Results 161 to 170 of about 50,402 (312)
Cooperation and Managerial Delegation in Duopoly Revisited
ABSTRACT This paper shows that the cooperative game with managerial delegation (in both the Cournot and Bertrand settings) and the Bertrand benchmark game (without delegation or cooperation) are equivalent in duopoly. The cooperative solution may be the equilibrium of the game, and this outcome can be beneficial for consumer surplus and welfare when ...
José A. Novo‐Peteiro
wiley +1 more source
Income taxes and redistribution in the early twentieth century
Abstract This paper examines the distributive effects of personal income taxation in Sweden, the United Kingdom, and the United States during the first half of the twentieth century. We estimate the evolution of marginal and average effective tax rates across the income distribution and calculate the corresponding indices of progressivity and ...
Sara Torregrosa‐Hetland, Oriol Sabaté
wiley +1 more source
When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation
ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
wiley +1 more source
Games Between Players With Dual‐Selves
ABSTRACT Human decision making often seems to be determined by the resolution of intrapersonal conflict. This paper conceptualizes the analysis of decisions governed by such dual‐self processes in individual decision contexts and strategic interactions.
Simon Dato +2 more
wiley +1 more source
Medical Knowledge Integration Into Reinforcement Learning Algorithms for Dynamic Treatment Regimes
Summary The goal of precision medicine is to provide individualised treatment at each stage of chronic diseases, a concept formalised by dynamic treatment regimes (DTR). These regimes adapt treatment strategies based on decision rules learned from clinical data to enhance therapeutic effectiveness.
Sophia Yazzourh +3 more
wiley +1 more source
Estimating the changing risks of low crop yield using non-stationary generalized Pareto distributions [PDF]
Akio Onogi
openalex +1 more source
Abstract Despite increasing demands for resilient and sustainable supply chains, inventory management often relies on outdated single‐criterion analyses. While multi‐criteria ABC (MCABC) analyses provide a theoretically mature assessment of resilience‐sustainability‐benefit trade‐offs in inventory, their adoption remains limited due to fragmented ...
Lukas Grützner, Michael H. Breitner
wiley +1 more source
Multi‐objective maritime vessel routing with safety considerations
Abstract The routing of maritime vessels is a challenging optimization problem that involves finding an adequate balance between conflicting and multiple objectives. This paper proposes a methodology based on inverse optimization to find appropriate objective weights that account for conflicting objectives. To formulate the inverse optimization problem,
Nazanin Sharif +4 more
wiley +1 more source

