For a fractal Schrodinger operator with a continuous potential and a coupling parameter, we obtain an analog of a semi-classical asymptotic formula for the number of bound states as the parameter tends to infinity. We also study Bohr's formula for Schrodinger operators on blowups of self-similar sets. For a Schrodinger operator defined by a fractal measure and a locally bounded potential that tends to infinity, we derive an analog of Bohr's formula under various assumptions. We demonstrate how these results can be applied to self-similar measures with overlaps, including the infinite Bernoulli convolution associated with the golden ratio, a family of convolutions of Cantor-type measures, and a family of measures that we call essentially of finite type.

We consider two-dimensional critical bond percolation. Conditioned on the existence of an open circuit in an annulus, we show that the ratio of the expected size of the shortest open circuit to the expected size of the innermost circuit tends to zero as the side length of the annulus tends to infinity, the aspect ratio remaining fixed. The same proof yields a similar result for the lowest open crossing of a rectangle. In this last case, we answer a question of Kesten and Zhang by showing in addition that the ratio of the length of the shortest crossing to the length of the lowest tends to zero in probability. This suggests that the chemical distance in critical percolation is given by an exponent strictly smaller than that of the lowest path.

We obtain two-sided sub-Gaussian estimates of heat kernels for strongly local Dirichlet forms on intervals, equipped with self-similar measures generated by iterated function systems (IFS's) that do not satisfy the open set condition (OSC) and have overlaps. We first give a framework for heat kernel estimates on intervals, and then consider examples of self-similar measures to illustrate this phenomenon. These examples include the infinite Bernoulli convolution associated with the golden ratio, and a family of convolutions of Cantor-type measures. We make use of Strichartz second-order identities defined by auxiliary IFS's to compute measures of cells on different levels. These auxiliary IFS's do satisfy the OSC and are used to define new metrics. The walk dimensions obtained under these new metrics are strictly greater than 2 and are closely related to the spectral dimension of fractal Laplacians.

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We provide a model of a decentralized, dynamic auction market platform (e.g., eBay) in which a large number of buyers and sellers participate in simultaneous, singleunit auctions each period. Our model accounts for the endogenous entry of agents and the impact of intertemporal optimization on bids. Solving our model with a finite number of bidders is computationally intractable due to the curse of dimensionality, so we prove that a continuum version of our model provides a good approximation of an equilibrium in the finite model. We use the approximation to estimate the structural primitives of our model using Kindle sales on eBay. We find that just over one third of Kindle auctions on eBay result in an inefficient allocation with deadweight loss amounting to 13.5% of total possible market surplus. We also find that partial centralization - for example, runnng half as many 2-unit, uniform price auctions each day - would eliminate a large fraction of the inefficiency, but yield lower seller revenues. Our results highlight the importance of understanding platform composition effects—selection of agents into the market—in assessing the implications of market design.