Modeling energy depletion in rat livers using Nash equilibrium metabolic pathway analysis. [PDF]
Lucia A, Ferrarese E, Uygun K.
europepmc +1 more source
ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley +1 more source
An improved predator-prey particle swarm optimization algorithm for Nash equilibrium solution. [PDF]
Meng Y, He J, Luo S, Tao S, Xu J.
europepmc +1 more source
Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
ABSTRACT Pay‐TV firms compete both downstream to attract viewers and upstream to acquire broadcasting rights. Because profits inherited from downstream competition satisfy a convexity property, allocating rights to the dominant firm maximizes the industry profit.
David Martimort, Jerome Pouyet
wiley +1 more source
Network Structure and the Efficiency Gains from Mergers: Evidence from U.S. Freight Railroads
ABSTRACT The trade‐off between market power and efficiency gains is central to antitrust analyses of mergers, but empirical evidence quantifying efficiencies remains limited. Using transaction‐level data from U.S. freight railroads (1985–2005), this article quantifies merger‐induced cost efficiencies, driven mainly by eliminating inter‐railroad ...
Yanyou Chen
wiley +1 more source
Modeling of Collusion Behavior in the Electrical Market Based on Deep Deterministic Policy Gradient
The evolution of the electricity market has brought the issues of market equilibrium and collusion to the forefront of attention. This paper introduces the Deep Deterministic Policy Gradient (DDPG) algorithm on the IEEE three-bus electrical market model.
Yifeng Liu +5 more
doaj +1 more source
Necessary conditions for linear noncooperative N-player delta differential games on time scales
We present necessary conditions for linear noncooperative N-player delta dynamic games on a generic time scale. Necessary conditions for an open-loop Nash-equilibrium and for a memoryless perfect state Nash-equilibrium are proved.Comment: Partially ...
Martins, Natalia, Torres, Delfim F. M.
core +1 more source
Competitive diplomacy in bargaining and war
Abstract War is often viewed as a bargaining problem. However, prior to bargaining, countries can vie for leverage by expending effort on diplomacy. This article presents a dynamic model of conflict where agenda‐setting power is endogenous to pre‐bargaining diplomatic competition.
Joseph J. Ruggiero
wiley +1 more source
The Quality of Equilibria for Set Packing Games [PDF]
We introduce set packing games as an abstraction of situations in which $n$ selfish players select subsets of a finite set of indivisible items, and analyze the quality of several equilibria for this class of games.
de Jong, Jasper, Uetz, Marc
core +2 more sources
Seeing like a citizen: Experimental evidence on how empowerment affects engagement with the state
Abstract Building a strong and effective state requires revenue. Yet, in many low‐income countries, citizens do not make formal payments to the state or forego engaging with the state altogether due to vulnerability to opportunistic demands by state agents. We study two randomized interventions in Kinshasa, Democratic Republic of the Congo, designed to
Soeren J. Henn +4 more
wiley +1 more source

