Results 41 to 50 of about 277 (147)
A Multi-Player Framework for Sustainable Traffic Optimization in the Era of Digital Transportation
Nowadays, traffic management challenges in the era of digital transport are rising, as the interactions of various stakeholders providing such technologies play a pivotal role in shaping traffic dynamics. The objective of this paper was to present a game-
Areti Kotsi +3 more
doaj +1 more source
Mixed oligopoly and the choice of capacity [PDF]
We analyze the capacity choice of firms under different time structures in a mixed oligopoly market, in which firms decide not only production quantities but also capacity scales. We show that the public firm never chooses excess capacity, while the private firm never chooses under capacity under all possible strategic environments.
Lu, Y., Poddar, S.
openaire +1 more source
Abstract I argue that economists' distinction between ‘pure’ and ‘applied’ economic theory is often based on papers' stylistic markers rather than their methodology or scope. I illustrate this point with a model of price competition for boundedly rational consumers, due to Piccione and Spiegler. I first present its original, ‘pure style’ version.
Ran Spiegler
wiley +1 more source
Beyond Illyria: Workers' Firm in Mixed Oligopoly
We rationalize several facts emerging from the recent empirical research on cooperatives owned by workers (workers’ firms, WF) as: the concern of WFs for employment; the interplay between membership and workplace safeguard within WFs; the different reaction to shocks between WFs and profit-making firms. We do so by means of a new model of WFs short-run
Delbono, Flavio +2 more
openaire +3 more sources
ABSTRACT The cultures and governance of security markets in the United Kingdom are often characterised through a paradoxical narrative of simultaneous state retreat and progressive advance. In the face of repeated recent high‐profile security failures, and global changes in material political economy, we argue that UK security governance is adapting to
Ben Collier, Jamie Buchan
wiley +1 more source
Pairwise Imitation and Tournament Graphs
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
We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy
ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny +2 more
wiley +1 more source
Lurking Patent Claims and Strategic Royalty Contracts
ABSTRACT This paper analyzes optimal licensing contracts when a licensee faces the risk of future infringement claims by unknown patent holders. In a setting where a noncompeting licensor contracts with a monopolistic manufacturer, fixed‐fee licensing is optimal absent such claims.
Jay Pil Choi
wiley +1 more source
ABSTRACT This research introduces the concept of relational resilience, which reflects the dynamic capacity of a buyer–supplier relationship to absorb external shocks and continue its core function of exchange. Guided by structural inertia theory (SIT), the research explores how relationship age, exchange volume, and multiplexity contribute to ...
Jordan M. Barker +2 more
wiley +1 more source
ABSTRACT This study considers consumers' environmental awareness of polluting firms' managerial delegation contracts and compares the effects of committed and time‐consistent emission tax policies. It reveals that when environmental performance (EP) incentives prevail, sales performance (SP) incentives depend on the emission tax type and competition ...
Lili Xu, Yuntong Yin, Sang‐Ho Lee
wiley +1 more source

