Results 41 to 50 of about 2,111 (192)

Pharmaceutical Pricing and R&D as a Global Public Good

open access: yesHealth Economics, EarlyView.
ABSTRACT This paper examines the international variation in the prices of branded pharmaceuticals. We consider short‐run profits, or quasi‐rents, as representing each country's contribution toward the global public good of therapeutic information embodied in new pharmaceuticals.
H. E. Frech III   +3 more
wiley   +1 more source

Optimal Choice of Enterprise’s Production Strategy under Constraints of Carbon Quota

open access: yesInternational Journal of Computational Intelligence Systems, 2018
After analyzing the enterprise’s production strategy under the constraints of carbon quota, this paper proposes new mathematical models aiming for the optimal choice of enterprise’s production strategy under the monopoly and competitive environments ...
Xiping Zheng   +3 more
doaj   +1 more source

Tactical and Strategic Risks From Supply Disruptions in Competing Supply Chains

open access: yesNaval Research Logistics (NRL), EarlyView.
ABSTRACT Supply chain disruptions can lead to both tactical (i.e., loss of short‐term sales during a disruption) and strategic (i.e., loss of long‐term market share) consequences. We model the impact of a supply disruption on competing supply chains in which two firms compete for a limited backup supply.
Akhil Singla   +3 more
wiley   +1 more source

Dynamic Game for Strategy Selection in Hardware Trojan Attack and Defense

open access: yesIEEE Access, 2020
The offshore outsourcing introduces serious threats to semiconductor suppliers and integrated circuit(IC) users for the possibility of hardware trojans (HTs).
Daming Yang, Cheng Gao, Jiaoying Huang
doaj   +1 more source

Seeing like a citizen: Experimental evidence on how empowerment affects engagement with the state

open access: yesAmerican Journal of Political Science, EarlyView.
Abstract Building a strong and effective state requires revenue. Yet, in many low‐income countries, citizens do not make formal payments to the state or forego engaging with the state altogether due to vulnerability to opportunistic demands by state agents. We study two randomized interventions in Kinshasa, Democratic Republic of the Congo, designed to
Soeren J. Henn   +4 more
wiley   +1 more source

Applied theory makeovers

open access: yesEconomica, EarlyView.
Abstract I argue that economists' distinction between ‘pure’ and ‘applied’ economic theory is often based on papers' stylistic markers rather than their methodology or scope. I illustrate this point with a model of price competition for boundedly rational consumers, due to Piccione and Spiegler. I first present its original, ‘pure style’ version.
Ran Spiegler
wiley   +1 more source

Pure Bayesian Nash Equilibria for Bayesian Games with Multidimensional Vector Types and Linear Payoffs

open access: yesGames
In this work, we study n-agent Bayesian games with m-dimensional vector types and linear payoffs, also called linear multidimensional Bayesian games. This class of games is equivalent with n-agent, m-game uniform multigames.
Sébastien Huot, Abbas Edalat
doaj   +1 more source

Payoff Shares in Two-Player Contests

open access: yesGames, 2016
In imperfectly discriminating contests with symmetric valuations, equilibrium payoffs are positive shares of the value of the prize. In contrast to a bargaining situation, players’ shares sum to less than one because a residual share of the value is lost
Samuel Häfner, Georg Nöldeke
doaj   +1 more source

Political Partisanship and State‐Level Bank Efficiency

open access: yesFinancial Review, EarlyView.
ABSTRACT We examine the relationship between political partisanship and commercial bank efficiency in the United States from 1972 to 2020, assessing the persistent influence of political affiliations at the state and District of Columbia levels. Bank efficiency scores are estimated using a double‐bootstrap approach, and the analysis is conducted within
Jeremy Eng‐Tuck Cheah   +3 more
wiley   +1 more source

Pairwise Imitation and Tournament Graphs

open access: yesInternational 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

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