This article presents an indicator weighting method for constructing composite indices to assess sustainable development at the subnational level. The study uses an analytic hierarchy process (AHP), which is considered relevant, since it establishes links between the indicators that make up the...

Ranking methods are fundamental tools in many areas. Popular methods aggregate the statements of 'experts' in different ways. As such, there are various reasonable ranking methods, each one of them more or less adapted to the environment under consideration. This paper introduces a new method,...

We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing

We analyze a model of endogenous two-sided network formation where players are affected by uncertainty in their opponents' decisions. We model this uncertainty using the notion of equilibrium under ambiguity (Eichberger and Kelsey, 2014). Unlike the set of Nash equilibria, the set of equilibria...

A fair and effective provincial carbon emission allowances (CEA) allocation is significant to balance socio-economic development and emission reduction goals for China. Thus, this paper designs a multi-criteria dynamic CEA allocation model based on four criteria (egalitarianism, historical...