Results 61 to 70 of about 235,291 (244)
The time-preference Nash solution [PDF]
We give an axiomatic characterization of the Time-Preference Nash Solution, a bargaining solution that is applied when the underlying preferences are defined over streams of physical outcomes.
Eyal Winter, Nir Dagan, Oscar Volij
core +2 more sources
Bertrand Game with Nash Bargaining Fairness Concern
Complexity, 2019 The classical Bertrand game is assumed that players are perfectly rational. However, many empirical researches indicate that people have bounded rational behavior with fairness concern, which is important in the two-person game and has attracted much ...
Wentao Yi, Chunqiao Tan
doaj +1 more source
From Bargaining Solutions to Claims Rules: A Proportional Approach
Games, 2015 Agents involved in a conflicting claims problem may be concerned with the proportion of their claims that is satisfied, or with the total amount they get.
José-Manuel Giménez-Gómez +2 more
doaj +1 more source
The Economic History Review, EarlyView.Abstract The 1430s were characterized by extreme weather conditions, food and fodder shortages, and high mortalities among animals and humans, although the severity of events and their consequences in England have received limited attention. The economic downturn and the depressed customary land market in this decade marked the beginning of the Great ...
Mark Bailey
wiley +1 more source
Bargaining Power Choices with Moral Hazard in a Supply Chain
Discrete Dynamics in Nature and Society, 2018 A supply chain contract is established using a dynamic, Nash bargaining game which determines the optimal bargaining power allocation for the manufacturer, retailer, and society in an environment affected by moral hazard and irreversible investment.
Hongmei Guo, Shuiliang Gu, Yingsheng Su
doaj +1 more source
The Interaction Between Credit and Labor Market Frictions
International Economic Review, EarlyView.ABSTRACT I study a novel two‐way feedback between credit and labor market frictions. Running from credit to labor markets, amplitude in capital demand caused by collateral constraints spills over onto labor demand due to the complementarity of capital and labor; and, furthermore, credit frictions raise effective financial hiring costs, prompting firms ...
Yulia Moiseeva
wiley +1 more source
The Decentralization of Liquor Policies in Texas During the Post‐Prohibition Era
International Economic Review, EarlyView.ABSTRACT We examine the decentralization of liquor policies in Texas during the Post‐Prohibition era using newly collected historical legislative roll call data. By combining these data with local referendum vote shares, we analyze both legislators' and constituents' preferences on liquor policy.
Andrew Arnold, Holger Sieg
wiley +1 more source
How Does Progressivity Affect the Tax Cut Multiplier?
International Economic Review, EarlyView.ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
The Dynamics of Gender Norms and Fertility Decline
International Economic Review, EarlyView.ABSTRACT This paper models fertility as the outcome of gender‐biased technological progress interacting with endogenous social norms governing childcare. When rising female wages outpace norm adjustment, the inherited norm makes reallocating childcare toward fathers costly, so mothers bear a disproportionate burden and the shadow price of children ...
Xican Xi, Anson Zhou
wiley +1 more source
Nash equilibria in optimal reinsurance bargaining
Insurance: Mathematics and Economics, 2020 22 pages, 3 ...
Michail Anthropelos, Tim J. Boonen
openaire +3 more sources