Results 91 to 100 of about 3,043,182 (218)
Uniform payoff security and Nash equilibrium in metric games [PDF]
We introduce a condition, uniform payoff security, for games with separable metric strategy spaces and payoffs bounded and measurable in players' strategies. We show that if any such metric game G is uniformly payoff secure, then its mixed extension G is
Paulo Klinger Monteiro +1 more
core
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 +3 more
wiley +1 more source
Implementation in Mixed Nash Equilibrium [PDF]
A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibrium outcomes coincides with the set of f-optimal alternatives at that preference profile.
Claudio Mezzetti, Ludovic Renou
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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
Optimal confrontation position selecting games model and its application to one-on-one air combat
Defence TechnologyIn the air combat process, confrontation position is the critical factor to determine the confrontation situation, attack effect and escape probability of UAVs.
Zekun Duan +4 more
doaj +1 more source
A COURNOT-BERTRAND MODEL USING VARIOUS PRODUCTS [PDF]
Annals of the University of Oradea: Economic Science, 2019 Imperfect competition represent a known issue on modern economic analysis. Monopoly case classical induce a worse solution for consumer side but in the oligopoly competition scenario it will be possible to obtain a solution close to perfect competition ...
RUSESCU Ciprian
doaj
The Nash Bargaining Solution vs. Equilibrium in a Reinsurance Syndicate [PDF]
We compare the Nash bargaining solution in a reinsurance syndicate to the competitive equilibrium allocation, focusing on uncertainty and risk aversion.
Aase, Knut K.
core
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
Driver’s lane selection model based on multi-player dynamic game
Advances in Mechanical Engineering, 2019 With a view to the background of Internet of Things, the vehicle group situation, especially the propensity of different drivers, and the corresponding vehicle types were given a comprehensive consideration on the basis of the factors which influence ...
Xiao-yuan Wang +5 more
doaj +1 more source
The (in)finite horizon open-loop Nash LQ Game: An application to EMU [PDF]
game theory;Nash equilibrium ...
Plasmans, J.E.J. +2 more
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