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.

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Vassar Scholarship

A classroom experiment on exchange rate determination with purchasing power parity

Publication Date
2007-February-01
Document Type
working paper
Authors
Mitchell, David
Rebelein, Robert P.
Schneider, Patricia
Simpson, Nicole B.
Fisher, Eric
Department or Program
Economics Department
Document Type
Working Paper
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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Vassar Scholarship

Budget-Constrained Dynamics in Multiagent Systems

Publication Date
2017-January-01
Document Type
conference
Authors
Naumov, Pavel
Cao, Rui
Department or Program
Computer Science Department
Document Type
Conference
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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