Relevant bibliographies by topics / Efficient allocation

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Efficient allocation'

Author: Grafiati
Published: 28 May 2022
Last updated: 31 July 2025

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Journal articles on the topic "Efficient allocation"

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ALMEIDA, VINICIO DE SOUZA E., and RICARDO PEREIRA CÂMARA LEAL. "A JOINT EXPERIMENTAL ANALYSIS OF INVESTOR BEHAVIOR IN IPO PRICING METHODS." Revista de Administração de Empresas 55, no. 1 (2015): 14–25. http://dx.doi.org/10.1590/s0034-759020150103.

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This article jointly examines the differences of laboratory versions of the Dutch clock open auction, a sealed-bid auction to represent book building, and a two-stage sealed bid auction to proxy for the “competitive IPO”, a recent innovation used in a few European equity initial public offerings. We investigate pricing, seller allocation, and buyer welfare allocation efficiency and conclude that the book building emulation seems to be as price efficient as the Dutch auction, even after investor learning, whereas the competitive IPO is not price efficient, regardless of learning. The competitiv
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Shioura, Akiyoshi, Ning Sun, and Zaifu Yang. "EFFICIENT STRATEGY PROOF FAIR ALLOCATION ALGORITHMS." Journal of the Operations Research Society of Japan 49, no. 2 (2006): 144–50. http://dx.doi.org/10.15807/jorsj.49.144.

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Jayeola, Dare, Peter O. Olatunji, and Y. J. Aborisade. "Efficient Method for Assets Allocation." International Journal of Research and Innovation in Social Science IX, no. V (2025): 4308–13. https://doi.org/10.47772/ijriss.2025.905000329.

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Asset allocation requires allotting savings among many assets. The goal of investors is to minimize risk at a given returns or/and maximize returns at a specified risk. The aim of this paper is to compare two asset allocations, Black Litterman model (BLM) and Mean Variance Model (MVM). The data used are groundnut oil, palm oil and palm kernel oil. The data is used to estimate values of risk and returns using both asset allocations to estimate risk and return of the three assets. It is observed that BLM minimizes risk and maximizes the return of its portfolio better than MVM.
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Diamond, James T., and Jeff R. Wright. "Efficient Land Allocation." Journal of Urban Planning and Development 115, no. 2 (1989): 81–96. http://dx.doi.org/10.1061/(asce)0733-9488(1989)115:2(81).

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Ray, Korok, and Maris Goldmanis. "Efficient Cost Allocation." Management Science 58, no. 7 (2012): 1341–56. http://dx.doi.org/10.1287/mnsc.1110.1486.

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Murhekar, Aniket, and Jugal Garg. "On Fair and Efficient Allocations of Indivisible Goods." Proceedings of the AAAI Conference on Artificial Intelligence 35, no. 6 (2021): 5595–602. http://dx.doi.org/10.1609/aaai.v35i6.16703.

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We study the problem of fair and efficient allocation of a set of indivisible goods to agents with additive valuations using the popular fairness notions of envy-freeness up to one good (EF1) and equitability up to one good (EQ1) in conjunction with Pareto-optimality (PO). There exists a pseudo-polynomial time algorithm to compute an EF1+PO allocation, and a non-constructive proof of existence of allocations that are both EF1 and fractionally Pareto-optimal (fPO). We present a pseudo-polynomial time algorithm to compute an EF1+fPO allocation, thereby improving the earlier results. Our techniqu
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Garg, Jugal, Aniket Murhekar, and John Qin. "Fair and Efficient Allocations of Chores under Bivalued Preferences." Proceedings of the AAAI Conference on Artificial Intelligence 36, no. 5 (2022): 5043–50. http://dx.doi.org/10.1609/aaai.v36i5.20436.

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We study the problem of fair and efficient allocation of a set of indivisible chores to agents with additive cost functions. We consider the popular fairness notion of envy-freeness up to one good (EF1) with the efficiency notion of Pareto-optimality (PO). While it is known that EF1+PO allocations exists and can be computed in pseudo-polynomial time in the case of goods, the same problem is open for chores. Our first result is a strongly polynomial-time algorithm for computing an EF1+PO allocation for bivalued instances, where agents have (at most) two disutility values for the chores. To the
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ALI, AHAD, HAMID SEIFODDINI, and JAY LEE. "EFFICIENT MATERIAL ALLOCATIONS IN HIGH-MIX LOW-VOLUME MANUFACTURING." Journal of Advanced Manufacturing Systems 09, no. 02 (2010): 101–16. http://dx.doi.org/10.1142/s021968671000182x.

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Today's globalization market drives industries toward increased expectations on lean production and quick response to the customers. These expectations have put industries under pressure to become more agile under highly dynamic market and uncertain manufacturing environment. An efficient material allocation becomes critical due to dynamics and uncertainty in the manufacturing systems. This research addresses the optimization needs for effective material allocations in high-mix low-volume manufacturing. Multi-constraint based genetic algorithm and intelligent simulation are used for efficient
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Pérez-Nievas, Mikel, José I. Conde-Ruiz, and Eduardo L. Giménez. "Efficiency and endogenous fertility." Theoretical Economics 14, no. 2 (2019): 475–512. http://dx.doi.org/10.3982/te2138.

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This paper explores the properties of the notions of A ‐efficiency and P ‐efficiency, which were proposed by Golosov et al.. (2007), to evaluate allocations in a general overlapping generations setting in which fertility choices are endogenously selected from a continuum and any two agents of the same generation are identical. First, we show that the properties of A ‐efficient allocations vary depending on the criterion used to identify potential agents. If one identifies potential agents by their position in their siblings' birth order, as Golosov, Jones, and Tertilt do, then A ‐efficiency re
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Chaudhury, Bhaskar Ray, Jugal Garg, and Ruta Mehta. "Fair and Efficient Allocations under Subadditive Valuations." Proceedings of the AAAI Conference on Artificial Intelligence 35, no. 6 (2021): 5269–76. http://dx.doi.org/10.1609/aaai.v35i6.16665.

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We study the problem of allocating a set of indivisible goods among agents with subadditive valuations in a fair and efficient manner. Envy-Freeness up to any good (EFX) is the most compelling notion of fairness in the context of indivisible goods. Although the existence of EFX is not known beyond the simple case of two agents with subadditive valuations, some good approximations of EFX are known to exist, namely 1/2-EFX allocation and EFX allocations with bounded charity. Nash welfare (the geometric mean of agents' valuations) is one of the most commonly used measures of efficiency. In case o
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Dissertations / Theses on the topic "Efficient allocation"

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Schor, James E. (James Edward). "Efficient algorithms for buffer allocation." Thesis, Massachusetts Institute of Technology, 1995. http://hdl.handle.net/1721.1/11458.

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Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 1995.<br>Includes bibliographical references (leaves 127-131).<br>by James E. Schor.<br>M.S.
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Larsen, Kjell Erik. "Fuel-Efficient Control Allocation for Supply Vessels." Thesis, Norges teknisk-naturvitenskapelige universitet, Institutt for teknisk kybernetikk, 2012. http://urn.kb.se/resolve?urn=urn:nbn:no:ntnu:diva-19430.

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The motivation behind this thesis was to find a control allocation algorithm to reduce the power consumption onboard maritime vessels. As more and more maritime operations starts to go at deeper sea levels the further away from the shore the maritime vessels goes. The need to reduce power consumption to be able to operate at a longer time period out in the sea can save maritime businesses for increased costs during missions a deeper sea levels.To reduce power consumption onboard a typical supply vessel used in the North Sea a power efficient control allocation method was designed. A simulation
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Haque, Syed E. "Efficient GTS Allocation Schemes for IEEE 802.15.4." Digital Archive @ GSU, 2012. http://digitalarchive.gsu.edu/cs_theses/75.

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IEEE 802.15.4 is a standard defined for wireless sensor network applications with limited power and relaxed throughput needs. The devices transmit data during two periods: Contention Access Period (CAP) by accessing the channel using CSMA/CA and Contention Free Period (CFP), which consists of Guaranteed Time Slots (GTS) allocated to individual devices by the network coordinator. The GTS is used by devices for cyclic data transmission and the coordinator can allocate GTS to a maximum of only seven devices. In this work, we have proposed two algorithms for an efficient GTS allocation. The first
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Chen, Ting. "Energy-Efficient Resource Allocation in OFDMA Systems." Thesis, Linköpings universitet, Kommunikations- och transportsystem, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-98683.

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In this thesis, a resource allocation problem in OFDMA is studied for the energy efficiency of wireless network. The objective is to minimize the total energy consumption which includes transmission energy consumption, and circuit energy consumption at both transmitter and receiver with required per user’s rate constraint. For problem solution, a heuristic algorithm with low computational complexity and suboptimal solution is proposed, developed in two steps with an increasing order of complexity. Besides, a bounding scheme based on model linearization of formulated nonlinear system model is a
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Monteiro, Valdemar Celestino. "Energy-efficient cooperative resource allocation for OFDMA." Thesis, Kingston University, 2017. http://eprints.kingston.ac.uk/39286/.

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Energy is increasingly becoming an exclusive commodity in next generation wireless communication systems, where even in legacy systems, the mobile operators operational expenditure is largely attributed to the energy bill. However, as the amount of mobile traffic is expected to double over the next decade as we enter the Next Generation communications era, the need to address energy efficient protocols will be a priority. Therefore, we will need to revisit the design of the mobile network in order to adopt a proactive stance towards reducing the energy consumption of the network. Future emergi
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Colvin, Jamie Cameron. "Water markets : factors in efficient water allocation." Thesis, Stellenbosch : Stellenbosch University, 2005. http://hdl.handle.net/10019.1/50546.

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Thesis (MBA)--Stellenbosch University, 2005.<br>Some digitised pages may appear illegible due to the condition of the original hard copy<br>ENGLISH ABSTRACT: Water is essential for life. Like the very air that surrounds us the omnipresent and indispensable qualities of water pervade throughout all of our lives. For reasons of health, community and trade the beginnings of all civilisations were proximate to the mighty rivers of the world. In a rapidly expanding global village, the priority for our future is to secure the management of increasing levels of water demand, given the finite nat
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Ecarot, Thibaud. "Efficient allocation for distributed and connected Cloud." Thesis, Evry, Institut national des télécommunications, 2016. http://www.theses.fr/2016TELE0017/document.

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Dans ce travail, nous nous intéressons à la modélisation des ressources Cloud, indépendamment des couches existantes, afin d’apporter un cadre (framework) de représentation unique et ouvert à l'arrivée anticipée du XaaS (Anything as a Service). Nous fournissons, à l'aide de ce framework, un outil de placement des ressources pour une plate-forme donnée. Les travaux de thèse se portent aussi sur la prise en compte des intérêts des utilisateurs ou consommateurs et des fournisseurs. Les solutions existantes ne se focalisent que sur l’intérêt des fournisseurs et ce au détriment des consommateurs co
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Ecarot, Thibaud. "Efficient allocation for distributed and connected Cloud." Electronic Thesis or Diss., Evry, Institut national des télécommunications, 2016. http://www.theses.fr/2016TELE0017.

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Dans ce travail, nous nous intéressons à la modélisation des ressources Cloud, indépendamment des couches existantes, afin d’apporter un cadre (framework) de représentation unique et ouvert à l'arrivée anticipée du XaaS (Anything as a Service). Nous fournissons, à l'aide de ce framework, un outil de placement des ressources pour une plate-forme donnée. Les travaux de thèse se portent aussi sur la prise en compte des intérêts des utilisateurs ou consommateurs et des fournisseurs. Les solutions existantes ne se focalisent que sur l’intérêt des fournisseurs et ce au détriment des consommateurs co
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Bani, Mohammad Saad O. "Efficient processor allocation strategies for mesh-connected multicomputers." Connect to e-thesis, 2008. http://theses.gla.ac.uk/293/.

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Tekbiyik, Ersoy Neyre. "Efficient Resource Allocation In Energy Harvesting Wireless Networks." Phd thesis, METU, 2012. http://etd.lib.metu.edu.tr/upload/12615323/index.pdf.

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This thesis presents various studies on energy efficient design of wireless networks. It starts with a survey on recent shortest path based energy efficient routing algorithms developed for ad hoc and sensor networks, making a comprehensive classification for these algorithms. In addition to energy efficient design, sustainable and environmentally friendly deployment of wireless networks demands increased use of renewable energy. However, this calls for novel design principles to efficiently utilize the variation in the availability of the energy. The thesis continues with an investigation of
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Books on the topic "Efficient allocation"

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Atkeson, Andrew. Efficiency and equality in a simple model of efficient unemployment insurance. National Bureau of Economic Research, 1993.

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Pelikan, Pavel. Efficient institutions for ownership and allocation of capital. Industriens Utredningsinstitut, 1991.

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Richter, Wolfram F. The efficient allocation of local public factors in Tiebout's tradition. Warwick University, Department of Economics, 1991.

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Richter, Wolfram P. The efficient allocation of local public factors in Tiebout's tradition. University of Warwick Department of Economics, 1991.

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Christensen, Peter Ove. Asymmetric information, efficient resource allocation, and moral hazard in capital markets. Odense University Press, 1990.

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R, Meyer Jack, ed. Active asset allocation: Gaining advantage in a highly efficient stock market. McGraw-Hill, 1993.

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Durnev, Artyom. Does firm-specific information in stock prices guide capital allocation? National Bureau of Economic Research, 2001.

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Zia, Shahid Mahmood. Risk efficient resource allocation in agricultural systems of Pakistan: A fram level analysis. Sustainable Development Policy Institute, 1998.

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Glewwe, Paul. Efficient allocation of transfers to the poor: The problem of unobserved household income. World Bank, 1990.

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K, Kokula Krishna Hari, ed. An Efficient Resource Allocation Using Load Matrix Concept for Cellular System: ICIEMS 2014. Association of Scientists, Developers and Faculties, 2014.

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Book chapters on the topic "Efficient allocation"

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Reiter, Stanley. "Efficient Allocation." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 1987. http://dx.doi.org/10.1057/978-1-349-95121-5_164-1.

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Reiter, Stanley. "Efficient Allocation." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/978-1-349-95121-5_164-2.

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Reiter, Stanley. "Efficient Allocation." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2018. http://dx.doi.org/10.1057/978-1-349-95189-5_164.

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Reiter, Stanley. "Efficient Allocation." In Allocation, Information and Markets. Palgrave Macmillan UK, 1989. http://dx.doi.org/10.1007/978-1-349-20215-7_1.

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Ma, Zhongjing, and Suli Zou. "Hierarchical Auction Games for Efficient Resource Allocation." In Efficient Auction Games. Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-2639-8_4.

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Ma, Zhongjing, and Suli Zou. "Double-Sided Auction Games for Efficient Resource Allocation." In Efficient Auction Games. Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-2639-8_3.

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Ma, Zhongjing, and Suli Zou. "Auction Mechanisms for Efficient Single-Type Divisible Resource Allocation." In Efficient Auction Games. Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-2639-8_2.

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Andersson, Arne, Per Carlsson, and Fredrik Ygge. "Efficient Resource Allocation with Noisy Functions." In Algorithm Engineering. Springer Berlin Heidelberg, 2001. http://dx.doi.org/10.1007/3-540-44688-5_8.

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Jin, Shunfu, and Wuyi Yue. "Energy-Efficient Virtual Machine Allocation Strategy." In Resource Management and Performance Analysis of Wireless Communication Networks. Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-15-7756-7_21.

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Anagnostopoulou, Vlasia, Susmit Biswas, Heba Saadeldeen, et al. "Power-Aware Resource Allocation for CPU- and Memory-Intense Internet Services." In Energy Efficient Data Centers. Springer Berlin Heidelberg, 2012. http://dx.doi.org/10.1007/978-3-642-33645-4_7.

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Conference papers on the topic "Efficient allocation"

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Murhekar, Aniket. "Fair and Efficient Chore Allocation: Existence and Computation." In Thirty-Third International Joint Conference on Artificial Intelligence {IJCAI-24}. International Joint Conferences on Artificial Intelligence Organization, 2024. http://dx.doi.org/10.24963/ijcai.2024/965.

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We investigate the existence and computation of fair and efficient allocations of indivisible chores to agents with additive preferences. We consider the popular envy-based fairness notions of envy-freeness up to one chore (EF1) and the efficiency notion of Pareto-optimality (PO). The existence of an allocation of chores that is simultaneously EF1 and PO is regarded a major open problem in discrete fair division. We show that an EF1 and PO allocation can be computed in polynomial time for certain structured instances. These results comprise the first non-trivial positive results for the proble
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Amanatidis, Georgios, Georgios Birmpas, Aris Filos-Ratsikas, Alexandros Hollender, and Alexandros A. Voudouris. "Maximum Nash Welfare and Other Stories About EFX." In Twenty-Ninth International Joint Conference on Artificial Intelligence and Seventeenth Pacific Rim International Conference on Artificial Intelligence {IJCAI-PRICAI-20}. International Joint Conferences on Artificial Intelligence Organization, 2020. http://dx.doi.org/10.24963/ijcai.2020/4.

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We consider the classic problem of fairly allocating indivisible goods among agents with additive valuation functions and explore the connection between two prominent fairness notions: maximum Nash welfare (MNW) and envy-freeness up to any good (EFX). We establish that an MNW allocation is always EFX as long as there are at most two possible values for the goods, whereas this implication is no longer true for three or more distinct values. As a notable consequence, this proves the existence of EFX allocations for these restricted valuation functions. While the efficient computation of an MNW a
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Yuen, Sheung Man, and Warut Suksompong. "Approximate Envy-Freeness in Graphical Cake Cutting." In Thirty-Second International Joint Conference on Artificial Intelligence {IJCAI-23}. International Joint Conferences on Artificial Intelligence Organization, 2023. http://dx.doi.org/10.24963/ijcai.2023/326.

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We study the problem of fairly allocating a divisible resource in the form of a graph, also known as graphical cake cutting. Unlike for the canonical interval cake, a connected envy-free allocation is not guaranteed to exist for a graphical cake. We focus on the existence and computation of connected allocations with low envy. For general graphs, we show that there is always a 1/2-additive-envy-free allocation and, if the agents' valuations are identical, a (2+\epsilon)-multiplicative-envy-free allocation for any \epsilon &gt; 0. In the case of star graphs, we obtain a multiplicative factor of
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Garg, Jugal, Aniket Murhekar, and John Qin. "New Algorithms for the Fair and Efficient Allocation of Indivisible Chores." In Thirty-Second International Joint Conference on Artificial Intelligence {IJCAI-23}. International Joint Conferences on Artificial Intelligence Organization, 2023. http://dx.doi.org/10.24963/ijcai.2023/302.

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We study the problem of fairly and efficiently allocating indivisible chores among agents with additive disutility functions. We consider the widely used envy-based fairness properties of EF1 and EFX in conjunction with the efficiency property of fractional Pareto-optimality (fPO). Existence (and computation) of an allocation that is simultaneously EF1/EFX and fPO are challenging open problems, and we make progress on both of them. We show the existence of an allocation that is - EF1 + fPO, when there are three agents, - EF1 + fPO, when there are at most two disutility functions, - EFX + fPO,
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Durham, Wayne. "Computationally efficient control allocation." In Guidance, Navigation, and Control Conference and Exhibit. American Institute of Aeronautics and Astronautics, 1999. http://dx.doi.org/10.2514/6.1999-4214.

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Mitsopoulou, Ellen, and Vana Kalogeraki. "Efficient Parking Allocation for SmartCities." In PETRA '17: 10th International Conference on PErvasive Technologies Related to Assistive Environments. ACM, 2017. http://dx.doi.org/10.1145/3056540.3076207.

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Morgenstern and Fouque. "Efficient submesh allocation using interval sets." In Proceedings of the Twenty-Seventh Annual Hawaii International Conference on System Sciences. IEEE Comput. Soc. Press, 1994. http://dx.doi.org/10.1109/hicss.1994.323234.

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Sohaib, Sarmad, Daniel K. C. So, and Junaid Ahmed. "Power allocation for efficient cooperative communication." In 2009 IEEE 20th International Symposium on Personal, Indoor and Mobile Radio Communications - (PIMRC 2009). IEEE, 2009. http://dx.doi.org/10.1109/pimrc.2009.5450112.

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Makowski, Christine, and Lori L. Pollock. "Achieving efficient register allocation via parallelism." In the 1995 ACM symposium. ACM Press, 1995. http://dx.doi.org/10.1145/315891.315935.

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Kuo, Sy-Yen, and W. Kent Fuchs. "Efficient spare allocation in reconfigurable arrays." In the 23rd ACM/IEEE conference. ACM Press, 1986. http://dx.doi.org/10.1145/318013.318075.

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Reports on the topic "Efficient allocation"

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McPherson, D., and B. Dykes. VLAN Aggregation for Efficient IP Address Allocation. RFC Editor, 2001. http://dx.doi.org/10.17487/rfc3069.

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Otoo, Ekow J., Ekow J. Otoo, Doron Rotem, Ali Pinar, and Shi-Chiang Tsao. A File Allocation Strategy for Energy-Efficient Disk Storage Systems. Office of Scientific and Technical Information (OSTI), 2008. http://dx.doi.org/10.2172/934979.

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Badel, Alejandro, and Mark Huggett. Interpreting Life-Cycle Inequality Patterns as an Efficient Allocation: Mission Impossible? Federal Reserve Bank of St. Louis, 2010. http://dx.doi.org/10.20955/wp.2010.046.

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Hueth, Darrell L. The Use of Subsidies to Achieve Efficient Resource Allocation in Upland Watersheds. Inter-American Development Bank, 1995. http://dx.doi.org/10.18235/0011618.

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This paper evaluates the use of subsidies to achieve efficient resource utilization, beginning with a discussion of the nature of erosion and methods of estimating rates of erosion. The second section presents a short review of the literature on onsite and offsite erosion damage assessment, which concludes that in tropical regions it is easier at present to identify onsite productivity losses than offsite damages. The next section presents an evaluation of the economic arguments for government intervention, followed by a discussion of possible alternatives to subsidies (such as direct interven
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Peters, Amanda, and Linda Zeger. Efficient Resource Allocation for Broadcasting Multi-Slot Messages With Random Access with Capture. Defense Technical Information Center, 2011. http://dx.doi.org/10.21236/ada541058.

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Zilberman, David, and Eithan Hochman. Price Evaluation and Allocation of Water under Alternative Water Rights Systems. United States Department of Agriculture, 1992. http://dx.doi.org/10.32747/1992.7561062.bard.

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This project developed conceptual and empirical frameworks to analyze the water management politics as water scarcity increases. The analyses showed that increased scarcity will tend to encourage a transition from systems in which water is allocated administratively to water trading. However, transaction costs and political economy considerations placed barriers on the introduction of markets. The recent droughts - both in Israel and California were shown to cause an increase in water use efficiency by adoption of modern technologies and improvement of water conveyance systems. The drought led
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Zilberman, David, and Eithan Hochman. Price Evaluation and Allocation of Water under Alternative Water Rights System - Part II. United States Department of Agriculture, 1995. http://dx.doi.org/10.32747/1995.7573067.bard.

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This project is a continuation of US 2081-91. Together they develop a conceptual and empirical framework to analyze alternative forms of water reform that lead to efficient pricing of water. Our analysis demonstrates that the transition from water rights systems to water trading may lead to improved resource allocation even when overall availability of water resources declines. We introduce two systems of water trading, passive markets and active markets, and show that passive markets lead to efficient resource allocation with lower transaction costs. We demonstrate that both methods of tradin
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Deshpande, Nikhil. Efficient Buffer Allocation Scheme for Bursty Traffic in ATM Networks using Fast Reservation Protocol. Portland State University Library, 2000. http://dx.doi.org/10.15760/etd.7110.

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Sanchez-Aragon, Leonardo, and Miriam Juarez-Torres. Effectiveness of Weather Derivatives as a Cross-Hedging Instrument against Climate Change: The Cases of Reservoir Water Allocation Management in Guanajuato, Mexico and Lambayeque, Peru. Inter-American Development Bank, 2012. http://dx.doi.org/10.18235/0011402.

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Abstract:
Ongoing climate change will increase competition for water. Diversified demand for water-in contrast with the rigid design of water systems, institutions and infrastructure-could hinder the implementation of adaptation policies in water management for Latin American countries. In this context, weather derivatives are proposed as a complementary mechanism for the successful adoption of more efficient water allocations in irrigation districts. Weather derivatives spread risks and incorporate a better understanding of climate system behavior, strengthening irrigation districts¿ ability to deal wi
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10

Elsby, Michael W. L., Axel Gottfries, Pawel M. Krolikowski, and Gary Solon. Wage adjustment in efficient long-term employment relationships. Federal Reserve Bank of Cleveland, 2023. http://dx.doi.org/10.26509/frbc-wp-202323.

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We present a model in which efficient long-term employment relationships are sustained by wage adjustments prompted by shocks to idiosyncratic productivity and the arrival of outside job offers. In accordance with casual and formal evidence, these wage adjustments occur only sporadically, due to the presence of renegotiation costs. The model is amenable to analytical solution and yields new insights into a number of labor market phenomena, including: (1) key features of the empirical distributions of changes in pay among job stayers; (2) a property of near-“memorylessness” in wage dynamics tha
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