Results 181 to 190 of about 142,240 (236)

Casus Belli

open access: yesKyklos, EarlyView.
ABSTRACT This article proposes that wars are fought to bring about and monitor mutual reductions of overinvestment in broadly defined military preparedness. If two potential combatants are overinvested in military preparedness, it is in their individual interest to scale down in order to use their resources in politically more desirable ways.
Mats Ekman
wiley   +1 more source

Macroscopic Market Making Games

open access: yesMathematical Finance, EarlyView.
ABSTRACT Building on the macroscopic market making framework as a control problem, this paper investigates its extension to stochastic games. In the context of price competition, each agent is benchmarked against the best quote offered by the others. We begin with the linear case.
Ivan Guo, Shijia Jin
wiley   +1 more source

Order Routing and Market Quality: Who Benefits From Internalization?

open access: yesMathematical Finance, EarlyView.
ABSTRACT Does retail order internalization benefit (via price improvement) or harm (via reduced liquidity) retail traders? To answer this question, we compare two market designs that differ in their mode of liquidity provision: In the setting capturing retail order internalization, liquidity is provided by market makers (wholesalers) competing for the ...
Umut Çeti̇n, Albina Danilova
wiley   +1 more source

Maximal Differentiation or Minimal Differentiation? Signal Jamming in Location Competition in Duopoly

open access: yesThe Manchester School, EarlyView.
ABSTRACT In this study, we argue that the result of maximal differentiation by d’Aspremont et al. (1979) is not robust against all variations in qualities. The result that two firms are located at opposite ends of a linear city holds only when the product qualities are identical or similar.
Sawoong Kang, Jeong‐Yoo Kim
wiley   +1 more source

Do expected utility maximizers have commitment issues?

open access: yesPhilosophy and Phenomenological Research, EarlyView.
Abstract Critics have argued that expected utility theory fails as a theory of rational choice for diachronic agents who expect their preferences to change in response to temptations. According to this criticism, such agents cannot rationally commit to executing a sequence of actions, even when doing so would produce outcomes they consistently prefer ...
Paul de Font‐Reaulx
wiley   +1 more source

On the Provision of International Public Goods in Dynamic Open Economies

open access: yesReview of International Economics, EarlyView.
ABSTRACT This study develops a dynamic two‐country model with an international public good, the stock of which positively affects the productivity of the private‐goods sectors in each country, and the evolution of the stock is determined by each country's voluntary contribution in the form of public investment. Two scenarios are examined: A cooperative
Akihiko Yanase
wiley   +1 more source

Estimating the gains from trade in frictional local labor markets

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract We develop a theory and an empirical strategy to estimate the welfare gains from trade in economies with frictional local labor markets. Our welfare formula nests standard market structures and adds an adjustment margin via the employment rate.
Germán Pupato, Ben Sand, Jeanne Tschopp
wiley   +1 more source

Optimal energy management of water networks under quality conditions

open access: yesInternational Transactions in Operational Research, Volume 33, Issue 2, Page 926-951, March 2026.
Abstract In the context of sustainability, which has become fundamental today, we aim to optimize (reduce) the energy consumption due to the use of pumps that bring water from all the different reservoirs to the nodes of the distribution network. The proposed model allows us, thanks to the use of smart meters and new 5G technologies, to determine the ...
Gabriella Colajanni   +2 more
wiley   +1 more source

Stakeholder‐Driven Consequence Modeling Employing Cross‐Impact Balance Scenario Analysis

open access: yesFUTURES &FORESIGHT SCIENCE, Volume 7, Issue 3, December 2025.
ABSTRACT Future research, including participatory research, can help to explore stakeholder perspectives. This capability is observable in scenario methods such as the cross‐impact balance analysis that aggregates factors from which scenarios and further research opportunities are derivable.
Simon Brauner, Stefan Vögele
wiley   +1 more source

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