Results 71 to 80 of about 597 (192)

Strategic Stake Acquisitions in Rival Firms: Common vs. Cross‐Ownership

The Journal of Industrial Economics, EarlyView.
ABSTRACT We study how a blockholder who controls a firm should acquire a minority stake in a rival: directly, creating common ownership, or indirectly through the controlled firm, creating cross‐ownership. Common ownership generates stronger internalization of competitive externalities and allows the blockholder to capture the resulting gains without ...
Vincenzo Denicolò, Fausto Panunzi
wiley   +1 more source

Service selection approach for enhancing trustworthiness of Web service

Tongxin xuebao, 2011
Making use of the game theory,a model of service selection based on Nash bargaining solution was build,and an approach for enhancing Web service trustworthiness was proposed.A bargaining algorithm is designed between ser-vice sides of both complete ...
ZHAO Sheng-hui1, WU Guo-xin1, CHEN Gui-lin3, CHEN Hai-bao3   +3 more
doaj   +2 more sources

Contingent capital: A tale of two valuations

Journal of Risk and Insurance, EarlyView.
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai, Chien‐Ling Lo, You‐Jia Sun, Hao‐Han Chang   +3 more
wiley   +1 more source

Joint Channel and Power Allocation Based on Generalized Nash Bargaining Solution in Device-to-Device Communication

IEEE Access, 2019
In this paper, a new generalized Nash bargaining framework is proposed for joint channel and power allocation in device-to-device (D2D) communication underlying cellular networks.
Gang Wang, Tanhui Liu, Chenguang Zhao
doaj   +1 more source

Employee Fraud and the Statute of Limitations in a Search and Matching Model

The Manchester School, EarlyView.
ABSTRACT This paper integrates employee fraud into a Mortensen‐Pissarides search and matching model to analyze labor market dynamics under imperfect legal enforcement. We introduce a time‐dependent punishment structure where the offender's effective liability is governed by the statute of limitations. We characterize both short‐ and long‐run equilibria,
Mauricio Benegas, José Freire Júnior
wiley   +1 more source

The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission

Oxford Bulletin of Economics and Statistics, EarlyView.
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

Nash Bargaining-Based Cooperative Dispatch of Electric–Thermal–Hydrogen Multi-Microgrids Under Wind–Solar Uncertainty

Mathematics
This paper proposes a collaborative optimal scheduling strategy based on asymmetric Nash bargaining for the integrated electricity–heat–hydrogen multi-microgrid system, which can minimize the overall system operation cost while guaranteeing the dynamic ...
Wenyuan Yang, Tongwei Wu, Xiaojuan Wu, Jiangping Hu   +3 more
doaj   +1 more source

The computation of the Nash bargaining solution

Computers & Mathematics with Applications, 1989
An n-player decision problem is described by the decision set \(\Omega_ i\) and the objective functional \(J_ i:\) \(\Omega\) \(\to {\mathbb{R}}\) for any decision maker i, \(1\leq i\leq n\). Here \(\Omega =\Omega_ 1\times \Omega_ 2\times...\times \Omega_ n\) and further, let \((D_ 1,D_ 2,...,D_ n)\in {\mathbb{R}}^ n\) be the noncooperative Nash ...
Ehtamo, H., Ruusunen, J., Hämäläinen, R.P.   +2 more
openaire   +2 more sources

Against Proxy Optimization

Philosophy and Phenomenological Research, EarlyView.
ABSTRACT I discuss conditions under which maximizing a proxy utility function is harmful and suggest this poses problems for applying decision theory.
Sven Neth
wiley   +1 more source

Migrant Smuggling to Europe: A Two‐Sector Model With Directed Search

Review of International Economics, EarlyView.
ABSTRACT In the last decade, combating migrant smuggling has emerged as a top priority for the European Union (EU). An idiosyncratic feature of this market is its dual supply‐side organization, comprising a small number of criminal cartels and a large mass of self‐employed smugglers.
Claire Naiditch, Radu Vranceanu
wiley   +1 more source