Researcher ORCID Identifier
Campus Only Senior Thesis
Bachelor of Science
Susan E. Martonosi
2022 Max Holloway
Risk is scary. While consumer insurance gives us a way to manage life event risks, such as risk against high medical bills, we do not manage our exposure to many potentially negative events in our lives, such as the risk that CO2 levels become astronomically high or the risk of significantly higher tax rates. Here, we analyze existing ways to manage risk, and we borrow ideas from finance and mechanism design to architect a platform that would enable the efficient management of risk for consumers. In particular, we propose a platform that utilizes binary options and Vickrey-Clarke-Groves mechanisms; this platform, if implemented, could provide an avenue for non-profit organizations to maximize social welfare on public information events.
Holloway, Max, "Mechanisms for the Efficient Hedging of Public Information Events" (2022). HMC Senior Theses. 263.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.