Results 41 to 50 of about 337 (136)

Bad NGOs? Competition in the Market for Donations and Workers' Misconduct

The Journal of Industrial Economics, EarlyView.
ABSTRACT In this paper, we investigate how competition among NGOs to attract donations shapes the incentives that NGOs provide to their employees. NGOs hire workers to undertake development projects, which are horizontally and vertically differentiated.
Nadia Burani, Ester Manna
wiley   +1 more source

Robust Mean–Variance Portfolio Optimization: Mean–Variance–Variance Criterion Versus Mean–Variance–Standard Deviation Criterion

Mathematical Finance, EarlyView.
ABSTRACT We study a dynamic portfolio optimization problem under the mean–variance–variance (M‐V‐V) criterion proposed by Maccheroni et al. It is an analogue of the Arrow–Pratt approximation to the well‐known smooth ambiguity model. Under the standard Black–Scholes framework, we derive fully explicit equilibrium investment strategies in which a DM's ...
David Landriault, Bin Li, Yuanyuan Zhang
wiley   +1 more source

Biased News Media and the Swing Voter's Decision in Repeated Games

The Manchester School, EarlyView.
ABSTRACT We consider a monopolistic, biased news media platform that attempts to influence the decision of swing voters with cheap talk when voting is costly and abstaining is an option. First, we demonstrate that, while no fully communicative equilibrium exists in a stage game, a partially truth‐revealing mixed‐strategy equilibrium exists.
Jooyong Jun, Jeong‐Yoo Kim
wiley   +1 more source

Endogenous Institution Formation for Public Good Provision

The Manchester School, EarlyView.
ABSTRACT We revisit an existing framework of endogenous institution formation for public good provision, incorporating heterogeneous players to address the question, “Who joins an institution that sanctions only its members to provide a public good?” We analyze two models with different sources of heterogeneity.
Daehong Min, Doojin Ryu
wiley   +1 more source

Two-Player Location Game in a Closed-Loop Market with Quantity Competition

Complexity, 2020
This paper considers the two-player location game in a closed-loop market with quantity competition. Based on the Cournot and Hotelling models, a circle model is established for a closed-loop market in which two players (firms) play a location game under
Xiaofeng Chen, Qiankun Song, Zhenjiang Zhao   +2 more
doaj   +1 more source

Mutual Outsourcing in a Vertically Related Market With Strategic Environmental Corporate Social Responsibility

The Manchester School, EarlyView.
ABSTRACT This study considers mutual outsourcing firms in a vertically related market and examines their strategic adoption of environmental corporate social responsibility (ECSR) activities. We demonstrate that ECSR adoption reduces mutual outsourcing firms' profits, resulting in a prisoner's dilemma situation, but enhances welfare regardless of ...
Lili Xu, Xinying Fan, Sang‐Ho Lee
wiley   +1 more source

Consumers' Environmental Awareness and Firms' Managerial Delegation Contracts Under Emission Tax Policies

Scottish Journal of Political Economy, EarlyView.
ABSTRACT This study considers consumers' environmental awareness of polluting firms' managerial delegation contracts and compares the effects of committed and time‐consistent emission tax policies. It reveals that when environmental performance (EP) incentives prevail, sales performance (SP) incentives depend on the emission tax type and competition ...
Lili Xu, Yuntong Yin, Sang‐Ho Lee
wiley   +1 more source

Storage games

The RAND Journal of Economics, Volume 57, Issue 2, Page 334-348, Summer 2026.
ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley   +1 more source

Stackelberg games-based distributed algorithm of pricing and resource allocation in heterogeneous wireless networks

Tongxin xuebao, 2013
To deal with resource allocation in heterogeneous wireless networks,an algorithm based on multi-leader multi-follower Stackelberg games model was proposed to satisfy optimal utility of both operators and mobile users.The mobile user’s utility function ...
Yong JIANG, Shan-zhi CHEN, Bo HU
doaj   +2 more sources