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2018
This second volume of the Handbook includes original contribution by experts in the field. It provides up-to-date surveys of the most relevant applications of game theory to industrial organization. The book covers both classical as well as new IO topics such as mergers in markets with homogeneous and differentiated goods, leniency and coordinated ...
Rota-Graziosi, Grégoire +1 more
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This second volume of the Handbook includes original contribution by experts in the field. It provides up-to-date surveys of the most relevant applications of game theory to industrial organization. The book covers both classical as well as new IO topics such as mergers in markets with homogeneous and differentiated goods, leniency and coordinated ...
Rota-Graziosi, Grégoire +1 more
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Endogenous Timing in Vertically-Related Markets
The B.E. Journal of Theoretical Economics, 2018Abstract This paper investigates the theory of endogenous timing by taking into account a vertically-related market where an integrated firm competes with a downstream firm. Contrary to the standard results in the literature, we find that both firms play a sequential game in quantity competition and play a simultaneous game in price competition.
Din, Hong-Ren, Sun, Chia-Hung
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The Endogenous Determination of Time Preference
The Quarterly Journal of Economics, 1997We model a consumer's efforts to reduce the discount on future utilities. Our analysis shows how wealth, mortality, addictions, uncertainty, and other variables affect the degree of time preference. In addition to working out many implications of the model, we discuss evidence on consumption, savings, equilibrium, and the dynamics of inequality.
G. S. Becker, C. B. Mulligan
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ENDOGENOUS TIMING IN CONTESTS WITH DELEGATION
Economic Inquiry, 2012We study two‐player contests in which each player hires a delegate, and the delegates decide endogenously when to expend their effort. First, we look closely at the delegates' decisions on when to expend their effort, given contracts between the players and the delegates, and look at the players' decisions on their contracts.
KYUNG HWAN BAIK, JONG HWA LEE
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Endogenous Growth Cycles in Continuous Time
SSRN Electronic Journal, 2003The endogenous dynamics of a closed constant returns multi-market economy are examined in which agents face downward sloping demand. The trigger for growth in this model is a technological change that warrants costly adjustment in input quantities by agents. In the resulting dynamic game, relative prices within markets remain constant.
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Stochastic endogenous time preference
Journal of Mathematical Economics, 2014zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Higashi, Youichiro +2 more
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Endogenous Timing with Incomplete Information and with Observable Delay
Games and Economic Behavior, 2002zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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A MODEL OF ENDOGENOUS PAYOFF MOTIVES AND ENDOGENOUS TIMING IN A MIXED DUOPOLY*
Australian Economic Papers, 2009A model of endogenous payoff motives and endogenous order of moves is analysed in a mixed duopoly. We find that, when a non‐negative price constraint is imposed on public and private firms' quantity choice, both firms always choose to be relative‐payoff‐maximisers, and both simultaneous move and sequential move can be sustained in equilibrium.
KANGSIK CHOI, YUANZHU LU
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Network Externalities and Endogenous Timing in Managerial Firms
SSRN Electronic Journal, 2018We investigate the choice of endogenous timing in the presence of network externalities under Bertrand competition. Contrary to the results of sequentiality in equilibrium, we demonstrate that when managers are being delegated both the market and timing decision, there exists a unique simultaneous move in equilibrium regardless of network externalities.
Kangsik Choi, DongJoon Lee
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On the Uniqueness of Endogenous Strategic Timing
The Canadian Journal of Economics, 1989This paper investigates conditions ensuring uniqueness of the pattern of endogenous strategic timing. A given normal form game, G, is embedded in an extensive form game, H, possessing two explicit periods. Choice of the earlier time is costlier than is choice of the later.
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