Results 101 to 110 of about 235,291 (244)
In this paper we provide an exact non-cooperative foundation of the Nash solution via a unique (weakly) subgame perfect equilibrium payoff vector in a two-person bargaining game, which is a modification of the well-known alternate offer game by ...
Papatya Duman, Walter Trockel
doaj +1 more source
Nash Bargaining Approach for Fair and Efficient LTE–WiFi Aggregation
As the demand for mobile traffic is growing, radio frequency bandwidths often become insufficient for guaranteeing specific performance. Utilizing unlicensed 5 GHz broadband bandwidths, the LWA system enables the synergistic use of LTE and WiFi systems ...
Dohoon Kim, Keunhee Lee, Jae-Hoon Kim
doaj +1 more source
Two-stage Bargaining Solutions [PDF]
We introduce and characterize a new class of bargaining solutions: those which can be obtained by sequentially applying two binary relations to eliminate alternatives.
Paola Manzini, Marco Mariotti
core
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
Energy market and the entities involved. ABSTRACT This paper presents a comprehensive and systematic review of the Incentive‐Based Demand Response (IBDR) program, highlighting its development, design, and implementation in modern Renewable Energy (RE)‐based hierarchical Energy Markets (EMs). The study categorizes the existing body of research into four
Sheikh Suhaib Gul +3 more
wiley +1 more source
To address the challenges of renewable energy curtailment under normal conditions and severe power outages under extreme scenarios, this paper proposes a hydrogen-integrated comprehensive energy system (H-IES) configuration method aimed at enhancing the ...
Song Zhang +5 more
doaj +1 more source
Virtual bargaining : a theory of social decision-making [PDF]
An essential element of goal-directed decision-making in social contexts is that agents’ actions may be mutually interdependent. However, the most well-developed approaches to such strategic interactions, based on the Nash equilibrium concept in game ...
Misyak, Jennifer B., Chater, Nick
core +1 more source
Mergers in the Presence of Adverse Selection
ABSTRACT In the presence of adverse selection, mergers can increase welfare through a reduction in inefficient sorting. I characterize the sorting externality internalized between merging firms in a tractable discrete choice model. Mergers benefit consumers when the firms are small, willingness to pay is moderately increasing in cost, and consumer ...
Conor Ryan
wiley +1 more source
Continuum Nash bargaining solutions
Abstract We compute a mean field limit of Nash bargaining solutions with agents chosen from a smooth probability density and with utility determined by the negative exponential of a cost function. When the cost function has the property that Kantorovich potentials are unique, we show that both at finite stages and
openaire +3 more sources
The Incidence of Coarse Certification: Evidence From the ENERGY STAR Program
ABSTRACT A coarse certification provides simple but incomplete information. Its rationale is to help consumers trade off dimensions of quality that are complex and lack salience. In imperfectly competitive markets, it may induce excess bunching at the certification requirement, crowd out quality, and facilitate price discrimination. Who will ultimately
Sébastien Houde
wiley +1 more source

