Results 121 to 130 of about 137,871 (221)

WHAT IS...Nash Equilibrium?

open access: yesNotices of the American Mathematical Society, 2016
Sethi, Rajiv, Weibull, Jörgen W.
openaire   +2 more sources

A Systematic Literature Review on Auction Mechanisms: Insights From the Last Decade and Future Directions

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This study reports the results of a systematic literature review on auctions mechanism. Auctions are a very popular practice employed in many fields but does not exist a research that investigates the use of auctions under a cross‐disciplinary approach. This work is focused on analyzing which are the areas where auctions are mostly adopted and
Alberto Michele Felicetti   +3 more
wiley   +1 more source

Creating Controversy in Proxy Voting Advice

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We analyze how a profit‐maximizing proxy advisor designs vote recommendations and research reports. The advisor benefits from producing informative, unbiased reports, but only partially informative recommendations, biased against the a priori likely alternative.
ANDREY MALENKO   +2 more
wiley   +1 more source

Patentability Requirements and the Direction of Innovation

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We model a duopolistic game where firms first choose the direction of their innovation, then invest in the chosen direction, and finally, compete in the product market. Investments occur either in overlapping or non‐overlapping territories. We show that, in the presence of a generous patent regime that allows the protection of innovations of ...
Fabio M. Manenti, Luca Sandrini
wiley   +1 more source

Assigning Default Position for Digital Goods: Competition, Regulation, and Welfare

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We analyze alternative ways to assign the default position for digital goods like search engines. When two competing firms vie for the default through bidding, the higher‐quality firm typically wins but delivers lower utility than the rival due to heightened monetization from exploiting consumer switching costs.
Yongmin Chen, Marius Schwartz
wiley   +1 more source

Complementary Inputs, Mutual Outsourcing, and Supplier Encroachment

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT Final goods are typically produced using multiple complementary inputs. We examine the incentives and implications of supplier encroachment incorporating this fact and allowing for the possibility of mutual outsourcing between the encroached supplier and the incumbent.
Chrysovalantou Milliou   +1 more
wiley   +1 more source

High embankment slope stability prediction using data augmentation and explainable ensemble learning

open access: yesComputer-Aided Civil and Infrastructure Engineering, EarlyView.
Abstract The stability of embankment slopes for heavy‐haul railway foundations is essential for safe railway operations. Railway embankment slope stability datasets often rely on engineering judgment for analysis. The labor‐ and resource‐intensive processes of data preparation result in small dataset sizes.
Zongyu Zhang   +8 more
wiley   +1 more source

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