Results 11 to 20 of about 3,335,492 (146)
Rationality and Solutions to Nonconvex Bargaining Problems: Rationalizable, Asymmetric and Nash Solutions [PDF]
Rationality and Solutions to Nonconvex Bargaining Problems: Rationalizable, Asymmetric and Nash SolutionsThis Version: April 2011 Conditions α and β are two well-known rationality conditions in the theory of rational choice. This paper examines the implications of weaker versions of these two rationality conditions in the context of solutions to nonconvex bargaining problems.
Yoshihara, Naoki, Xu, Yongsheng
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Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs [PDF]
, 2011 We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining games with complete information. We show that the set of asymmetric Nash bargaining solutions for different strictly positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly
Brangewitz, Sonja, Gamp, Jan-Philip
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Non-cooperative support for the asymmetric Nash bargaining solution [PDF]
Journal of Economic Theory, 2008 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Volker Britz +2 more
openaire +4 more sources
The Decentralization of Liquor Policies in Texas During the Post‐Prohibition Era
International Economic Review, EarlyView.ABSTRACT We examine the decentralization of liquor policies in Texas during the Post‐Prohibition era using newly collected historical legislative roll call data. By combining these data with local referendum vote shares, we analyze both legislators' and constituents' preferences on liquor policy.
Andrew Arnold, Holger Sieg
wiley +1 more source
Gendered Effects of the Minimum Wage
International Economic Review, EarlyView.ABSTRACT Women work disproportionately in low‐hours jobs, which pay lower wages and are more exposed to minimum‐wage policies. We estimate an equilibrium search model with worker and firm heterogeneity, jobs differing in wages and hours, and imperfect compliance. Applied to Germany, the 8.50 € minimum wage reallocates women toward higher‐hours jobs and
Alessandro Di Nola, Haomin Wang
wiley +1 more source
Industrial Relations Journal, EarlyView.ABSTRACT Official discourse suggests that 12% of Britain's workforce engages in precarious work where non‐compliance is concentrated. Research reported here suggests this provides a partial picture and that, in specific sectors, non‐compliant employers, organized crime groups and criminalized employment are ceded by the state, where many ...
Ian Clark +3 more
wiley +1 more source
Make or Buy Decisions and Data Sharing
The Journal of Industrial Economics, EarlyView.ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley +1 more source
Lurking Patent Claims and Strategic Royalty Contracts
The Journal of Industrial Economics, EarlyView.ABSTRACT This paper analyzes optimal licensing contracts when a licensee faces the risk of future infringement claims by unknown patent holders. In a setting where a noncompeting licensor contracts with a monopolistic manufacturer, fixed‐fee licensing is optimal absent such claims.
Jay Pil Choi
wiley +1 more source
Strategic Stake Acquisitions in Rival Firms: Common vs. Cross‐Ownership
The Journal of Industrial Economics, EarlyView.ABSTRACT We study how a blockholder who controls a firm should acquire a minority stake in a rival: directly, creating common ownership, or indirectly through the controlled firm, creating cross‐ownership. Common ownership generates stronger internalization of competitive externalities and allows the blockholder to capture the resulting gains without ...
Vincenzo Denicolò, Fausto Panunzi
wiley +1 more source
The Time-Preference Nash Solution [PDF]
We give an axiomatic characterization of the Time-Preference Nash Solution, a bargaining solution that is applied when the underlying preferences are defined over streams of physical outcomes.
Eyal Winter, Nir Dagan, Oscar Volij
core +2 more sources