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  • Springer  (635)
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  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Economic theory 14 (1999), S. 131-153 
    ISSN: 1432-0479
    Keywords: Key words and Phrases:Repeated principal-agent relationship, Adverse selection, Information transmission. ; JEL Classification Numbers:D81, D82.
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary. We examine the strategic role of information transmission in a repeated principal-agent relationship where the agent produces information that is useful to the principal. The agent values continuous employment for the principal because he makes a relationship-specific investment that can yield rents to him when the relationship is renewed. Assuming that the parties are sufficiently impatient, we show that full disclosure of the information produced occurs early in the relationship when the principal can commit to a long-term relationship, when the agent observes his valuation of continuous employment after making a report on information produced, or when the agent obtains a low valuation of continuous employment before making a report. By contrast, a strategic delay in the transmission of information occurs when the principal can only commit to a short-term relationship and the agent obtains a high valuation of continuous employment before making a report.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Economic theory 3 (1993), S. 169-176 
    ISSN: 1432-0479
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary We analyze two examples of economies with incomplete financial markets. In the first model we consider a stock and an American put option on the stock. Although there is only one commodity and asset payoffs therefore do not depend on spot prices, we derive robust non-existence of equilibria. In the second model we consider an economy where a stock is the only asset available for trade. We show that it is impossible to complete the market by introducing American put options and that equilibria are inefficient. This example is also robust.
    Type of Medium: Electronic Resource
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  • 3
    Electronic Resource
    Electronic Resource
    Springer
    Discrete & computational geometry 2 (1987), S. 1-8 
    ISSN: 1432-0444
    Source: Springer Online Journal Archives 1860-2000
    Topics: Computer Science , Mathematics
    Notes: Abstract We provide simple arguments of a geometric nature to explain why the Möbius functions of certain lattices take only the values −1, 0, 1.
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Springer
    Economic theory 12 (1998), S. 227-258 
    ISSN: 1432-0479
    Keywords: JEL Classification Numbers: D44 ; D82 ; C72.
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary. Auctions in which individuals can purchase more than one unit of the good being sold differ in striking ways from multi-unit auctions in which individuals may purchase only one unit. The uniform price auction in particular frequently yields Nash equilibria in which bidders underbid for their second unit and therefore pay very low prices for the good. This paper characterizes equilibria for the uniform price auction.
    Type of Medium: Electronic Resource
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  • 5
    Electronic Resource
    Electronic Resource
    Springer
    Algorithmica 7 (1992), S. 339-380 
    ISSN: 1432-0541
    Keywords: Geometrical algorithm ; Algorithm ; Paradigm ; Correctness ; Convex ; Polyhedron ; Graph ; Stress
    Source: Springer Online Journal Archives 1860-2000
    Topics: Computer Science , Mathematics
    Notes: Abstract This paper explores a paradigm for producing geometrical algorithms in which logical decisions that depend on finite-precision numerical calculation cannot lead to failure. It applies this paradigm to the task of intersecting two convex polyhedral objects. A key tool in this work is a method of perturbing embedding polyhedra in ways consistent with their topology.
    Type of Medium: Electronic Resource
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  • 6
    Electronic Resource
    Electronic Resource
    Springer
    Mathematische Annalen 220 (1976), S. 37-46 
    ISSN: 1432-1807
    Source: Springer Online Journal Archives 1860-2000
    Topics: Mathematics
    Type of Medium: Electronic Resource
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  • 7
    Electronic Resource
    Electronic Resource
    Springer
    Mathematische Annalen 180 (1969), S. 26-47 
    ISSN: 1432-1807
    Source: Springer Online Journal Archives 1860-2000
    Topics: Mathematics
    Type of Medium: Electronic Resource
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  • 8
    Electronic Resource
    Electronic Resource
    Springer
    Mathematische Annalen 285 (1989), S. 141-160 
    ISSN: 1432-1807
    Source: Springer Online Journal Archives 1860-2000
    Topics: Mathematics
    Type of Medium: Electronic Resource
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  • 9
    Electronic Resource
    Electronic Resource
    Springer
    Microbial ecology 38 (1999), S. 253-263 
    ISSN: 1432-184X
    Source: Springer Online Journal Archives 1860-2000
    Topics: Biology
    Notes: Abstract Microscale fluctuations in water level (1–20 mm) are common on a diurnal basis in shallow (〈5–10 cm) wetlands, coupled to evapotranspiration losses during the daytime in excess of groundwater resupply. These depth variations alter the intensity of UV irradiance reaching attached periphytic algal and bacterial microbial communities. Effects of alterations of UV irradiance by micro-changes in water level on periphytic microbiota were examined experimentally. Attached microbial communities, grown on glass fiber filters in situ in a natural wetland, were exposed experimentally to near-natural levels of UV irradiance of differing spectral quality. UV intensity was altered by varying the distance of the communities from the light source, changes in UV-attenuating natural dissolved organic matter (DOM), and small changes in water level (2 or 4 mm). Algal productivity and photosynthetic oxygen production were significantly reduced by small enhancements of UV-B radiation, by decreased water levels of only 2 mm, and by reductions in concentrations of DOM. UV-B had only small short-term effects on chlorophyll a, although small increases in water depth and DOM concentration reduced pigment damage. Experimental removal of UV-B during in situ growth indicated that algae could adapt to UV radiation during growth in natural environments. Microbial oxygen consumption and bacterial productivity and biomass were also lowered significantly by UV-B exposure, and damage decreased with small (2 mm) increases in water depth or in DOM concentration. Selective inhibitors of algal photosynthesis and production of released extracellular organic substrates caused a concomitant reduction in bacterial productivity and a significant increase in magnitude of UV-B damage to bacterial biomass. These effects suggested that metabolic interactions between the periphytic autotrophs and heterotrophs altered community responses to UV-B radiation. Microscale water level reductions, common on a diurnal basis in shallow wetlands, and associated increased UV intensity can result in rapid alterations in periphytic metabolism.
    Type of Medium: Electronic Resource
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  • 10
    Electronic Resource
    Electronic Resource
    Springer
    Journal of molecular evolution 30 (1990), S. 290-297 
    ISSN: 1432-1432
    Keywords: Tetrahymena ; Phylogenies ; Polymerase chain reaction ; Histones ; Macronuclear DNA
    Source: Springer Online Journal Archives 1860-2000
    Topics: Biology
    Notes: Summary The species of theTetrahymena pyriformis complex present a conundrum with regard to their highly conservative morphology and widely divergent molecular characteristics. We have investigated the phylogenetic relationships among these species using the nucleotide sequences from the histone H3II/H4II region of the genome. This region includes portions of the two histone coding sequences, as well as the intergenic region. The DNA sequences of these regions were amplified by the polymerase chain reaction (PCR) and the sequence of each was determined. Nucleotide substitutions and insertions/deletions within this set of sequences were compared to determine the phylogenetic relationships among the species of the complex. These data yield phylogenetic trees with identical topologies when different tree-building routines are used, indicating that the data are very robust.Glaucoma chattoni was used as an outgroup to root the trees for this analysis. The genome organization ofG. chattoni and the divergence of its histone H3II/H4II region sequence relative to those of the complex clearly indicate that this species has diverged considerably from the complex. These results show that PCR amplification analysis is feasible over considerable evolutionary distances. However, DNA-DNA hybridization may be more useful than sequence analysis in resolving the relationships among the closely related species in the complex.
    Type of Medium: Electronic Resource
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