Results 61 to 70 of about 5,277,294 (228)
Abstract This paper studies how litigation and settlement behaviour is affected by agents motivated by spiteful preferences under the American fee‐shifting rule compared to the English one. We conduct an experiment and find that litigation expenditures are overall higher under the English rule compared to the American rule—even for low‐merit cases ...
Wladislaw Mill, Jonathan Stäbler
wiley +1 more source
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
When do proxy advisors improve corporate decisions?
Abstract This paper studies the impact of proxy advisors on shareholder decision‐making. We posit two assumptions: (i) the board is at least as well informed as any individual shareholder; (ii) shareholders can condition their information acquisition on the proxy advisor's (PA) recommendation.
Berno Buechel +2 more
wiley +1 more source
On the Existence of Pure Strategy Nash Equilibria in Integer-Splittable Weighted Congestion Games
We study the existence of pure strategy Nash equilibria (PSNE) in integer–splittable weighted congestion games (ISWCGs), where agents can strategically assign different amounts of demand to different resources, but must distribute this demand in fixed ...
Polukarov, Maria +9 more
core +1 more source
Dynamic channel selection in unknown environment based on graphical game and multi-Q learning
For the problem of dynamic channel selection in unknown distributed environment without a priori knowledge and information exchange, multi-Q learning was proposed.
Fang-wei LI, Yong-chuan TANG, Jiang ZHU
doaj
Political Partisanship and State‐Level Bank Efficiency
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
Some first results for noncooperative pregames: social conformity and equilibrium in pure strategies [PDF]
We introduce the framework of noncooperative pregames and demonstrate that for all games with sufficiently many players, there exist approximate (E) Nash equilibria in pure strategies.
Wooders, Myrna Holtz +2 more
core
The existence and uniqueness of monotone pure strategy equilibrium in Bayesian games
This paper provides a sufficient condition for existence and uniqueness of equilibrium, which is in monotone pure strategies, in games of incomplete information.
Valentinyi, Ákos, Mason, Robin
core +1 more source
Optimal strategies and cost-benefit analysis of the $${\varvec{n}}$$ n -player weightlifting game
The study of cooperation has been extensively studied in game theory. Especially, two-player two-strategy games have been categorized according to their equilibrium strategies and fully analysed.
Diane Carmeliza N. Cuaresma +8 more
doaj +1 more source
The Interaction Between Credit and Labor Market Frictions
ABSTRACT I study a novel two‐way feedback between credit and labor market frictions. Running from credit to labor markets, amplitude in capital demand caused by collateral constraints spills over onto labor demand due to the complementarity of capital and labor; and, furthermore, credit frictions raise effective financial hiring costs, prompting firms ...
Yulia Moiseeva
wiley +1 more source

