Showing 1 - 10 of 23
We introduce a new statistic, 'spectral goodness of fit' (SGOF) to measure how well a network model explains the structure of an observed network. SGOF provides an absolute measure of fit, analogous to the standard R-squared in linear regression. Additionally, as it takes advantage of the...
Persistent link: https://www.econbiz.de/10014037047
Accurate risk adjustment facilitates healthcare market competition. Risk adjustment typically aims to predict annual costs of individuals enrolled in an insurance plan for a full year. However, partial-year enrollment is common and poses a challenge to risk adjustment, since diagnoses are...
Persistent link: https://www.econbiz.de/10013224371
This work introduces a novel iterative combinatorial auction that aims to achieve both high efficiency and fast convergence across a wide range of valuation domains. We design the first fully adaptive-price combinatorial auction that gradually extends price expressivity as the rounds progress....
Persistent link: https://www.econbiz.de/10012899038
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We study the design of core-selecting payment rules for combinatorial auctions (CAs), a challenging setting where no strategyproof rules exist. We show that the rule most commonly used in practice, the Quadratic rule, can be outperformed in terms of efficiency, incentives and revenue. In this...
Persistent link: https://www.econbiz.de/10012852296
Accurate risk adjustment facilitates healthcare market competition. Risk adjustment typically aims to predict annual costs of individuals enrolled in an insurance plan for a full year. However, partial-year enrollment is common and poses a challenge to risk adjustment, since diagnoses are...
Persistent link: https://www.econbiz.de/10012453946
Persistent link: https://www.econbiz.de/10012545412
Persistent link: https://www.econbiz.de/10014321699
Using data from a novel laboratory experiment on complex problem solving in which we varied the network structure of 16-person organizations, we investigate how an organization's network structure shapes performance in problem-solving tasks. Problem solving, we argue, involves both search for...
Persistent link: https://www.econbiz.de/10010852331
Social media have great potential to support diverse information sharing, but there is widespread concern that platforms like Twitter do not result in communication between those who hold contradictory viewpoints. Because users can choose whom to follow, prior research suggests that social media...
Persistent link: https://www.econbiz.de/10014126209