Results 81 to 90 of about 3,043,182 (218)

Application of game theory and new institutional economics in establishing a National Voluntary Organisation for Professional Evaluation in Nigeria

African Evaluation Journal, 2017
Background: In Nigeria, there is a plethora of evaluators found in the over 90 universities, specialised educational institutions and private research organisations.
Denis Jobin, Zachary Lawal
doaj   +1 more source

Strong Berge and Pareto Equilibrium Existence for a Noncooperative Game [PDF]

In this paper, we study the main properties of the strong Berge equilibrium which is also a Pareto efficient (SBPE) and the strong Nash equilibrium (SNE).
Moussa Larbani, Rabia Nessah, Tarik Tazdaït   +2 more
core  

Strategic Stake Acquisitions in Rival Firms: Common vs. Cross‐Ownership

The Journal of Industrial Economics, EarlyView.
ABSTRACT We study how a blockholder who controls a firm should acquire a minority stake in a rival: directly, creating common ownership, or indirectly through the controlled firm, creating cross‐ownership. Common ownership generates stronger internalization of competitive externalities and allows the blockholder to capture the resulting gains without ...
Vincenzo Denicolò, Fausto Panunzi
wiley   +1 more source

Approximate social nash equilibria and applications [PDF]

In this paper, a concept of approximate social Nash equilibria is considered and an existence result is given when the strategic spaces of the players are not compact. These have been obtained using an approximate fixed point theorem.
Vincenzo Scalzo
core  

Privatization Under Political Ties

The Journal of Industrial Economics, EarlyView.
ABSTRACT I study a product differentiation model with endogenous entry where a politically connected public firm competes with a private one. Consumers are heterogeneous in their willingness to pay. I argue that—because of political ties—the public firm may mimic the preferences of the consumer with the median willingness to pay.
Matteo Broso
wiley   +1 more source

Game-theoretical approach to minimum entropy productions in information thermodynamics

Physical 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

Data Sharing in Hybrid Marketplaces With Endogenous Fee Setting

The Journal of Industrial Economics, EarlyView.
ABSTRACT We study a hybrid marketplace where a vertically integrated platform competes with a seller, who pays the platform a transaction fee, in a horizontally differentiated downstream market. The platform has a data advantage that allows it to price discriminate against consumers and can choose to share such data with the seller. First, in a setting
Federico Navarra, Flavio Pino, Luca Sandrini   +2 more
wiley   +1 more source

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.
Rabia Nessah, Tarik Tazdaït, Pierre Courtois   +2 more
core  

Welfare implications of fair and accountable insurance pricing

Journal of Risk and Insurance, EarlyView.
Abstract This paper introduces an empirical framework to evaluate the welfare implications of fair and accountable insurance pricing by modeling the complete pricing process, including demand and price optimization. Moving beyond traditional cost modeling, we analyze both discrimination‐related fairness criteria and broader regulatory constraints, such
Fei Huang, Hajime Shimao
wiley   +1 more source

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

Applied 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, Yangjia Lin, Fuzhang Wu, Lei Chen   +3 more
doaj   +1 more source