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Using a model in which agents compete to develop a potentially dangerous new technology (AI), we study how changes in the pricing of factors of production (computational resources) affect agents' strategies, particularly their spending on…

General Economics · Economics 2023-02-23 Mckay Jensen , Nicholas Emery-Xu , Robert Trager

A strategy is a plan, method, or series of actions for obtaining a specified goal. A military strategy typically employs the threat or use of military force in opposition to an adversary, and is called upon where large scale force is viewed…

Physics and Society · Physics 2016-03-21 Dominic K. Albino , Katriel Friedman , Yaneer Bar-Yam , William G. Glenney

Strategic models of legislative bargaining predict that proposers can extract high shares of economic surplus by identifying and exploiting weak coalition partners. However, strength and weakness can be difficult to assess even with…

Theoretical Economics · Economics 2025-07-22 Marina Agranov , S. Nageeb Ali , B. Douglas Bernheim , Thomas R. Palfrey

Outside ideal settings, conventions are shaped by competing processes that can challenge the emergence of norms. This paper identifies three trade-offs challenging the diffusion of conventions: (I) the trade-off between the imperatives of…

Physics and Society · Physics 2025-03-17 Lucas Gautheron

When confronted with a host of issues, groups often save time and energy by compiling many issues into a single bundle when making decisions. This reduces the time and cost of group decision-making, but it also leads to suboptimal outcomes…

Physics and Society · Physics 2023-07-27 Matthew I. Jones , Matthew Chervenak , Nicholas A. Christakis

Street-level bureaucrats, such as caseworkers and border guards routinely face the dilemma of whether to follow rigid policy or exercise discretion based on professional judgement. However, frequent overrides threaten consistency and…

Computers and Society · Computer Science 2026-02-11 Gaurab Pokharel , Sanmay Das , Patrick J. Fowler

We examine an approval-based model of Liquid Democracy with a budget constraint on voting and delegating costs, aiming to centrally select casting voters ensuring complete representation of the electorate. From a computational complexity…

Computer Science and Game Theory · Computer Science 2025-02-05 Shiri Alouf-Heffetz , Łukasz Janeczko , Grzegorz Lisowski , Georgios Papasotiropoulos

Drawing from research on computational models of argumentation (particularly the Carneades Argumentation System), we explore the graphical representation of arguments in a dispute; then, comparing two different traditions on the limits of…

Artificial Intelligence · Computer Science 2013-12-09 Julio Lemos

The proliferation of the Internet has led to the emergence of online advertising, driven by the mechanics of online auctions. In these repeated auctions, software agents participate on behalf of aggregated advertisers to optimize for their…

Machine Learning · Computer Science 2023-06-13 Haozhe Wang , Chao Du , Panyan Fang , Li He , Liang Wang , Bo Zheng

Political messages increasingly bundle economic policy arguments with moral social policy stances. Using survey experiments with roughly 6,500 U.S. adults, I show that such bundling sharply weakens economic persuasion among respondents who…

General Economics · Economics 2026-04-30 Giampaolo Bonomi

We study how increasing competition, by making prizes more unequal, affects effort in contests. In a finite type-space environment, we characterize the equilibrium, analyze the effect of competition under linear costs, and identify…

Theoretical Economics · Economics 2025-02-13 Andrzej Baranski , Sumit Goel

I characterize optimal government policy in a sticky-price economy with different types of consumers and endogenous financial constraints in the banking and entrepreneurial sectors. The competitive equilibrium allocation is constrained…

General Economics · Economics 2025-01-29 Aliaksandr Zaretski

We study the role of hierarchical structures in a simple model of collective consensus formation based on the bounded confidence model with continuous individual opinions. For the particular variation of this model considered in this paper,…

Physics and Society · Physics 2012-07-24 Nicolas Perony , René Pfitzner , Ingo Scholtes , Claudio J. Tessone , Frank Schweitzer

In this paper we study the so-called minimum income condition order, which is used in some day-ahead electricity power exchanges to represent the production-related costs of generating units. This order belongs to the family of complex…

General Economics · Economics 2022-09-02 Dávid Csercsik

In this paper, I empirically investigate how the openness of political institutions to diverse representation can impact conflict-related violence. By exploiting plausibly exogenous variations in the number of councillors in Colombian…

General Economics · Economics 2021-04-20 Hector Galindo-Silva

We study a participatory budgeting problem of aggregating the preferences of agents and dividing a budget over the projects. A budget division solution is a probability distribution over the projects. The main purpose of our study concerns…

Computer Science and Game Theory · Computer Science 2020-11-02 Zhongzheng Tang , Chenhao Wang , Mengqi Zhang

Interpreting how persuasive language influences audiences has implications across many domains like advertising, argumentation, and propaganda. Persuasion relies on more than a message's content. Arranging the order of the message itself…

Computation and Language · Computer Science 2020-10-13 Omar Shaikh , Jiaao Chen , Jon Saad-Falcon , Duen Horng Chau , Diyi Yang

Selective contests can impair participants' overall welfare in overcompetitive environments, such as school admissions. This paper models the situation as an optimal contest design problem with binary actions, treating effort costs as…

Theoretical Economics · Economics 2024-10-07 Penghuan Yan

Homeland security in the United States faces a daunting task due to the multiple threats and hazards that can occur. Natural disasters, human-caused incidents such as terrorist attacks, and technological failures can result in significant…

Computers and Society · Computer Science 2025-04-04 Parastoo Akbari , Cameron A. MacKenzie

Personalized pricing is a business strategy to charge different prices to individual consumers based on their characteristics and behaviors. It has become common practice in many industries nowadays due to the availability of a growing…

Computers and Society · Computer Science 2022-02-22 Renzhe Xu , Xingxuan Zhang , Peng Cui , Bo Li , Zheyan Shen , Jiazheng Xu