Results 131 to 140 of about 10,823 (257)

On Nash Equilibrium and Evolutionarily Stable States That Are Not Characterised by the Folk Theorem. [PDF]

PLoS One, 2015
Li J, Kendall G.
europepmc   +1 more source

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

Nash equilibrium of attack and defense behaviors between predators and prey. [PDF]

PLoS Comput Biol
Ichijo H, Kawamura Y, Nakamura T.
europepmc   +1 more source

Welfare implications of fair and accountable insurance pricing

Journal of Risk and Insurance, EarlyView.
Abstract This paper introduces an empirical framework to evaluate the welfare implications of fair and accountable insurance pricing by modeling the complete pricing process, including demand and price optimization. Moving beyond traditional cost modeling, we analyze both discrimination‐related fairness criteria and broader regulatory constraints, such
Fei Huang, Hajime Shimao
wiley   +1 more source

A Differential Evolution Algorithm Based on Nikaido-Isoda Function for Solving Nash Equilibrium in Nonlinear Continuous Games. [PDF]

PLoS One, 2016
He F, Zhang W, Zhang G.
europepmc   +1 more source

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

Multi-resource constrained elective surgical scheduling with Nash equilibrium toward smart hospitals. [PDF]

Sci Rep
Xue J, Li Z, Zhang S.
europepmc   +1 more source

Random Carbon Tax Policy and Investment Into Emission Abatement Technologies

Mathematical Finance, EarlyView.
ABSTRACT We analyze the problem of a profit‐maximizing electricity producer, subject to carbon taxes, who decides on investments into CO2$\rm CO_2$ abatement technologies. We assume that the carbon tax policy is random and that the investment in the abatement technology is divisible, irreversible, and subject to transaction costs.
Katia Colaneri, Rüdiger Frey, Verena Köck   +2 more
wiley   +1 more source

Distributed nash equilibrium seeking for heterogeneous second-order nonlinear noncooperative games with communication delays. [PDF]

Sci Rep
Yu R, Li L, Wang Q, Zhang X, Lu S.
europepmc   +1 more source

Relative Arbitrage Opportunities With Interactions Among N Investors

Mathematical Finance, EarlyView.
ABSTRACT The relative arbitrage portfolio outperforms a benchmark portfolio over a given time‐horizon with probability one. With market price of risk processes depending on the market portfolio and investors, this paper analyzes the multi‐agent optimization of relative arbitrage opportunities in the coupled system of market and wealth dynamics.
Tomoyuki Ichiba, Nicole Tianjiao Yang
wiley   +1 more source