This book is designed to highlight the advantages and disadvantages of the three major bidding systems: Standard American, 2/1, and Precision Club, as well as the Bergen Raise system. Solutions are offered for each disadvantage. Proposals for additional conventions, such as the weak NT and Jacoby transfers, are contained in a simplified model chart of each system. There are also innovative proposals for showing a five-card major, overcalls, and slam bidding. You will also find chapters on various conventions, irregularities in bidding, probabilities, filling out the convention card, playing in a team event, and scoring.

The Precision Diamond system provides a solution to the flaws in the Standard American bidding convention (SAYC). There are 6 notable features of my bidding system. The 1st feature is the ability of the responder to show his 5-card major suit immediately using the Casey-Jacoby Transfer. The 2nd feature is that Precision Diamond permits the opener to show his points within a 2p range from 16-21 points using the Casey Shift and the Strong 2 opening. The 3rd feature is the ability of the overcaller to show his 4-card major suit immediately by assigning 1NT to show 4s. The 4th feature of Precision Diamond is the ability of the Keycard-Asker in a slam contract to ascertain whether the opener has the trump queen using the Casey RKC method. The 5th feature is the ability of the opener to show keycards, including the trump queen, at the 4-level in the case of a minor suit slam attempt using Minorwood. The 6th feature is the ability of the opener to find a slam with a minor suit fit using the Casey Minor Rebid convention.

Economists often look at markets as given, and try to make predictions about who will do what and what will happen in these markets. Market design, by contrast, does not take markets as given; instead, it combines insights from economic and game theory together with common sense and lessons learned from empirical work and experimental analysis to aid in the design and implementation of actual markets In recent years the field has grown dramatically, partially because of the successful wave of spectrum auctions in the US and in Europe, which have been designed by a number of prominent economists, and partially because of the increase use of the Internet as the platform over which markets are designed and run There is now a large number of applications and a growing theoretical literature. The Handbook of Market Design brings together the latest research from leading experts to provide a comprehensive description of applied market design over the last two decades In particular, it surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as medical residents and hospitals, law clerks and judges, or patients and kidney donors It also examines a number of applications related to electronic markets, e-commerce, and the effect of the Internet on competition between exchanges.

An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.

My goal in writing this book is to provide a careful organization of topics so that one may easily convert from any standard two club opening system and in particular the 2/1 Game Force bids to Precision. In the process, one may keep most of their natural bidding sequences and the conventions they currently use with minor modifications. I have tried to eliminate the fear of the memory features used by many variations of Precision by presenting a series of bids that are geared toward simplicity and allow the reader to integrate the Precision system into their more familiar natural bidding system using the 2/1 Game Force bidding structure which includes Combined Bergen Raises, inverted minor suit raises with criss-cross, cue bidding, modified scroll bids, and many more familiar methods.

This book incorporates the 2/1 Game Force bidding system whenever the opener bids a major suit. Five new conventions have been added to the 2/1 system. This book is also designed to improve your bidding of minor suit openings in 4 steps. The 1st step involves the use of the Casey-Jacoby Transfer and the Casey overcall (a 1NT bid shows 4 hearts). The 2nd step involves adoption of the strong 2 bid, a bid of 20-21p. This allows the opener to use the Casey Reverse to show a hand of 16-17p by bidding at the 2-level and to show a hand of 18-19p by bidding at the 3-level. The Casey Minor Suit Rebid convention allows O to show a 4+ card suit at the 2 or 3-level. The 3rd step involves optimizing your slam bidding with the Casey Trump Queen convention and the Casey-Minorwood Kickback convention. The 4th step involves the use of the Weak-1NT (a 1NT bid shows 4 hearts) and Weak-2NT bids, both designed to hamper the opponents.

This book analyses decision-making in dynamic economic environments. By applying a wide range of methodological approaches, combining both analytical and computational methods, the contributors examine various aspects of optimal firm behaviour and relevant policy areas. Topics covered include optimal control, dynamic games, economic decision-making, and applications in finance and economics, as well as policy implications in areas such as pollution regulation. This book is dedicated to Christophe Deissenberg, a well-known and distinguished scholar of economic dynamics and computational economics. It appeals to academics in the areas of optimal control, dynamic games and computational economics as well as to decision-makers working in policy domains such as environmental policy.