Results 121 to 130 of about 127,162 (255)
Tariffs and Foreign Direct Investment in a Dynamic North–South Model
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
Abstract Inspired by the work of Carmen Diana Deere, this paper examines how an analysis of the work of rural production, even when gendered, is compromised if it does not incorporate reproductive labour. The paper presents estimates of the gender yield gap in agricultural crop productivity in Tanzania, along with the statistical causes of the gender ...
A. Haroon Akram‐Lodhi
wiley +1 more source
Mechanisms for Belief Elicitation Without Ground Truth
ABSTRACT This review article examines the challenge of eliciting truthful information from multiple individuals when such information cannot be verified, a problem known as “information elicitation without verification.” This article reviews over 25 mechanisms designed to incentivize truth‐telling in such scenarios and their effectiveness in empirical ...
Niklas Valentin Lehmann
wiley +1 more source
On the Adjudication of Conflicting Claims: An Experimental Study [PDF]
This paper reports an experimental study on three well-known solutions for problems of adjudicating conflicting claims: the constrained equal awards, the proportional, and the constrained equal losses rules.
Carmen Herrero +2 more
core
Bounding Rationality by Discounting Time [PDF]
Consider a game where Alice generates an integer and Bob wins if he can factor that integer. Traditional game theory tells us that Bob will always win this game even though in practice Alice will win given our usual assumptions about the hardness of ...
Fortnow, Lance, Santhanam, Rahul
core +4 more sources
Upward Pricing Pressure in Mergers Where Prices Are Determined Through Joint Bargaining
ABSTRACT We develop an upward pricing pressure metric for evaluating mergers when prices are negotiated through bilateral bargaining. Our framework is based on deriving the marginal cost reduction required to just offset a price increase due to a horizontal merger in a Nash‐in‐Nash bargaining equilibrium assuming suppliers negotiate with buyers using ...
Keith Brand, Christopher V. Lau
wiley +1 more source
Competition With Limited Attention to Quality Differences
ABSTRACT I analyze the implication of consumers' limited attention to quality differences on market outcomes and welfare. I model this limited attention with a perception threshold, that is, consumers only perceive quality differences between goods that exceed their perception threshold.
Stefanie Y. Schmitt
wiley +1 more source
The Analysis of the Behavior of Generators in the Two-Level Market Model of Functioning of the EPS
Electricity market model of interaction between producers (Generation Companies – GC) and System Operator (SO) is considered. We analyze the situation when power producers try to increase their profit distorting their technical parameters.
N. Dresvyanskaya
doaj
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
Sade Hareketli Diferansiyel Oyunlarda Stackelberg ve Nash Denge Durumları
Çalışmada sade hareketli pozisyon diferansiyel oyunlar ele alınmıştır. Oyuncuların amaç (veya maliyet) fonksiyonları terminaldir (yani, hareketin son zamandaki durumunun fonksiyonudur). Önce Stackelberg çözümleri (Yu. B. Germeyyer’in hiyerarşi oyunları) incelenmiştir. Böyle çözümlerin varlığı gösterilmiş , yapısı açıklanmış ve çözümlerin bulunması için
openaire +1 more source

