Speaker:
Takuro Yamashita
- Toulouse School of Economics
Wednesday, April 11, 2018
at
2:30 PM
Polo Santa Marta, Via Cantarane 24, Sala Vaona
A splitting problem is a problem of dividing possibly heterogenous objects into different groups. For example, (i) a seller of an object, say a used car with uncertain quality, may provide partial or noisy evidence about its quality (whereby cars with different qualities may be ``grouped together'') in order to maximize his expected profit; or (ii) a public authority may divide a mass of students with different ability levels into a number of schools in order to control the schools' peer effects and maximize their total attainment. The optimal splitting is characterized under certain conditions, and its ``natural'' implementation by monotone policies is presented.
- Programme Director
-
Angelo
Zago
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External reference
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- Publication date
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November 16, 2017