Search results for "Allocation"
showing 10 items of 538 documents
Redistribution of tax resources: a cooperative game theory approach
2021
AbstractWe consider the problem of how to distribute public expenditure among the different regions of an economic entity after all taxes have been collected. Typical examples are: the regions that make up a country, the states of a federal country, or the countries of a confederation of countries. We model the problem as a cooperative game in coalitional form, called the tax game. This game estimates the fiscal resources collected in each region, or coalition of regions, by differentiating between what comes from economic activity within each region and what comes from trade with the other regions. This methodology provides a measure of the disagreement within a region, or coalitions of re…
Prices in Mixed Cost Allocation Problems
2001
Abstract We consider mixed cost allocation problems, i.e., joint cost problems that involve two types of heterogeneous outputs, divisible and indivisible. The Aumann–Shapley price mechanism is extended to this setting. We also present a set of properties which characterize this cost sharing rule. Journal of Economic Literature Classification numbers: D63, C79.
Investing for the Long Run
2017
This paper studies long term investing by an investor that maximizes either expected utility from terminal wealth or from consumption. We introduce the concepts of a generalized stochastic discount factor (SDF) and of the minimum price to attain target payouts. The paper finds that the dynamics of the SDF needs to be captured and not the entire market dynamics, which simplifies significantly practical implementations of optimal portfolio strategies. We pay particular attention to the case where the SDF is equal to the inverse of the growth-optimal portfolio in the given market. Then, optimal wealth evolution is closely linked to the growth optimal portfolio. In particular, our concepts allo…
Fooled by Data-Mining: The Real-Life Performance of Market Timing with Moving Averages
2013
In this paper, we revisit the myths regarding the superior performance of market timing strategies based on moving average and time-series momentum rules. These active timing strategies are very appealing to investors because of their extraordinary simplicity and because they promise substantial advantages over their passive counterparts (see, for example, the paper by M. Faber (2007) "A Quantitative Approach to Tactical Asset Allocation" published in the Journal of Wealth Management). However, the ``too good to be true" reported performance of these market timing rules raises a legitimate concern as to whether this performance is realistic and whether investors can expect that future perfo…
The Impact of COVID-19 on Sport in Twitter: A Quantitative and Qualitative Content Analysis
2021
The spread of the SARS-CoV-2 virus has transformed many aspects of people’s daily life, including sports. Social networks have been flooded on these issues. The present study aims to analyze the tweets produced relating to sports and COVID-19. From the end of January to the beginning of May 2020, over 4,000,000 tweets on this subject were downloaded through the Twitter search API. Once the duplicates, replicas, and retweets were removed, 119,253 original tweets were analyzed. A quantitative–qualitative content analysis was used to study the selected tweets. Posts dynamics regarding sport and exercise evolved according to the COVID-19 pandemic and subsequent lockdown, shifting from consideri…
A Delay-Centric Dynamic Resource Allocation Algorithm for Wireless Communication Systems Based on HNN
2008
This paper proposes a dynamic resource-allocation (DRA) algorithm for packet data services in wireless communication systems based on Hopfleld neural networks (HNNs). The resource-allocation algorithm assumes a delay-centric approach in that it maximizes resource utilization of the overall system while minimizing the packet delay. The real-time (RT) working capability of HNN hardware implementation means that a very powerful scheduling DRA algorithm can be obtained. A generic formulation of the algorithm is presented to establish the optimal bit rate allocation. In addition, some illustrative examples of this formulation are given, considering specific wireless communication systems, such a…
Cycling for Home-to-School Travel in Palermo: A Method for Assessing the Optimal Allocation of New Cycling Infrastructure
2019
In order to reduce the number of cars on the road, one of the most incisive actions is to encourage cycling, e.g. through the introduction of bike-sharing systems. In particular, the activation of special bike-sharing programs for school students could lead students to choose this mode of transport to make their own home-school travel. The success of such initiatives is primarily linked to the presence of a continuous and functional cycle network, which can create safe routes to school. It is, therefore, necessary a cycle network design model that allows determining the optimal allocation of new cycle paths, maximizing the number of users and considering technical and economic constraints. …
Effect of Hydrogen and Carbamide Peroxide in Bleaching, Enamel Morphology, and Mineral Composition: In vitro Study
2017
ABSTRACT Aim The aim of the study was to evaluate the bleaching effect, morphological changes, and variations in calcium (Ca) and phosphate (P) in the enamel with hydrogen peroxide (HP) and carbamide peroxide (CP) after the use of different application regimens. Materials and methods Four groups of five teeth were randomly assigned, according to the treatment protocol: HP 37.5% applied for 30 or 60 minutes (HP30, HP60), CP 16% applied for 14 or 28 hours (CP14, CP28). Changes in dental color were evaluated, according to the following formula: ΔE = [(La−Lb)2+(aa−ab)2 + (ba−bb)2]½. Enamel morphology and Ca and P compositions were evaluated by confocal laser scanning microscope and environmenta…
Synergistic targeting of FLT3 mutations in AML via combined menin-MLL and FLT3 inhibition
2020
Abstract The interaction of menin (MEN1) and MLL (MLL1, KMT2A) is a dependency and provides a potential opportunity for treatment of NPM1-mutant (NPM1mut) and MLL-rearranged (MLL-r) leukemias. Concomitant activating driver mutations in the gene encoding the tyrosine kinase FLT3 occur in both leukemias and are particularly common in the NPM1mut subtype. In this study, transcriptional profiling after pharmacological inhibition of the menin-MLL complex revealed specific changes in gene expression, with downregulation of the MEIS1 transcription factor and its transcriptional target gene FLT3 being the most pronounced. Combining menin-MLL inhibition with specific small-molecule kinase inhibitors…
When to be sexual: sex allocation theory and population density-dependent induction of sex in cyclical parthenogens
2008
The timing of sex is a critical fitness component in the cyclically parthenogenetic life-cycle of rotifers. It has been hypothesized that sex in rotifers is optimally timed to high population density because male‐female encounters are more probable. Because sexual females produce either males or, if inseminated, diapausing eggs, the advantage of a higher male‐female encounter rate is that allocation to male production can be lower. This is paradoxical in the context of the sex allocation theory developed for rotifers, as the theory predicts equal numbers of male-producing and diapausing-egg producing females. We investigated this paradox using both empirical data and theoretical analysis. L…