Results 71 to 80 of about 73,357 (196)
The impact of advertising in a duopoly model [PDF]
We investigate the impact of advertising in a simple static differentiated duopoly model. First, we consider the Nash equilibrium of the situation in which the duopolistic firms compete simultaneously with two instruments, i.e.
Kooreman, Peter, Schoonbeek, Lambert
core +1 more source
An Application of Nash-Moser Theorem to Smooth Solutions of One-Dimensional Compressible Euler Equation with Gravity [PDF]
, 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
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Pairwise Imitation and Tournament Graphs
International Economic Review, EarlyView.ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
How to use Rosen's normalised equilibrium to enforce a socially desirable Pareto efficient solution [PDF]
We consider a situation, in which a regulator believes that constraining a complex good created jointly by competitive agents, is socially desirable. Individual levels of outputs that generate the constrained amount of the externality can be computed as ...
Jacek B. Krawczyk, Mabel Tidball
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Inter‐disciplinary perspectives on sustainability in machinery manufacturing
International Journal of Management Reviews, EarlyView.Abstract Perspectives on economic, social and environmental sustainability in machinery manufacturing are changing. These are predominantly driven by increased consumer, firm and public knowledge on the importance of sustainability and the role that machinery manufacturers can play to achieve sustainability outcomes.
Oluwaseun E. Olabode +5 more
wiley +1 more source
Cuadernos de Economía, 1996 ¿Cuál será el comportamiento de equilibrio de los agentes de más altos ante las amenzas de la subversión a sus vidas y a su patrimonio? En el contexto de un modelo de teoría de juegos, una de las dos estrategias que se discuten, pagar el "contrato de ...
Salazar Boris, Castillo María del Pilar
doaj
We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy
Journal 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
Public Transit Capacity and Users Choice: AnExperiment on Downs-Thomson Paradox [PDF]
We study the Downs-Thomson paradox, a situation where an additional road capacitycan cause an overall increase in transport generalized cost and therefore a decrease in welfarefor transport users.
Laurent Denant-Boemont, Sabrina Hammiche
core +3 more sources
How to play the games? Nash versus Berge behavior rules [PDF]
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
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Incentive and Signaling Effects of Bonus Payments: An Experiment in a Company
Journal of Economics &Management Strategy, EarlyView.ABSTRACT Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is limited as their use may signal the prevalence of free‐riding among employees. This paper tests this hypothesis with an artefactual field experiment that assigns managers and employees from a large company to stylized roles ...
Marvin Deversi, Lisa Spantig
wiley +1 more source