A decentralized model of information pricing in networks

We propose a recursive method of pricing an information good in a network of holders and demanders of this good. The prices are determined via a unique equilibrium outcome in a sequence of bilateral bargaining games that are played by connected agents. If the information is an homogenous, non-depreciating good without network effects we derive explicit formulae which elucidate the role of the link pattern among the players. Particularly, we find out that the equilibrium price is intimately related to the existence of cycles in the network: It is zero if a cycle covers the trading pair and it is proportional to the direct and indirect utility that the good generates otherwise.

Upper and lower bounds of 180 degrees unit element of a ridge waveguide: Calculations and measurements

The upper and lower bounds on the actual solution of any microwave structure is of general interest. The purpose of this letter is to compare some calculations using the mode-matching and finite-element methods, with some measurements on a 180 degrees ridge waveguide insert between standard WR62 rectangular waveguides. The work suggests that the MMM produces an upper bound, while the FEM places a lower bound on the measurement. (C) 2001 John Wiley & Sons, Inc.

The unit ball of the complex P(3H)

Let H be a two-dimensional complex Hilbert space and P(3H) the space of 3-homogeneous polynomials on H. We give a characterization of the extreme points of its unit ball, P(3H), from which we deduce that the unit sphere of P(3H) is the disjoint union of the sets of its extreme and smooth points. We also show that an extreme point of P(3H) remains extreme as considered as an element of L(3H). Finally we make a few remarks about the geometry of the unit ball of the predual of P(3H) and give a characterization of its smooth points.