This paper characterizes the preferences over bounded infinite utility streams that satisfy the time-value of money principle and an additivity property, and preferences that in addition are impatient. Based on this characterization, the paper introduces a concept of optimization that is robust to a small imprecision in the specification of the preference, and proves that the set of feasible streams of payoffs of a finite Markov decision process admits such a robust optimization.

The Big Match is a multi-stage two-player game. In each stage Player 1 hides one or two pebbles in his hand, and his opponent has to guess that number; Player 1 loses a point if Player 2 is correct, and otherwise he wins a point. As soon as Player 1 hides one pebble, the players cannot change their choices in any future stage.Blackwell and Ferguson (1968) give an $varepsilon$-optimal strategy for Player 1 that hides, in each stage, one pebble with a probability that depends on the entire past history. Any strategy that depends just on the clock or on a finite memory is worthless. The long-standing natural open problem has been whether every strategy that depends just on the clock and a finite memory is worthless.The present paper proves that there is such a strategy that is $varepsilon$-optimal. In fact, we show that just two states of memory are sufficient.

Capsule: Microclimatic conditions in the nest of the Lesser Kestrel (Falco naumanni), particularly the percentage of time of extremely low humidity, affect breeding success.Aim: (1) To study the effect of within-nest temperature and humidity on nest productivity, and the correlation between nest productivity and the order of dates on which nests were occupied by the parents. (2) To compare microclimatic conditions in the nest, breeding success and order of occupation between nests under tile roofs and artificial nest boxes.Methods: Three different Lesser Kestrel colonies in Israel "one rural, one urban and one in an open country habitat. Data loggers, that measure temperature and humidity, were put in 39 nests for the entire breeding period. The number of fledglings was recorded for each nest, as well as the date of occupation.Results: (1) Full microclimatic data from 35 nests suggest that percentage of time of extremely low humidity is the major predictor of nest productivity. (2) The urban colony had the lowest breeding success of the three colonies. (3) Sites of more successful nests were occupied earlier. (4) No significant difference in mean productivity between nests in roofs and nest boxes, but nests in roofs were occupied earlier.Conclusion: Nest microclimate affects nesting success in addition to colony location.

The effect of food supplement to Lesser Kestrel (Falco naumanni) nests during the nestling period (from hatching to fledging) was studied in two nesting colonies in Israel - Alona and Jerusalem. Our hypotheses was that food supplement will have a greater effect on fledgling success in the food-limited, urban colony of Jerusalem, than in the rural colony of Alona. Indeed, food supplement had a significantly positive effect on breeding success in both colonies. However, and contrary to our prediction, the decrease in chick mortality between supplemented and control nests in Jersualem was actually smaller than in Alona. This implies either that additional factors, possibly urbanization associated, other than food limitation, might be responsible for the difference in nesting success of Lesser Kestrels between Alona and Jersualem, and/or that the amount of additional food provided to supplemented nests (three mice per chick per week), was not enough.

We consider a standard model of judgment aggregation as presented, for example, in Dietrich (2015). For this model we introduce a sequential majority procedure (SMP) which uses the majority rule as much as possible. The ordering of the issues is assumed to be exogenous. The definition of SMP is given in Section 2. In Section 4 we construct an intuitive relevance relation for our model, closely related to conditional entailment, for our model. While in Dietrich (2015), the relevance relation is given exogenously as part of the model, we insist that the relevance relation be derived from the agenda. We prove that SMP has the property of independence of irrelevant issues (III) with respect to (the transitive closure of) our relevance relation. As III is weaker than the property of proposition-wise independence (PI) we do not run into impossibility results as does List (2004) who incorporates PI in some parts of his analysis. We proceed to characterize SMP by anonymity, restricted monotonicity, limited neutrality, restricted agenda property, and independence of past deliberations (see Section 3 for the precise details). SMP inherits the first three axioms from the Majority Rule. The axiom of restricted agenda property guarantees sequentiality. The most important axiom, independence of past deliberations (IPD), says that the choice at time (t+1) depends only on the choices in dates 1, ..., t and the judgments at (t +1) (and not on the judgments in dates 1, ..., t) . Also, we use this occasion to point out that Roberts (1991) characterization of choice by plurality voting may be adapted to our model.

Riddles can teach us psychology when we stop to consider the psychological principles that make them work . This paper studies a particular class of riddles that we call stumpers, and provides analysis of the various principles (some familiar, some novel) that inhibit most people from finding the correct solution "or any solution "even though they find the answers obvious ex post. We restrict our analysis to four stumpers, propose the psychological antecedents of each, and provide experimental support for our conjectures

Males of the brown widow spider,Latrodectusgeometricus(Theridiidae), invest energy in courtship displays and are often cannibalized after mating;accordingly, partial sex role reversal is expected. In this species, subadult females are able to mate and produce viable offspring. In contrast to mature females, these subadult females do not cannibalize their mates after copulation. Nevertheless, when given a choice, males preferred mature over subadult females and older over young mature females. We found no benefit for males in mating with the females of their choice. Older females weresignificantly less fecund than young mature females, and werenot more fecund than subadult females. We tested possible advantages in mating with cannibalistic (mature) females, such as an increased probability of plugging the female s genital duct or longer copulations,or disadvantages in mating with subadult females, such as higher remating risk. None of these explanations was supported. Thus, we lack an adaptive explanation for male preference for mature older females. We suggest that older females produce more pheromone to attract males and that males are thus misled into mating with older, more aggressive and less fecund females.

We survey the results on representations of committees and constitutions by game forms that possess some kind of equilibrium strategies for each profile of preferences of the players. The survey is restricted to discrete models, that is, we deal with finitely many players and alternatives. No prior knowledge of social choice is assumed: As far as definitions are concerned, the paper is self-contained. Section 2 supplies the necessary general tools for the rest of the paper. Each definition is followed by a simple (but nontrivial) example. In Section 3 we give a complete account of representations of committees (proper and monotonic simple games), by exactly and strongly consistent social choice functions. We start with Peleg's representations of weak games, and then provide a complete and detailed account of Holzman's solution of the representation problem for simple games without veto players. In Section 4 we deal with representations of constitutions by game forms. Following Grdenfors we model a constitution by a monotonic and super additive effectivity function. We fully characterize the representations for three kinds of equilibrium: Nash equilibrium; acceptable equilibrium (Pareto optimal Nash equilibrium); and strong Nash equilibrium. We conclude in Section 5 with a report on two recent works on representations of constitutions under incomplete information.

A social choice correspondence is self-implementable in strong equilibrium if it is implementable in strong equilibrium by a social choice function selecting from the correspondence itself as a game form. We characterize all social choice correspondences implementable this way by an anonymous social choice function satisfying no veto power, given that the number of agents is large relative to the number of alternatives. It turns out that these are exactly the social choice correspondences resulting from feasible elimination procedures as introduced in Peleg (1978).

It is generally believed that during economic decisions, striatal neurons represent the values associated with different actions. This hypothesis is based on studies, in which the activity of striatal neurons was measured while the subject was learning to prefer the more rewarding action. Here we show that these publications are subject to at least one of two critical confounds. First, we show that even weak temporal correlations in the neuronal data may result in an erroneous identification of action-value representations. Second, we show that experiments and analyses designed to dissociate action-value representation from the representation of other decision variables cannot do so. We suggest solutions to identifying action-value representation that are not subject to these confounds. Applying one solution to previously identified action-value neurons in the basal ganglia we fail to detect action-value representations. We conclude that the claim that striatal neurons encode action-values must await new experiments and analyses.

In making an agreement with someone, I conditionally promise to perform a certain action, conditioning my obligation on their both making a corresponding promise and performing their action. What promise should I require? That they simply commit to perform is not enough. I should demand the kind of promise I am making myself, and they should demand the same of me. This makes our promises indirectly self-referential. Assuming the performance actions are specified, my promise can be characterized as a set of available promises, all those the other could make to activate my obligation. We have an agreement if each one s promise is a member of the other s promise. Assume that the set P of available promises satisfies (1) Aczel s axiom for circular sets; (2) transitivity: if the obligation of $p 'in P$ is activated by $p $, then $p 'in P$; and (3) superset closure: if $p 'in P$ is activated by $p $, $p$ is activated by any promise that implies (is a superset of) $p $. The focus is on bargaining procedures that treat the parties symmetrically (e.g., no specified offerer or accepter.) Each party chooses an agreement promise $p*$ such that (4) if both make $p*$ and one performs, the other is obligated to perform; (5) if one makes $p*$ and the other does not, the former is not unilaterally obligated. It is shown that among available promise sets of a given size, exactly one contains an agreement promise and contains exactly one of them.

Talk delivered at the opening of SPUDM 26, Haifa, Israel, August 2017.

Objective: To evaluate whether full-term deliveries resulting in neonates diagnosed with hypoxic-ischemic encephalopathy are associated with a significant increase in the rate of subsequent unscheduled cesarean deliveries. Methods: We conducted a retrospective chart review study and examined all deliveries in the department of Obstetrics and Gynecology at Hadassah University Hospital, Mt. Scopus campus, Jerusalem, Israel during 2009-2014. We reviewed all cases of hypoxic-ischemic encephalopathy in singleton, term, liveborn deliveries and identified seven such cases: three of which were attributed to obstetric mismanagement and four which were not. We measured the rate of unscheduled cesarean deliveries before and after the events and their respective hazard ratio (HR). Results: Prior to a mismanaged delivery resulting in hypoxic-ischemic encephalopathy, the baseline rate of unscheduled cesarean deliveries was approximately 80 unscheduled cesarean deliveries for every 1,000 deliveries. In the first 4 weeks immediately after each of the three identified cases, there was a significant increase in the rate of unscheduled cesarean deliveries by an additional 48 unscheduled cesarean deliveries per 1,000 deliveries (95% CI 27-70/1,000). This increase was transient and lasted approximately 4 weeks. We estimated that each case was associated with approximately 17 additional unscheduled cesarean deliveries (95% confidence interval 8-27). There was no increase in the rate of unscheduled cesarean deliveries in cases of hypoxic-ischemic encephalopathy that were not associated with mismanagement. Conclusion: The increase in the rate of unscheduled cesarean deliveries after a catastrophic neonatal outcome may result in short-term changes in obstetricians risk evaluation.

Separate selling of two independent goods is shown to yield at least 62% of the optimal revenue, and at least 73% when the goods satisfy the Myerson regularity condition. This improves the 50% result of Hart and Nisan (2017, originally circulated in 2012).

We examine a solution concept, called the value,  for n-person strategic games. In applications, the value provides an a-priori assessment of the monetary worth of a player s position in a strategic game, comprising not only the player s contribution to the total payoff but also the player s ability to inflict losses on other players. A salient feature is that the value takes account of the costs that spoilers  impose on themselves. Our main result is an axiomatic characterization of the value. For every subset, S, consider the zero-sum game played between S and its complement, where the players in each of these sets collaborate as a single player, and where the payoff is the difference between the sum of the payoffs to the players in S and the sum of payoffs to the players not in S. We say that S has an effective threat if the minmax value of this game is positive. The first axiom is that if no subset of players has an effective threat then all players are allocated the same amount. The second axiom is that if the overall payoff to the players in a game is the sum of their payoffs in two unrelated games then the overall value is the sum of the values in these two games.

A game of threats on a finite set of players, $N$, is a function $d$ that assigns a real number to any coalition, $S subseteq N$, such that $d left( S right) = - d left( N setminus S right)$. A game of threats is not necessarily a coalitional game as it may fail to satisfy the condition $d left( emptyset right) = 0$. We show that analogs of the classic Shapley axioms for coaltional games determine a unique value for games of threats. This value assigns to each player an average of the threat powers, $d left( S right)$, of the coalitions that include the player.

The dominant view of cognitive aging holds that while controlled processes (e.g., working memory and executive functions) decline with age, implicit (automatic) processes do not. In this paper we challenge this view by arguing that high-level automatic processes (e.g., implicit motivation) decline with age, and that this decline plays an important and as yet unappreciated role in cognitive aging. Specifically, we hypothesized that due to their decline, high-level automatic processes are less likely to be spontaneously activated in old age, and so their subtle, external activation should have stronger effects on older (vs. younger) adults. In two experiments we used different methods of implicitly activating motivation, and measured executive functions of younger and older adults via the Wisconsin Card Sorting Test. In Experiment 1 we used goal priming to subtly increase achievement motivation. In Experiment 2 motivation was manipulated by subtly increasing engagement in the task. More specifically, we introduce the Jerusalem Face Sorting Test (JFST), a modified version of the WCST that uses cards with faces instead of geometric shapes. In both experiments, implicitly induced changes in motivation improved older- but not younger- adults executive functioning. The framework we propose is general, and it has implications as to how we view and test cognitive functions. Our case study of older adults offers a new look at various aspects of cognitive aging. Applications of this view to other special populations (e.g., ADHD, schizophrenia) and possible interventions are discussed.

A repeat voting procedure is proposed, whereby voting is carried out in two identical rounds. Every voter can vote in each round, the results of the first round are made public before the second round, and the final result is determined by adding up all the votes in both rounds. It is argued that this simple modification of election procedures may well increase voter participation and result in more accurate and representative outcomes.

We consider a standard model of judgment aggregation as presented, for example, in Dietrich (2015). For this model we introduce a sequential aggregation procedure (SAP) which uses the majority rule as much as possible. The ordering of the issues is assumed to be exogenous. The exact definition of SAP is given in Section 3. In Section 4 we construct an intuitive relevance relation for our model, closely related to conditional entailment. Unlike Dietrich (2015), where the relevance relation is given exogenously as part of the model, we require that the relevance relation be derived from the agenda. We prove that SAP has the property of independence of irrelevant issues (III) with respect to (the transitive closure of) our relevance relation. As III is weaker than the property of proposition-wise independence (PI) we do not run into impossibility results as does List (2004) who incorporates PI in some parts of his analysis. We proceed to characterize SAP by anonymity, restricted monotonicity, local neutrality, restricted agenda property, and independence of past deliberations (see Section 5 for the precise details). Also, we use this occasion to show that Roberts s (1991) characterization of choice by plurality voting can be adapted to our model.

Decision makers can often improve the accuracy of their judgments on factual matters by consulting 'crowds  of others for their respective opinions. In this article, we investigate whether decision makers could similarly draw on crowds to improve the accuracy of their judgments about their own tastes and hedonic experiences. We present a theoretical model which states that accuracy gains from consulting a crowds judgments of taste depend on the interplay among taste discrimination, crowd diversity, and the similarity between the crowd s preferences and those of the decision maker. The model also delineates the boundary conditions for such 'crowd wisdom.  Evidence supporting our hypotheses was found in two laboratory studies in which decision makers made judgments about their own enjoyment of musical pieces and short films. Our findings suggest that, although different people may have different preferences and inclinations, their judgments of taste can benefit from the wisdom of crowds.