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We present a novel methodology for identifying public knowledge and eliminating the biases it creates when aggregating information in small group settings. A two-stage mechanism consisting of an information market and a coordination game is used to reveal and adjust for individuals' public...
Persistent link: https://www.econbiz.de/10014116808
P2P clusters like the Grid and PlanetLab enable, in principle, the same statistical multiplexing efficiency gains for computing as the Internet provides for networking. The key unsolved problem is resource allocation. Existing solutions are not economically efficient and require high latency to...
Persistent link: https://www.econbiz.de/10014029385
In spite of the widespread concerns expressed about the importance of privacy, individuals frequently give away or sell a myriad of personal data. How and why people decide to transition their information from the private to the public sphere is poorly understood. To address this puzzle, we...
Persistent link: https://www.econbiz.de/10014073780
In spite of the widespread concerns expressed about the importance of privacy, individuals frequently give away or sell a myriad of personal data. How and why people decide to transition their information from the private to the public sphere is poorly understood. To address this puzzle, we...
Persistent link: https://www.econbiz.de/10014073794
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For any organisation, saving on procurement costs has an impact on profitability that is multiplied by gross margin. Although much research focus has been placed on achieving the lowest possible cost for the goods/services purchased we concern ourselves here with the operational procurement...
Persistent link: https://www.econbiz.de/10011424881
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