Results 81 to 90 of about 144,353 (287)
Collusion constrained equilibrium
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
Dutta, Rohan +2 more
openaire +8 more sources
Winston Churchill and South Africa: An Enduring, yet Debatable Connection, 1899–1955
Abstract The article traces Churchill's engagement with South Africa, from his time as a newspaper correspondent during the Anglo‐Boer War to his services in both Liberal and Conservative cabinets as well as, ultimately, his premiership. The discussion highlights three phases in this relationship.
LUVUYO WOTSHELA
wiley +1 more source
The Optimality of Team Contracts
This paper analyzes optimal contracts in a linear hidden-action model with normally distributed returns possessing two moments that are governed jointly by two agents who have negative exponential utilities.
Mehmet Barlo, Ayça Özdoğan
doaj +1 more source
Economic Analysis of Pay-for-delay Settlements and Their Legal Ruling [PDF]
In this paper, we ask whether courts should continue to rule settlements in the context of pharmaceutical claims per se legal, when these settlements comprise payments from originator to generic companies, potentially delaying generic entry compared to ...
Gratz, Linda
core
ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley +1 more source
Asymmetric Collusion and Merger Policy [PDF]
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a factor potentially leading to collusion.
Helder Vasconcelos +2 more
core
Stable Price Dispersion under Heterogeneous Buyer Consideration
ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals.
David P. Myatt, David Ronayne
wiley +1 more source
Corporate Social Responsibility and Firms Ability to Collude [PDF]
We examine a duopoly with polluting production where firms adopt a form of corporate social responsibility (CSR) to define their objective functions. Our analysis focusses on the bearings of CSR on collusion over an infinite horizon, sustained by either ...
A. Tampieri, L. Lambertini
core
Optimal Job Design and Information Elicitation
ABSTRACT When managers rely on their subordinates for local information but cannot commit to how such information is used, the incentives for effort and information elicitation become intertwined. This incentive problem influences the firm's job design decision, that is, whether to assign all tasks in a job to one worker (“individual assignment”) or ...
Arijit Mukherjee +2 more
wiley +1 more source
Collusion-resistant cross-chain transaction scheme based on game theory and verifiable consensus
Existing cross-chain transaction solutions often overlook the issue of cross-chain collusion. In response, the counter-collusion cross-channel was proposed to facilitate scalable and collusion-resistant cross-chain transactions.
JIA Xuedan, WANG Liangmin, HUANG Longxia
doaj

