Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

A classroom experiment on exchange rate determination with purchasing power parity

Publication Date
2007-February-01
Document Type
Department or Program
Document Type
Abstract

We develop a classroom experiment on exchange rate determination appropriate for undergraduate courses in macroeconomics and international economics. Students represent citizens from different countries and need to obtain currency to purchase goods. By participating in a sealed bid auction to...

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Budget-Constrained Dynamics in Multiagent Systems

Publication Date
2017-January-01
Document Type
Department or Program
Document Type
Abstract

The paper introduces a notion of a budget-constrained multiagent transition system that associates two financial parameters with each transition: a pre-transition minimal budget requirement and a post-transition profit. The paper proposes a new modal language for reasoning about such a...

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