Results 51 to 60 of about 2,427 (238)

UNIQUE NASH IMPLEMENTATION FOR A CLASS OF BARGAINING SOLUTIONS [PDF]

International Game Theory Review, 1999
The paper presents a method of supporting certain solutions of two-person bargaining games by unique Nash equilibria of associated games in strategic form. Among the supported solutions is the Kalai-Smorodinsky solution.
openaire   +3 more sources

Competition and payments to African chiefs on the Gold Coast during the slave trade, 1679‒1704

The Economic History Review, EarlyView.
Abstract The manuscript records of the Royal African Company show that the Company paid African chiefs for access to trade along the caravan routes on the Gold Coast in the seventeenth century. This paper documents and examines these payments. Using an event study, I establish that after the Glorious Revolution in 1688 when the Company's monopoly in ...
Jose Rowell Corpuz
wiley   +1 more source

Resolving water security conflicts in agriculture by a cooperative Nash bargaining approach

Agricultural Water Management
Water scarcity is increasingly driven by socio-economic dynamics, climate change, and population growth. Conflicts among water users, including states, complicate sustainable water management, necessitating collaborative solutions.
Shahmir Janjua, Duc-Anh An-Vo, Kathryn Reardon-Smith, Shahbaz Mushtaq   +3 more
doaj   +1 more source

Extreme weather and economic crisis in the 1430s in England, and the implications for tenurial change

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

Pairwise Imitation and Tournament Graphs

International Economic Review, EarlyView.
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, Philip R. Neary, Jonathan Newton, Ryoji Sawa   +3 more
wiley   +1 more source

A Strategic Bargaining Game for a Spectrum Sharing Scheme in Cognitive Radio-Based Heterogeneous Wireless Sensor Networks

Sensors, 2017
In Wireless Sensor Networks (WSNs), unlicensed users, that is, sensor nodes, have excessively exploited the unlicensed radio spectrum. Through Cognitive Radio (CR), licensed radio spectra, which are owned by licensed users, can be partly or entirely ...
Yuxing Mao, Tao Cheng, Huiyuan Zhao, Na Shen   +3 more
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

Nash bargaining and agricultural co-operatives [PDF]

, 2004
Edward Oczkowski develops the generalised Nash bargaining solution for a bargaining co-operative selling its raw output to a single processor. Three assumptions for co-operative member behaviour are examined: profit maximisation, co-operative surplus ...
Edward Oczkowski
core  

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