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Concept

Information economics

Related publications (26)

Biases in Information Selection and Processing: Survey Evidence from the Pandemic

Andreas Fuster

We conduct two survey experiments to study which information people choose to consume and how it affects their beliefs. In the first experiment, respondents choose between optimistic and pessimistic article headlines related to the COVID-19 pandemic and ar ...

2024

Social Opinion Formation and Decision Making Under Communication Trends

Ali H. Sayed, Virginia Bordignon, Mert Kayaalp

This work studies the learning process over social networks under partial and random information sharing. In traditional social learning models, agents exchange full belief information with each other while trying to infer the true state of nature. We stud ...

Ieee-Inst Electrical Electronics Engineers Inc2024

Spatial Modeling for Building Design Evaluation: from Visual Landscape Quality Assessment to Devaluation Risk Estimation

Adam Robert Swietek

Zoning reform is a crucial tool for cities to adapt to contemporary challenges. However, its implementation remains challenging. Property owners, with a vested interest in the value of their neighborhoods, are sensitive to local developments and the potent ...

EPFL2024

Energy Management of Price-Maker Community Energy Storage by Stochastic Dynamic Programming

Xue Zhang, Tianshu Yang

In this paper, we propose an analytical stochastic dynamic programming (SDP) algorithm to address the optimal management problem of price-maker community energy storage. As a price-maker, energy storage smooths price differences, thus decreasing energy arb ...

China Electric Power Research Inst2024

Curiosity-driven exploration: foundations in neuroscience and computational modeling

Wulfram Gerstner, Alireza Modirshanechi

Curiosity refers to the intrinsic desire of humans and animals to explore the unknown, even when there is no apparent reason to do so. Thus far, no single, widely accepted definition or framework for curiosity has emerged, but there is growing consensus th ...

Cell Press2023

Safe multi-agent deep reinforcement learning for joint bidding and maintenance scheduling of generation units

Olga Fink

This paper proposes a safe reinforcement learning algorithm for generation bidding decisions and unit maintenance scheduling in a competitive electricity market environment. In this problem, each unit aims to find a bidding strategy that maximizes its reve ...

2023

Utility/privacy trade-off as regularized optimal transport

Etienne Patrice Boursier

Strategic information is valuable either by remaining private (for instance if it is sensitive) or, on the other hand, by being used publicly to increase some utility. These two objectives are antagonistic and leaking this information by taking full advant ...

SPRINGER HEIDELBERG2022

Knowledge-Aware Cross-Modal Text-Image Retrieval for Remote Sensing Images

Devis Tuia, Christel Marie Tartini-Chappuis, Li Mi, Siran Li

Image-based retrieval in large Earth observation archives is difficult, because one needs to navigate across thousands of candidate matches only with the proposition image as a guide. By using text as a query language, the retrieval system gains in usabili ...

2022

The Role of Adaptivity in Source Identification with Time Queries

Gergely Odor

Understanding epidemic propagation in large networks is an important but challenging task, especially since we usually lack information, and the information that we have is often counter-intuitive. An illustrative example is the dependence of the final siz ...

EPFL2022

Imputation of missing information in worldwide patent data

Gaétan Jean A de Rassenfosse

We present a general method for imputing missing information in the Worldwide Patent Statistical Database (PATSTAT) and make the resulting datasets publicly available. The PATSTAT database is the de facto standard for academic research using patent data. C ...

2021

Informational frictions in financial markets

Erik Hapnes

This thesis consists of three chapters on informational frictions in financial markets. The chapters analyze problems related to markets' ability to guide real investment, and what drives liquidity. Both problems are important to ensure efficient resource ...

EPFL2021

Single-server Multi-message Private Information Retrieval with Side Information: the General Cases

Michael Christoph Gastpar, Su Li

The single-server multi-message private information retrieval with side information problem is studied for general cases. In this problem, K independent messages are stored at a single server. One user initially has M messages as side information and wants ...

IEEE2020

Expectations with Endogenous Information Acquisition: An Experimental Investigation

Andreas Fuster

We use a survey experiment to generate direct evidence on how people acquire and process information. Participants can buy different information signals that could help them forecast future national home prices. We elicit their valuations and exogenously v ...

2022

Converse for Multi-Server Single-Message PIR with Side Information

Michael Christoph Gastpar, Su Li

Multi-server single-message private information retrieval is studied in the presence of side information. In this problem, K independent messages are replicatively stored at N non-colluding servers. The user wants to privately download one message from the ...

2020

Convolutional Relational Machine for Group Activity Recognition

Alexandre Massoud Alahi

We present an end-to-end deep Convolutional Neural Network called Convolutional Relational Machine (CRM) for recognizing group activities that utilizes the information in spatial relationsbetween individualpersons in image or video. It learns to produce an ...

IEEE2019

Three Problems of Liquidity under Asymmetric Information

Sylvain Jean Pascal Carré

This thesis develops models for three problems of liquidity under asymmetric information. In the chapter "Disclosures, Rollover Risk, and Debt Runs" I build a model of dynamic debt runs without perfect information in order to understand the impact of asset ...

EPFL2019

IT Investment and its impacts : does IT matter during crisis, during financing and in Innovation?

Shameem Hasan

This thesis empirically explored the impacts of IT investment on three different scenarios under the common denominator / threads of IT investments. It comprises three different essays on the impacts of IT investments. IT investments and its impact on many ...

EPFL2018

Cities, from Information to Interaction

João Vitor Meirelles de Miranda

From physics to the social sciences, information is now seen as a fundamental component of reality. However, a form of information seems still underestimated, perhaps precisely because it is so pervasive that we take it for granted: the information encoded ...

2018

Commercialization Strategy and IPO Underpricing

Gaétan Jean A de Rassenfosse

This paper studies the interplay between two defining features of technology-based firms: licensing as a commercialization strategy and the reliance on equity financing. Within the context of an IPO, we argue that the technology commercialization strategy ...

Elsevier2017

Equilibrium analysis in multi-echelon supply chain with multi-dimensional utilities of inertial players

Naoufel Cheikhrouhou

In a supply chain, the importance of information elicitation from the supply chain players is vital to design supply chain network. The rationality and self-centredness of these players causes the information asymmetry in the supply chain and thus situatio ...

Palgrave Macmillan Ltd2017