Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...

The article discusses the importance of the employment policy and directions for the improvement of higher education in Georgia. Employment policy can be defined as a set of programs and opportunities through which the state tries to increase the rate of employment in the country. Ensuring the...

In higher education, research on quality assurance is one of the prominent fields at present. The National Qualifications Framework (NQF) is an important element in accreditation and quality assurance system in the Kingdom of Saudi Arabia. It is designed by National Commission for Academic...

The article discusses the importance of the employment policy and directions for the improvement of higher education in Georgia. Employment policy can be defined as a set of programs and opportunities through which the state tries to increase the rate of employment in the country. Ensuring the...

Frequent criticism in dynamic decision making research pertains to the overly complex nature of the decision tasks used in experimentation. To address such concerns we study dynamic decision making with respect to the simple race game Hog, which has a computable optimal decision strategy. In the...

Psychologische Studien haben gezeigt, dass sich individuelle Wahrscheinlichkeitseinschätzungen für ein bestimmtes Ereignis in Abhängigkeit von der gewählten Zerlegung des Zustandsraumes systematisch voneinander unterscheiden können (ein als „Partitionsabhängigkeit“ bekannter...

In this dissertation, I present five dynamic general equilibrium models. The distinguishing feature of these models is that they incorporate reciprocal altruistic behavior into an otherwise standard New Keynesian framework. In particular, I extend the New Keynesian model such that the assumed...