Results 101 to 110 of about 10,823 (257)

Uniqueness of Nash equilibrium in vaccination games

Journal of Biological Dynamics, 2016
One crucial condition for the uniqueness of Nash equilibrium set in vaccination games is that the attack ratio monotonically decreases as the vaccine coverage level increasing.
Fan Bai
doaj   +1 more source

Bureaucrat assignments as instruments of political control: Theory and evidence from land administration officials in India

American Journal of Political Science, EarlyView.
Abstract This paper investigates how politicians use the assignment of officials to geographical posts—a personnel system found in many countries—as a system of incentives to control, and possibly corrupt, bureaucratic behavior. The argument is developed with a matching model and tested with a nationwide survey of Indian officials who administer land ...
Anustubh Agnihotri, Aditya Dasgupta, Devesh Kapur   +2 more
wiley   +1 more source

Yardstick competition under fiscal and administrative asymmetries: Rent‐seeking and local cooperation

Annals of Public and Cooperative Economics, EarlyView.
Abstract This paper develops a two‐period model to investigate how fiscal and bureaucratic asymmetries shape yardstick competition (YC), inter‐municipal cooperation (IMC), and rent‐seeking in local public service provision. Unlike previous approaches, we allow incumbents to invest in bureaucratic efficiency, influencing both service quality and ...
Antonio Cortese, Giuseppe Di Liddo, Andrea Morone   +2 more
wiley   +1 more source

Virtuous Organizations in the Age of AI: Relational Goods and Human Flourishing

Business Ethics, the Environment &Responsibility, EarlyView.
ABSTRACT The integration of AI‐based systems in everyday work has given rise to augmented organizations, transforming traditional work paradigms and prompting new research questions concerning augmented work processes and their related ethical issues. Drawing upon the practice‐institution framework proposed by Alasdair MacIntyre, integrated with Donati'
Francesco Vincenzo Giarmoleo, Pablo García Ruiz, Marta Rocchi, Ignacio Ferrero   +3 more
wiley   +1 more source

Lodge moraines: a common yet underreported end‐moraine type—a review

Boreas, EarlyView.
Lodge moraines are a distinct genetic type of end moraine formed by submarginal accretion of subglacial till; they are some of the largest end moraines in the world. Although underreported in the literature, they are of equal importance to push, dump and hummocky end moraines. End moraines are formed at glacier ice margins and show the extent of former
Mark D. Johnson, Jose Luis Antinao, Ívar Örn Benediktsson, David A. Grimley, Carrie E. Jennings, Henry M. Loope, Tom V. Lowell, David M. Mickelson, Peter L. Moore, Thomas A. Nash, J. Elmo Rawling III, Jamey Stutz   +11 more
wiley   +1 more source

Applied theory makeovers

Economica, EarlyView.
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

When do proxy advisors improve corporate decisions?

Economic Inquiry, EarlyView.
Abstract This paper studies the impact of proxy advisors on shareholder decision‐making. We posit two assumptions: (i) the board is at least as well informed as any individual shareholder; (ii) shareholders can condition their information acquisition on the proxy advisor's (PA) recommendation.
Berno Buechel, Lydia Mechtenberg, Alexander F. Wagner   +2 more
wiley   +1 more source

A Stochastic Discrete Fractional Cournot Duopoly Game: Modeling, Stability, and Optimal Control

Complexity
A stochastic discrete fractional Cournot duopoly game model with a unique interior Nash equilibrium is developed in this study. Some sufficient criteria of the Lyapunov stability in probability for the proposed model at the interior Nash equilibrium are ...
Jie Ran, Yonghui Zhou
doaj   +1 more source

Helicopter drops in an open economy when markets are incomplete

Economic Inquiry, EarlyView.
Abstract We characterize the spillover effects of helicopter drops and optimal monetary policy in a tractable two‐country overlapping generations model with incomplete markets. As helicopter drops can affect the distribution of income across countries, they create room for redistribution policies which are particularly relevant when agents are ...
Sara Eugeni
wiley   +1 more source

Political Partisanship and State‐Level Bank Efficiency

Financial Review, EarlyView.
ABSTRACT We examine the relationship between political partisanship and commercial bank efficiency in the United States from 1972 to 2020, assessing the persistent influence of political affiliations at the state and District of Columbia levels. Bank efficiency scores are estimated using a double‐bootstrap approach, and the analysis is conducted within
Jeremy Eng‐Tuck Cheah, Tapas Mishra, Sofia Johan, Thao Ngoc Nguyen   +3 more
wiley   +1 more source