Game theory | Asymmetric information | Mathematical economics
From a legal point of view, a contract is an institutional arrangement for the way in which resources flow, which defines the various relationships between the parties to a transaction or limits the rights and obligations of the parties. From an economic perspective, contract theory studies how economic actors can and do construct contractual arrangements, generally in the presence of information asymmetry. Because of its connections with both agency and incentives, contract theory is often categorized within a field known as law and economics. One prominent application of it is the design of optimal schemes of managerial compensation. In the field of economics, the first formal treatment of this topic was given by Kenneth Arrow in the 1960s. In 2016, Oliver Hart and Bengt R. Holmström both received the Nobel Memorial Prize in Economic Sciences for their work on contract theory, covering many topics from CEO pay to privatizations. Holmström (MIT) focused more on the connection between incentives and risk, while Hart (Harvard) on the unpredictability of the future that creates holes in contracts. A standard practice in the microeconomics of contract theory is to represent the behaviour of a decision maker under certain numerical utility structures, and then apply an optimization algorithm to identify optimal decisions. Such a procedure has been used in the contract theory framework to several typical situations, labeled moral hazard, adverse selection and signalling. The spirit of these models lies in finding theoretical ways to motivate agents to take appropriate actions, even under an insurance contract. The main results achieved through this family of models involve: mathematical properties of the utility structure of the principal and the agent, relaxation of assumptions, and variations of the time structure of the contract relationship, among others. It is customary to model people as maximizers of some von Neumann–Morgenstern utility functions, as stated by expected utility theory. (Wikipedia).
Category theory for JavaScript programmers #13: monoids
http://jscategory.wordpress.com/source-code/
From playlist Category theory for JavaScript programmers
Is string theory a unified theory?
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From playlist Science Unplugged: String Theory
What are the candidates for a unified theory?
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From playlist Science Unplugged: Physics
In physics, string theory is a theoretical framework in which the point-like particles of particle physics are replaced by one-dimensional objects called strings. String theory describes how these strings propagate through space and interact with each other. On distance scales larger than
From playlist Physics
Lecture 2 | String Theory and M-Theory
(September 27, 2010) Professor Leonard Susskind discusses how the forces that act upon strings can affect the quantum mechanics. He also reviews many of the theories of relativity that contributed to string theory today. String theory (with its close relative, M-theory) is the basis for t
From playlist Lecture Collection | String Theory and M-Theory
Lecture 9 | String Theory and M-Theory
(November 23, 2010) Leonard Susskind gives a lecture on the constraints of string theory and gives a few examples that show how these work. String theory (with its close relative, M-theory) is the basis for the most ambitious theories of the physical world. It has profoundly influenced
From playlist Lecture Collection | String Theory and M-Theory
Category theory for JavaScript programmers #10: coproducts
http://jscategory.wordpress.com/source-code/
From playlist Category theory for JavaScript programmers
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From playlist Science Unplugged: General Relativity
Category theory for JavaScript programmers #1: contracts
http://jscategory.wordpress.com/source-code/
From playlist Category theory for JavaScript programmers
CDIS 4017 - Models of Speech Production Part 1 (Done)
Chaya Guntupalli (Nanjundeswaran) Ph.D. CDIS 4017 - Speech and Hearing Science I ETSU Online Programs - http://www.etsu.edu/online
From playlist ETSU: CDIS 4017 - Speech and Hearing Science I | CosmoLearning Audiology
Egbert Rijke: Daily applications of the univalence axiom - lecture 1
HYBRID EVENT Recorded during the meeting "Logic and Interactions" the February 21, 2022 by the Centre International de Rencontres Mathématiques (Marseille, France) Filmmaker: Guillaume Hennenfent Find this video and other talks given by worldwide mathematicians on CIRM's Audiovisual M
From playlist Combinatorics
Contract Law 22 II Lucy v Zehmer (joking offer)
II. THE BARGAIN RELATIONSHIP A. Manifestation of Mutual Assent Lucy v. Zehmer (joking offer) To access case file, copy and paste link into browser - ianayres.com/sites/default/files/files/Lucy%20v_%20Zehmer.docx These video lectures are taken from Prof. Ayres’ Coursera Courses: American
From playlist American Contract Law
Tensor Network Methods in Four Dimensional Field Theory by Daisuke Kadoh
PROGRAM Nonperturbative and Numerical Approaches to Quantum Gravity, String Theory and Holography (ONLINE) ORGANIZERS: David Berenstein (UCSB), Simon Catterall (Syracuse University), Masanori Hanada (University of Surrey), Anosh Joseph (IISER, Mohali), Jun Nishimura (KEK Japan), David Sc
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An Introduction to Tensor Renormalization Group (Lecture 3) by Daisuke Kadoh
PROGRAM NONPERTURBATIVE AND NUMERICAL APPROACHES TO QUANTUM GRAVITY, STRING THEORY AND HOLOGRAPHY (HYBRID) ORGANIZERS: David Berenstein (University of California, Santa Barbara, USA), Simon Catterall (Syracuse University, USA), Masanori Hanada (University of Surrey, UK), Anosh Joseph (II
From playlist NUMSTRING 2022
Nonsingular Bounce Cosmology & Perturbation Theory-Effective Field Theory Perspective by Yi-Fu Cai
PROGRAM: PHYSICS OF THE EARLY UNIVERSE - AN ONLINE PRECURSOR ORGANIZERS: Robert Brandenberger (McGill University, Montreal, Canada), Jerome Martin (Institut d'Astrophysique de Paris, France), Subodh Patil (Instituut-Lorentz for Theoretical Physics, Leiden, Netherlands) and L Sriramkumar (
From playlist Physics of The Early Universe - An Online Precursor
Weak Infinity Groupoids in HoTT - Guillaume Brunerie
Guillaume Brunerie School of Mathematics, IAS January 30, 2013 For more videos, visit http://video.ias.edu
From playlist Mathematics
Discussed: What If the Universe Is Bouncing? - with Anna Ijjas | Episode 11
Listen to our extended version of this episode on any podcasting platform: https://link.chtbl.com/anna-ijjas It's easy to forget that long standing scientific theories are in fact, theories and therefore are subject to revision and change as new information comes to light or we develop ne
From playlist Video-Empfehlungen
Paul Arne Østvær: A1 contractible varieties
The lecture was held within the framework of the Hausdorff Trimester Program : Workshop "K-theory in algebraic geometry and number theory"
From playlist HIM Lectures: Trimester Program "K-Theory and Related Fields"
Investigating Mitochondrial Dynamics in Fission Yeast using Chemical Kinetics by Francois Nedelec
Collective Dynamics of-, on- and around Filaments in Living Cells: Motors, MAPs, TIPs and Tracks DATE: 28 October 2017 to 02 November 2017 VENUE: Ramanujan Lecture Hall, ICTS Bangalore Our knowledge of cytoskeletal filaments, nucleic acid filaments (DNA and RNA) as well as their associat
From playlist Collective Dynamics of-, on- and around Filaments in Living Cells: Motors, MAPs, TIPs and Tracks
Lecture 7 | String Theory and M-Theory
(November 1, 2010) Leonard Susskind discusses the specifics of strings including Feynman diagrams and mapping particles. String theory (with its close relative, M-theory) is the basis for the most ambitious theories of the physical world. It has profoundly influenced our understanding of
From playlist Lecture Collection | String Theory and M-Theory