Results 91 to 100 of about 73,159 (198)

An Application of Nash-Moser Theorem to Smooth Solutions of One-Dimensional Compressible Euler Equation with Gravity [PDF]

open access: yes, 2012
We study one-dimensional motions of polytropic gas governed by the compressible Euler equations. The problem on the half space under a constant gravity gives an equilibrium which has free boundary touching the vacuum and the linearized approximation at ...
Hsu, Cheng-Hsiung   +3 more
core  

One‐Way Versus Two‐Way Postacquisition Integration Efforts: Theory and Evidence

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT We develop a theory of postacquisition integration that distinguishes between one‐way (acquirer‐only) and two‐way (mutual) effort strategies. We argue that the method of payment—cash versus shares—may serve as an ex ante commitment mechanism to a particular integration strategy, where cash deals align with unilateral effort, and share deals ...
Albert Banal‐Estañol   +3 more
wiley   +1 more source

Game-theoretic perspective of Ping-Pong Protocol

open access: yes, 2018
We analyse Ping-Pong protocol from the point of view of a game. The analysis helps us in understanding the different strategies of a sender and an eavesdropper to gain the maximum payoff in the game. The study presented here characterizes strategies that
Kaur, Hargeet, Kumar, Atul
core   +1 more source

We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny   +2 more
wiley   +1 more source

Game-theoretical approach to minimum entropy productions in information thermodynamics

open access: yesPhysical Review Research
In a situation where each player has control over the transition probabilities of each subsystem, we game-theoretically analyze the optimization problem of minimizing both the partial entropy production of each subsystem and a penalty for failing to ...
Yuma Fujimoto, Sosuke Ito
doaj   +1 more source

How to play the games? Nash versus Berge behavior rules [PDF]

open access: yes
Social interactions regularly lead to mutually beneficial transactions that are sometimes puzzling. The prisoner’s dilemma and the chicken and trust games prove to be less perplexing than Nash equilibrium predicts.
Pierre Courtois   +2 more
core  

Tariffs and Foreign Direct Investment in a Dynamic North–South Model

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper examines how import tariffs by a developed country (the North) and a developing country (the South) affect innovation and foreign direct investment (FDI) using a quality ladder model. We show that a Northern import tariff raises the relative wage of Northern labor, but impedes innovation and FDI. This may worsen Northern welfare. By
TATSURO IWAISAKO, HITOSHI TANAKA
wiley   +1 more source

Subsidy and Pricing Model of Electric Vehicle Sharing Based on Two-Stage Stackelberg Game – A Case Study in China

open access: yesApplied Sciences, 2019
Electric vehicle sharing provides an effective way to improve the traffic situation and relieve environmental pressure. The government subsidy policy and the car-sharing operator’s pricing strategy are the key factors that affect the large-scale ...
Jun Yang   +3 more
doaj   +1 more source

Innovation, Licensing, and Competition: Evidence From Genetically Engineered Crops

open access: yesThe Journal of Industrial Economics, EarlyView.
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

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

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