Vickrey auctions outperform discriminatory price auctions in allocative efficiency, reducing inefficiencies by 0.74% on average. The study provides the first structural analysis of the Fed’s MBS ...

In Section 3, after presenting some preliminary notions, we present sufficient optimality conditions for a solution of BMOP; the paper is concluded in Section 4. 2. Definition and Characterization of ...

Library for Jacobian descent with PyTorch. It enables optimization of neural networks with multiple losses (e.g. multi-task learning).

The optimality conditions allow formulating a boundary value problem (BVP). An initialization procedure is proposed, which enables to design continuation procedures (CPs) to solve the BVP. The results ...