Results 61 to 70 of about 5,277,294 (228)

Spite in litigation

open access: yesCanadian Journal of Economics/Revue canadienne d'économique, EarlyView.
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

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

When do proxy advisors improve corporate decisions?

open access: yesEconomic Inquiry, EarlyView.
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

open access: yes, 2011
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

open access: yesTongxin xuebao, 2013
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

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

Some first results for noncooperative pregames: social conformity and equilibrium in pure strategies [PDF]

open access: yes, 2001
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

open access: yes, 2007
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

open access: yesScientific Reports, 2022
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

open access: yesInternational Economic Review, EarlyView.
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

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