Results 41 to 50 of about 37,125 (229)
From Nash to Cournot-Nash equilibria via the Monge-Kantorovich problem [PDF]
, 2014 The notion of Nash equilibria plays a key role in the analysis of strategic interactions in the framework of $N$ player games. Analysis of Nash equilibria is however a complex issue when the number of players is large.
Blanchet, Adrien, Carlier, Guillaume
core +6 more sources
Revista Científica de FAREM-Estelí, 2023 En un juego no cooperativo, el beneficio de los agentes involucrados en el juego depende de su función de pago y la estrategia empleada por cada agente.
Jony Rojas Rojas +1 more
doaj +1 more source
Computing Cournot Equilibrium through Maximization over Prices [PDF]
, 2007 This paper presents an alternative characterization of internal Cournot equilibrium based on the first-order conditions corresponding to profit maximization over prices.
Orbay, Hakan
core +2 more sources
Cross‐Ownership and Welfare‐Inferior Price Competition with Relative Profit Delegation Contracts
Bulletin of Economic Research, EarlyView.ABSTRACT We consider management reward contracts based on relative profit performance under cross‐ownership and find nonequivalence of price and quantity competition. We also examine an endogenous choice of competition mode under unilateral cross‐ownership and show that the welfare‐inferior price competition can appear unless the product's ...
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
On the Existence of Bayesian Cournot Equilibrium [PDF]
We show that when firms have asymmetric information about the market demand and theirs costs, a (Bayesian) Cournot equilibrium in pure strategies may not exist, or be unique.
Benyamin Shitovitz +3 more
core +6 more sources
Insider Trading with Semi-Informed Traders and Information Sharing: The Stackelberg Game
Mathematics, 2023 This paper presents a financial Stackelberg game model with two partially informed risk neutral insiders. Each insider receives a private signal about the stock value and competes with the other insider under a Stackelberg setting.
Wassim Daher, Fida Karam, Naveed Ahmed
doaj +1 more source
On Competition and the Strategic Management of Intellectual Property in Oligopoly [PDF]
, 2009 An innovative firm with private information about its indivisible process innovation chooses strategically whether to apply for a patent with probabilistic validity or rely on secrecy.
Jansen, Jos
core +1 more source
Pairwise Imitation and Tournament Graphs
International Economic Review, EarlyView.ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
Revista Facultad de Ciencias Económicas, 2011 Este artículo es un aporte teórico en dos campos de la economía: teoría de juegos y organización industrial. Se halla un equilibrio bayesiano de Nash-Cournot cuando dos empresas compiten en cantidades producidas.
ALEJANDRO RAMÍREZ VIGOYA
doaj
Iberian Journal of the History of Economic Thought, 2020 This paper compares Léon Walras’ and Augustin Cournot’s views on monetary regulation. It shows that whereas Cournot believed discretionary monetary regulation to be convenient and acceptable, Walras held that the only acceptable monetary system is based ...
Andrés Álvarez
doaj +1 more source