Results 191 to 200 of about 1,067,568 (299)
Mathematical Finance, EarlyView.ABSTRACT We study a dynamic portfolio optimization problem under the mean–variance–variance (M‐V‐V) criterion proposed by Maccheroni et al. It is an analogue of the Arrow–Pratt approximation to the well‐known smooth ambiguity model. Under the standard Black–Scholes framework, we derive fully explicit equilibrium investment strategies in which a DM's ...
David Landriault, Bin Li, Yuanyuan Zhang
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
Employee Fraud and the Statute of Limitations in a Search and Matching Model
The Manchester School, EarlyView.ABSTRACT This paper integrates employee fraud into a Mortensen‐Pissarides search and matching model to analyze labor market dynamics under imperfect legal enforcement. We introduce a time‐dependent punishment structure where the offender's effective liability is governed by the statute of limitations. We characterize both short‐ and long‐run equilibria,
Mauricio Benegas, José Freire Júnior
wiley +1 more source
A Threshold‐Price Approach to Oligopolistic Competition: A Resolution to the Bertrand Paradox
The Manchester School, EarlyView.ABSTRACT In homogeneous‐product markets, changing a price does more than alter a firm's profit margin: it may also determine which competitors can profitably remain active. This paper develops a new static theory of price competition based on this observation.
N. Túñez‐Area
wiley +1 more source
Firms' Payoffs in a Bertrand‐Edgeworth Game Under Triopoly
Metroeconomica, EarlyView.ABSTRACT This paper studies Bertrand‐Edgeworth competition among firms producing a homogeneous commodity under efficient rationing and constant (and identical across firms) marginal cost until full capacity utilization is reached. The focus is on the equilibrium payoffs under triopoly when the demand function is defined on the set of the non‐negative ...
Massimo A. De Francesco, Neri Salvadori
wiley +1 more source
Periodontitis and metabolic dysfunction‐associated steatotic liver disease
Periodontology 2000, EarlyView.Abstract Objective Periodontitis is a chronic inflammatory disease with systemic effects that extend beyond the oral cavity and contribute to systemic immune and metabolic dysregulation. Chronic liver diseases, particularly metabolic dysfunction‐associated steatotic liver disease (MASLD) and its progressive phenotypes, have emerged as major global ...
Rafael Scaf de Molon +6 more
wiley +1 more source
Economic Governance and Institutional Design
Regulation &Governance, EarlyView.ABSTRACT How should institutions be designed to achieve compliance with behavioral rules, including laws, social norms, religious rules, or cultural traditions? This conceptual paper introduces a typology of economic governance institutions and explains how it can be used both by policy makers, administrators, and researchers in all social sciences to ...
Jens Prüfer
wiley +1 more source
Efficient Nash Equilibrium Resource Allocation Based on Game Theory Mechanism in Cloud Computing by Using Auction. [PDF]
PLoS One, 2015 Nezarat A, Dastghaibifard GH.
europepmc +1 more source
The Scandinavian Journal of Economics, EarlyView.Abstract We analyse the general equilibrium implications of introducing a universal basic income (UBI) for employment and income in an economy characterized by involuntary unemployment. Our framework allows tax revenues and workers' reservation wages to adjust endogenously with employment to satisfy the government's budget constraint.
Marta Aloi, Teresa Lloyd‐Braga
wiley +1 more source
The Scandinavian Journal of Economics, EarlyView.Abstract In many environmental problems, emissions are hard to monitor and abatement costs are privately known. We study how efficient abatement nevertheless can be induced through market‐like arrangements that condition transfers on verifiable abatement rather than on measured emissions.
Jens Gudmundsson +2 more
wiley +1 more source