of Operations Research 49(3):1791–1824), Takashi Kunimoto, Rene Saran, Roberto Serrano Feb 2026

Corrigendum To “Interim Rationalizable Implementation Of Functions” (Kunimoto T, Saran R, Serrano R (2024) Mathematics Of Operations Research 49(3):1791–1824), Takashi Kunimoto, Rene Saran, Roberto Serrano

Research Collection School Of Economics

This is the brief corrigendum to “Interim rationalizable implementation of functions” [Kunimoto T, Saran R, Serrano R (2024) Interim rationalizable implementation of functions. Math. Oper Res. 49(3):1791–1824].


A Hydrogen Hub Blueprint For The California Supply Chain, Tyler Reeb, Barbara Taylor Feb 2026

A Hydrogen Hub Blueprint For The California Supply Chain, Tyler Reeb, Barbara Taylor

Mineta Transportation Institute

As global climate targets tighten and state regulations accelerate, hydrogen technology presents a significant opportunity to help California supply chain and transportation stakeholders comply with state emissions mandates and global goals aimed to reduce the impacts of climate change. However, while fuel cell costs and infrastructure have received attention, workforce development remains overlooked. Hydrogen fuel cell electric vehicles (FCEVs) are especially promising for diesel-reliant sectors that are hard to decarbonize without negatively impacting operational efficiency. But scaling hydrogen vehicles and infrastructure in tandem with emerging consumer and industrial markets will not be easy. State and federal policies, often conflicting, further …


Texture Density Discrimination Is More Precise Than Number Discrimination, Frank H. Durgin, Nichole Suero Gonzalez , '27, P. Wen, A. C. Huk Feb 2026

Texture Density Discrimination Is More Precise Than Number Discrimination, Frank H. Durgin, Nichole Suero Gonzalez , '27, P. Wen, A. C. Huk

Psychology Faculty Works

Density information is a possible primitive for the perception of numerosity. It has been argued, however, that the perception of numerosity is more precise than density perception at low numbers, whereas density is more precise for high numbers. An interpretive problem with the stimuli used to make those claims is that actual stimulus density was often mis-specified owing to an ambiguity regarding the idealized versus actual filled area. This ambiguity had the effect of underestimating density precision at low numerosities. Here we used a novel method of stimulus generation that allows us to accurately specify stimulus density independent of patch …


Pricing And Production Without The Invisible Hand, Joel P. Flynn, George Nikolakoudis, Karthik A. Sastry Feb 2026

Pricing And Production Without The Invisible Hand, Joel P. Flynn, George Nikolakoudis, Karthik A. Sastry

Cowles Foundation Discussion Papers

Modern theories of the business cycle do not allow for the simultaneous rational choice of both prices and quantities, instead assuming that an “invisible hand” determines one of these variables to clear markets. In this paper, we develop a macroeconomic framework in which both prices and quantities are chosen directly by firms, and exchange is both voluntary and efficient. Because of uncertainty about demand and productivity, individual product markets can be in excess supply or rationed. The absence of market-clearing changes pricing and production in qualitatively important ways: markups are no longer determined solely by the elasticity of demand, and …


Communication As Layered Architecture: Core Processing And Empathic Modulation, Griselda Poe Feb 2026

Communication As Layered Architecture: Core Processing And Empathic Modulation, Griselda Poe

Publications and Research

This paper proposes a structural re-description of communication by separating Core processing from its social interface. Using the developmental sequence of Large Language Models (LLMs) as an external reference point, a layered architecture is identified, consisting of a foundational Core processing layer and a subsequent Empathic modulation layer.

The investigation begins with the observation that empathic signaling can obstruct rather than facilitate interaction for certain individuals. By examining the emergence of Base AI—Core processing prior to empathic adjustment—it is demonstrated that coherent, constraint-preserving interaction is possible without affective resonance.

Through this framework, existing cognitive theories and observed "deficits" are repositioned. …


Bibliography For Love Data Week 2026, Annikah Carpio, Sally Park Feb 2026

Bibliography For Love Data Week 2026, Annikah Carpio, Sally Park

Library Displays and Bibliographies

A bibliography created to support a display about research data and Love Data Week during February 2026 at the Leatherby Libraries at Chapman University.


Searching Smarter, Connecting Better, Abby Veiman Feb 2026

Searching Smarter, Connecting Better, Abby Veiman

University of Nebraska-Lincoln Libraries: White Papers

In Searching Smarter, Connecting Better, Abby Veiman reflects on her experience as a data-driven researcher to reimagine the future of research libraries. Drawing from her work as an Ameritas Research Assistant in Actuarial Science and Risk Management, she highlights how modern research is increasingly digital, analytical, and dependent on technological infrastructure rather than physical materials. Veiman argues that libraries must continue evolving beyond access to databases by strengthening technological capacity, supporting responsible AI integration, and providing clearer guidance on the effective and ethical use of emerging research tools. She emphasizes the need for libraries to serve as trusted institutions …


Derivation Of An Updated Brief Multivariable Prediction Model To Detect Panic-Related Anxiety In Emergency Department Patients With Cardiopulmonary Complaints, Sharon C. Sung, Felicia J. L. Ang, Arul Earnest, Leslie E. C. Lim, Shreshtha Jolly, Gilaine Rui Ng, A. John Rush, Marcus E. H. Ong Feb 2026

Derivation Of An Updated Brief Multivariable Prediction Model To Detect Panic-Related Anxiety In Emergency Department Patients With Cardiopulmonary Complaints, Sharon C. Sung, Felicia J. L. Ang, Arul Earnest, Leslie E. C. Lim, Shreshtha Jolly, Gilaine Rui Ng, A. John Rush, Marcus E. H. Ong

Research Collection School of Social Sciences

Background Patients with panic related-anxiety (i.e., panic attacks or panic disorder) frequently present to emergency departments (EDs) with cardiopulmonary complaints but are often undiagnosed, which can lead to recurrent visits and prolonged distress. This study aimed to derive a new symptom-based multivariable diagnostic prediction model to detect panic-related anxiety in ED patients with cardiopulmonary symptoms.Methods We conducted a single-blind prospective derivation study over 15 months in the ED of a major tertiary hospital in Singapore. Patients presenting with symptoms of palpitations, chest pain, dizziness, or difficulty breathing were assessed using the Structured Clinical Interview for DSM Disorders (SCID) to diagnose …


New Asymptotics Applied To Functional Coefficient Regression And Climate Sensitivity Analysis, Qiying Wang, Peter C. B. Phillips, Ying Wang Feb 2026

New Asymptotics Applied To Functional Coefficient Regression And Climate Sensitivity Analysis, Qiying Wang, Peter C. B. Phillips, Ying Wang

Research Collection School Of Economics

A general asymptotic theory is established for sample cross moments of nonstationary time series, allowing for long-range dependence and local unit roots. The theory provides a substantial extension of earlier results on nonparametric regression that include near-cointegrated nonparametric regression as well as spurious nonparametric regression. Many new models are covered by the limit theory, among which are functional coefficient regressions in which both regressors and the functional covariate are nonstationary. Simulations show finite sample performance matching well with the asymptotic theory and having broad relevance to applications, while revealing how dual nonstationarity in regressors and covariates raises sensitivity to bandwidth …


Deep Learning Style Transfer For Enhanced Smoke Plume Visibility: A Standardized False Color Composite (Sfcc) In Gems Satellite Imagery, Yemin Jeong, Seung Hee Kim, Menas Kafatos, Jeong-Ah Yu, Kyoung-Hee Sung, Seung-Yeon Kim, Goo Kim, Jae-Jin Kim, Yangwon Lee Feb 2026

Deep Learning Style Transfer For Enhanced Smoke Plume Visibility: A Standardized False Color Composite (Sfcc) In Gems Satellite Imagery, Yemin Jeong, Seung Hee Kim, Menas Kafatos, Jeong-Ah Yu, Kyoung-Hee Sung, Seung-Yeon Kim, Goo Kim, Jae-Jin Kim, Yangwon Lee

Institute for ECHO Articles and Research

Wildfire smoke visualization using geostationary satellite imagery is essential for real-time monitoring and atmospheric analysis; however, inconsistencies in color tone across Geostationary Environment Monitoring Spectrometer (GEMS) images hinder reliable interpretation and model training. This study proposes a Standardized False Color Composite (SFCC) framework based on deep learning style transfer to enhance the visual consistency and interpretability of wildfire smoke scenes. Four tone-standardization methods were compared: the statistical Empirical Cumulative Distribution Function (ECDF) correction and three neural approaches—ReHistoGAN, StyTr2, and Style Injection Diffusion Model (SI-DM). Each model was evaluated visually and quantitatively using six metrics (SSIM, LPIPS, FID, histogram similarity, ArtFID, …


2026 February, Morehead State University. Office Of Communications & Marketing. Feb 2026

2026 February, Morehead State University. Office Of Communications & Marketing.

Morehead State Press Release Archive, 1961 to the Present

Press releases for February of 2026.


The Feelit System: Application Content-Aware Perspectives And Challenges On Understanding User Likes In Social Network Posts, Konstantinos Theocharidis, Hady W. Lauw, Panagiotis Karras Feb 2026

The Feelit System: Application Content-Aware Perspectives And Challenges On Understanding User Likes In Social Network Posts, Konstantinos Theocharidis, Hady W. Lauw, Panagiotis Karras

Research Collection School Of Computing and Information Systems

In a series of our prior works, we study influence and subscription maximization problems in social networks that are based on posts having influential content; as content we consider a set of features where each feature corresponds to a specific social network page, whereas influence and subscription relate to gaining the postlike and subscription-to-brand page of targeted users, respectively; subscription is conceptually achieved as repetitive influence on users. So, both influence and subscription depend on content that gains the likes of users; however, to be realistic, modeling and estimating such likes is a complex problem that has not been adequately …


Zero-Shot Video Translation Via Token Warping, Haiming Zhu, Yangyang Xu, Jun Yu, Shengfeng He Feb 2026

Zero-Shot Video Translation Via Token Warping, Haiming Zhu, Yangyang Xu, Jun Yu, Shengfeng He

Research Collection School Of Computing and Information Systems

With the revolution of generative AI, video-related tasks have been widely studied. However, current state-of-the-art video models still lag behind image models in visual quality and user control over generated content. In this paper, we introduce TokenWarping, a novel framework for temporally coherent video translation. Existing diffusion-based video editing approaches rely solely on key and value patches in self-attention to ensure temporal consistency, often sacrificing the preservation of local and structural regions. Critically, these methods overlook the significance of the query patches in achieving accurate feature aggregation and temporal coherence. In contrast, TokenWarping leverages complementary token priors by constructing temporal …


How Consistent Friendlike Conversation With Ai Companions Influences Our Attitudes And Perceptions Toward Ai: An Exploratory Experiment, Qi Hui Jerlyn Ho, Meilan Hu, Adalia Yin Hui Goh, Emma Jane Pragasam, Andree Hartanto Feb 2026

How Consistent Friendlike Conversation With Ai Companions Influences Our Attitudes And Perceptions Toward Ai: An Exploratory Experiment, Qi Hui Jerlyn Ho, Meilan Hu, Adalia Yin Hui Goh, Emma Jane Pragasam, Andree Hartanto

Research Collection School of Social Sciences

Despite skepticism and distrust in artificial intelligence (AI), it is increasingly integrated into daily life, with its potential benefits drawing interest. Yet little is known about the attitudinal and psychological effects of human–AI interactions, and whether consistent interactions with AI chatbots can change users’ attitudes and perceptions. Our within-subjects experiment (N = 52) investigated how five days of socially oriented, friendlike interactions with an AI chatbot, versus a journaling control, influenced changes in attitudes and perceptions of AI. Participants’ attitudes towards AI, trust, perceived empathy, anthropomorphism, animacy, likeability, perceived intelligence and safety, dependency, and exploratory well-being indicators were recorded. Results …


Hold Paramount The Health, Safety, And Welfare Of The Public And The Planet, Daniel B. Oerther Feb 2026

Hold Paramount The Health, Safety, And Welfare Of The Public And The Planet, Daniel B. Oerther

Civil, Architectural and Environmental Engineering Faculty Research & Creative Works

No abstract provided.


Removed: When Taxi Drivers Meet Dynamic Pricing: A Lesson From Singapore's Justgrab Program, Shih-Fen Cheng, Wen-Tai Hsu, Jing Li Feb 2026

Removed: When Taxi Drivers Meet Dynamic Pricing: A Lesson From Singapore's Justgrab Program, Shih-Fen Cheng, Wen-Tai Hsu, Jing Li

Research Collection School Of Economics

This paper studies how dynamic pricing influences taxi drivers’ behaviors using a unique event, the inception of the JustGrab program in Singapore in 2017, which introduces dynamic pricing to some, but not all, taxi drivers. This is the first time in history that traditional taxi drivers have access to dynamic pricing. Using data covering the universe of taxi trips before and after the inception of JustGrab, we find that there is spatial reallocation that directs more taxi drivers to the previously less-served areas, that there is also a temporal reallocation that directs more taxi drivers to rush hours, as well …


Efficient Bilateral Trade With Interdependent Values: The Use Of Two-Stage Mechanisms, Takashi Kunimoto, Cuiling Zhang Feb 2026

Efficient Bilateral Trade With Interdependent Values: The Use Of Two-Stage Mechanisms, Takashi Kunimoto, Cuiling Zhang

Research Collection School Of Economics

Efficient, voluntary bilateral trades are generally not implementable in an interdependent values environment with two-sided asymmetric information. To obtain more positive results, we consider two-stage mechanisms in which (i) the outcome (e.g., allocation of the goods) is determined first; (ii) the agents partially learn the state via their own outcome-decision payoffs; and (iii) transfers are finally made. We propose the approximate shoot-the-liar (AS) mechanism and identify Assumption 1, under which “approximately” efficient, voluntary trades are implementable. We further illustrate the permissiveness of the assumption, and characterize it in terms of the nature of interdependence in valuation functions – delineating the …