Nash equilibrium of attack and defense behaviors between predators and prey. [PDF]
Ichijo H, Kawamura Y, Nakamura T.
europepmc +1 more source
ABSTRACT We develop a unified theory of blockholder governance and the voting premium in a setting without takeovers or controlling shareholders. A voting premium emerges when a minority blockholder can influence shareholder composition by accumulating votes and buying shares from dissenting shareholders.
DORON LEVIT, NADYA MALENKO, ERNST MAUG
wiley +1 more source
Innovation, Licensing, and Competition: Evidence From Genetically Engineered Crops
ABSTRACT We provide a novel empirical analysis of the role of technology licensing, between competitors, for genetically engineered (GE) traits in the US seed industry. We extend the standard differentiated‐product Bertrand pricing model to include trait licensing, which permits us to recover marginal costs and (otherwise unobserved) royalty rates ...
GianCarlo Moschini, Edward D. Perry
wiley +1 more source
Multi-resource constrained elective surgical scheduling with Nash equilibrium toward smart hospitals. [PDF]
Xue J, Li Z, Zhang S.
europepmc +1 more source
The Determinants of Negotiated Pharmaceutical Prices
ABSTRACT We focus on the determinants of pharmaceutical drug prices. Using data from the Brazilian pharmaceutical market, we find large variations in drug prices across buyers, drug classes, and time periods. Our estimation results provide evidence that transaction‐specific determinants between buyers and sellers (e.g., transaction volume, buyer's ...
Ralph B. Siebert +2 more
wiley +1 more source
Distributed nash equilibrium seeking for heterogeneous second-order nonlinear noncooperative games with communication delays. [PDF]
Yu R, Li L, Wang Q, Zhang X, Lu S.
europepmc +1 more source
Welfare implications of fair and accountable insurance pricing
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
The Impact of TikTok on Elections: (Mis)information and Regulatory Challenges
ABSTRACT TikTok's algorithm‐driven feed is reshaping electoral communication, yet a clear understanding of its effects is lacking. This study synthesizes and appraises evidence on how the platform's design and governance shape political (dis)information and may affect electoral dynamics.
Michele Giuseppe Giuranno +1 more
wiley +1 more source
A Differential Evolution Algorithm Based on Nikaido-Isoda Function for Solving Nash Equilibrium in Nonlinear Continuous Games. [PDF]
He F, Zhang W, Zhang G.
europepmc +1 more source
The Optimal Bribe: Price Versus Quantity Competition in Oligopolies
ABSTRACT We analyze an entry deterrence model between an incumbent firm and a potential entrant, where the incumbent strategically offers bribes to local officials to raise entry barriers. Our focus is a three‐stage Bertrand game under incomplete information in a differentiated goods market.
Vishavdeep Sharma +1 more
wiley +1 more source

