Results 131 to 140 of about 127,162 (255)
Order Routing and Market Quality: Who Benefits From Internalization?
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
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?
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
Unmanned Aerial Vehicle (UAV) swarm attack-defense scenarios have the characteristic of highly dynamic evolution, which consequently brings challenges for the existing decision-making methods.
Mengchu Tian +3 more
doaj +1 more source
On the Provision of International Public Goods in Dynamic Open Economies
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
Optimal energy management of water networks under quality conditions
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
Price Discrimination, Two‐Part Tariff, and Hold‐Up
ABSTRACT This study examines the impact of price discrimination on the investment decisions of downstream firms in an intermediate good market. The setting consists of two downstream firms with different marginal costs—one lower than the other—and a monopolistic supplier.
Daehong Min, Doojin Ryu
wiley +1 more source
A Detail-free Mediator and the 3 Player Case [PDF]
Two players can make use of a trusted third party who mediates and partially resolves their conflict. Usually, the mediator should be aware of the situation and give suggestions to the players accordingly.
Peter Vida
core
Mathematical Bio‐Economics 2.0 for Sustainable Fisheries
ABSTRACT Reconciling food security, economic development, and biodiversity conservation in the face of global changes is a major challenge. The sustainable uses of marine biodiversity in the context of climate change, invasive species, water pollution, and demographic growth is an example of this bio‐economic challenge. There is a need for quantitative
L. Doyen +22 more
wiley +1 more source
This study developed an automated Tsetse fly sex identification and classification system using CNN‐driven mobile imaging and compared the performance of YOLOv8 and YOLO11 through a performance matrix and statistical analysis involving paired t‐tests and McNemar's test.
Wegene Demisie Jima +5 more
wiley +1 more source

