Results 271 to 280 of about 851,914 (292)

Competitive Pricing for Spectrum Sharing in Cognitive Radio Networks: Dynamic Game, Inefficiency of Nash Equilibrium, and Collusion

IEEE Journal on Selected Areas in Communications, 2008
We address the problem of spectrum pricing in a cognitive radio network where multiple primary service providers compete with each other to offer spectrum access opportunities to the secondary users. By using an equilibrium pricing scheme, each of the primary service providers aims to maximize its profit under quality of service (QoS) constraint for ...
Ekram Hossain, Dusit Niyato
exaly   +2 more sources

SEPARATING EQUILIBRIUM AND PERSISTENT INEFFICIENCY

International Game Theory Review, 2012
In context of the traditional Spence signaling model, the realization of a separating equilibrium ensures that each worker is allocated to the sector of the economy where they are most productive. Traditional analysis assumes, however, that the incremental returns to labor employment are constant across workers of any given type.
openaire   +2 more sources

The Inefficiency of Arbitrage in an Equilibrium-Search Model

The Review of Economic Studies, 1991
Summary: The effect that the entry of additional firms has on consumer welfare and efficiency in a simple equilibrium-search model is considered. Special attention is given to the case where an arbitrageur enters. It is shown that entry can increase the monopoly power of firms and so reduce welfare. In particular, arbitrage always makes consumers worse
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Efficiency and inefficiency of Nash equilibrium for scheduling games on batching-machines with activation cost

Theoretical Computer Science, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Long Zhang, Jiguo Yu, Yuzhong Zhang, Donglei Du, Min Guo   +4 more
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Are Differentiated Carbon Taxes Inefficient? A General Equilibrium Analysis

The Energy Journal, 2003
Revenue-raising environmental policy instruments, such as carbon taxes, tend to be politically controversial. In practice, carbon taxes are often differentiated between polluters, implying unequal marginal abatement costs. Grandfathered tradeable permits seem less controversial; this instrument yields equal marginal abatement costs, but does not raise ...
Brita Bye, Karine Nyborg
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Rational Inefficiency: A Nash-Cournot Oligopolistic Market Equilibrium

SSRN Electronic Journal, 2012
The standard assumption in the efficiency literature that firms desire to produce on the production frontier may not hold in an oligopolistic market where the production decisions of all firms will determine the market price, i.e. an increase in a firm’s output level leads to a lower market clearing price and potentially-lower profits.
Chia-Yen Lee, Andrew Johnson
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Equilibrium and Inefficiency in a Community Model With Peer Group Effects

Journal of Political Economy, 1990
Public-service output depends on input expenditures, on own personal characteristics, and on the characteristics of the other residents in the community (the peer group effect). In a community model with public expenditures set by voting, with migration between communities, and with land price differentials (capitalization), it is shown that ...
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A 'folk' solution to decrease Nash Equilibrium inefficiency for a job scheduling game

Journal of Convergence Information Technology, 2012
In a distributed system as a Grid, one of the most important targets is to optimize load balancing or thread throughput. As matter of fact in such distributed systems, jobs concur to access shared and distributed resources. For this reason, we modeled a scheduler as a job scheduling game, where multiple jobs concur to use multiple processing cores as ...
Spata M. O., Rinaudo S.
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Optimal Trade Policy, Equilibrium Unemployment and Labor Market Inefficiency

SSRN Electronic Journal, 2015
AbstractUnder which circumstances is using trade policies to prevent job losses welfare improving? To answer this question, I incorporate a frictional labor market into the Heckscher–Ohlin model. The results suggest that (a) a country that has an inefficient level of unemployment may experience welfare losses from free trade; (b) having search ...
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Equilibrium Selection, Inefficiency, and Instability in Internet Advertising Auctions

SSRN Electronic Journal, 2010
This paper studies equilibrium selection and stability in the generalized second price auction used by major search engines to sell advertisement slots. We assume that a bidder who bids randomly (noise bidder) participates in the auction with a small probability.
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