1.

Record Nr.

UNINA9910466146703321

Autore

Milgrom Paul R (Paul Robert), <1948->

Titolo

Discovering prices : auction design in markets with complex constraints / / Paul Milgrom

Pubbl/distr/stampa

New York : , : Columbia University Press, , 2017

©2017

Descrizione fisica

1 online resource (247 pages)

Collana

Kenneth J. Arrow Lecture Series

Disciplina

381/.1701

Soggetti

Auction theory

Auctions - Mathematical models

Prices - Mathematical models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Contents -- Preface -- 1. Introduction -- 2. (Near-)Substitutes, Prices, and Stability -- 3. Vickrey Auctions and Substitution -- 4. Deferred-Acceptance Auctions and Near-Substitutes -- 5. Conclusion -- Notes -- References -- Index

Sommario/riassunto

Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith's famous concept of an invisible hand, which guides markets and renders regulation or interference largely unnecessary. Yet for many markets, prices alone are not enough to guide feasible and efficient outcomes, and regulation alone is not enough, either. Consider air traffic control at major airports. While prices could encourage airlines to take off and land at less congested times, prices alone do just part of the job; an air traffic control system is still indispensable to avoid disastrous consequences. With just an air traffic controller, however, limited resources can be wasted or poorly used. What's needed in this and many other real-world cases is an auction system that can effectively reveal prices while still maintaining enough direct control to ensure that complex constraints are satisfied.In Discovering Prices, Paul Milgrom-the world's



most frequently cited academic expert on auction design-describes how auctions can be used to discover prices and guide efficient resource allocations, even when resources are diverse, constraints are critical, and market-clearing prices may not even exist. Economists have long understood that externalities and market power both necessitate market organization. In this book, Milgrom introduces complex constraints as another reason for market design. Both lively and technical, Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for dealing with the world's growing complex resource allocation problems.

2.

Record Nr.

UNINA9910828766503321

Autore

Silver Sean <1972->

Titolo

The mind is a collection : case studies in eighteenth-century thought / / Sean Silver

Pubbl/distr/stampa

Philadelphia, Pennsylvania : , : University of Pennsylvania Press, , 2015

©2015

ISBN

0-8122-9156-5

Descrizione fisica

1 online resource (381 p.)

Collana

Material texts

Disciplina

001.0942/09032

Soggetti

Collectors and collecting - History - 17th century

Collectors and collecting - History - 18th century

Museums - Curatorship - England - London - History - 17th century

Museums - Curatorship - England - London - History - 18th century

Imagination (Philosophy)

England Intellectual life 17th century

England Intellectual life 18th century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front matter -- Contents -- Preface : Welcome To The Museum -- Introduction -- Case 1. Metaphor -- Case 2. Design -- Case 3.



Digression -- Case 4. Inwardness -- Case 5. Conception -- Case 6. Dispossession -- Conclusion -- Notes -- Index -- Acknowledgments

Sommario/riassunto

John Locke described the mind as a cabinet; Robert Hooke called it a repository; Joseph Addison imagined a drawer of medals. Each of these philosophers was an avid collector and curator of books, coins, and cultural artifacts. It is therefore no coincidence that when they wrote about the mental work of reason and imagination, they modeled their powers of intellect in terms of collecting, cataloging, and classification.The Mind Is a Collection approaches seventeenth- and eighteenth-century metaphors of the mind from a material point of view. Each of the book's six chapters is organized as a series of linked exhibits that speak to a single aspect of Enlightenment philosophies of mind. From his first chapter, on metaphor, to the last one, on dispossession, Sean Silver looks at ways that abstract theories referred to cognitive ecologies—systems crafted to enable certain kinds of thinking, such as libraries, workshops, notebooks, collections, and gardens. In doing so, he demonstrates the crossings-over of material into ideal, ideal into material, and the ways in which an idea might repeatedly turn up in an object, or a range of objects might repeatedly stand for an idea. A brief conclusion examines the afterlife of the metaphor of mind as collection, as it turns up in present-day cognitive studies. Modern cognitive theory has been applied to the microcomputer, and while the object is new, the habit is as old as the Enlightenment. By examining lived environments and embodied habits from 1660 to 1800, Silver demonstrates that the philosophical dualism that separated mind from body and idea from thing was inextricably established through active engagement with crafted ecologies.



3.

Record Nr.

UNINA9910557134803321

Autore

Glowacz Adam

Titolo

Symmetry in Mechanical Engineering

Pubbl/distr/stampa

Basel, Switzerland, : MDPI - Multidisciplinary Digital Publishing Institute, 2020

Descrizione fisica

1 online resource (372 p.)

Soggetti

History of engineering and technology

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

Recent advancements in mechanical engineering are an essential topic for discussion. The topics relating to mechanical engineering include the following: measurements of signals of shafts, springs, belts, bearings, gears, rotors, machine elements, vibration analysis, acoustic analysis, fault diagnosis, construction, analysis of machine operation, analysis of smart-material systems, integrated systems, stresses, analysis of deformations, analysis of mechanical properties, signal processing of mechanical systems, and rotor dynamics. Mechanical engineering deals with solid and fluid mechanics, rotation, movements, materials, and thermodynamics. This book, with 15 published articles, presents the topic "Symmetry in Mechanical Engineering". The presented topic is interesting. It is categorized into eight different sections: Deformation; Stresses; Mechanical properties; Tribology; Thermodynamic; Measurement; Fault diagnosis; Machine. The development of techniques and methods related to mechanical engineering is growing every month. The described articles have made a contribution to mechanical engineering. The proposed research can find applications in factories, oil refineries, and mines. It is essential to develop new improved methods, techniques, and devices related to mechanical engineering.