Results 61 to 70 of about 26,202 (266)
The RAND Journal of Economics, EarlyView.ABSTRACT Biased recommendations arise naturally in markets with heterogeneous consumers. We study a model in which a monopolist offers an experience good to a population of consumers with heterogeneous tastes and makes personalized purchase recommendations.
Martin Peitz, Anton Sobolev
wiley +1 more source
Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
The RAND Journal of Economics, EarlyView.ABSTRACT Pay‐TV firms compete both downstream to attract viewers and upstream to acquire broadcasting rights. Because profits inherited from downstream competition satisfy a convexity property, allocating rights to the dominant firm maximizes the industry profit.
David Martimort, Jerome Pouyet
wiley +1 more source
Perfect Equilibria in Replies in Multiplayer Bargaining
Journal of Applied Mathematics, 2013 Multiplayer bargaining is a game in which all possible divisions are equilibrium outcomes. This paper presents the classical subgame perfect equilibria strategies and analyses their weak robustness, namely, the use of weakly dominated strategies.
Luís Carvalho
doaj +1 more source
Kidnapping model: an extension of Selten's game [PDF]
Royal Society Open Science, 2017 Selten's game is a kidnapping model where the probability of capturing the kidnapper is independent of whether the hostage has been released or executed.
Azhar Iqbal +2 more
doaj +1 more source
Competitive diplomacy in bargaining and war
American Journal of Political Science, EarlyView.Abstract War is often viewed as a bargaining problem. However, prior to bargaining, countries can vie for leverage by expending effort on diplomacy. This article presents a dynamic model of conflict where agenda‐setting power is endogenous to pre‐bargaining diplomatic competition.
Joseph J. Ruggiero
wiley +1 more source
Optimal Portfolio Selection of Mean-Variance Utility with Stochastic Interest Rate
Journal of Function Spaces, 2020 In order to tackle the problem of how investors in financial markets allocate wealth to stochastic interest rate governed by a nested stochastic differential equations (SDEs), this paper employs the Nash equilibrium theory of the subgame perfect ...
Shuang Li +4 more
doaj +1 more source
Cooperation and Managerial Delegation in Duopoly Revisited
Bulletin of Economic Research, EarlyView.ABSTRACT This paper shows that the cooperative game with managerial delegation (in both the Cournot and Bertrand settings) and the Bertrand benchmark game (without delegation or cooperation) are equivalent in duopoly. The cooperative solution may be the equilibrium of the game, and this outcome can be beneficial for consumer surplus and welfare when ...
José A. Novo‐Peteiro
wiley +1 more source
Auctioning the Right to Play Ultimatum Games and the Impact on Equilibrium Selection
Games, 2013 We auction scarce rights to play the Proposer and Responder positions in ultimatum games. As a control treatment, we randomly allocate these rights and charge exogenous participation fees.
Jason Shachat, J. Todd Swarthout
doaj +1 more source
FogCom:SDN-enabled fog node selection for early detection of communicable diseases
Journal of King Saud University: Computer and Information Sciences, 2023 A communicable illness is one that spreads from person to person by a number of means, including contact with blood and body fluids, inhaling an airborne virus, or being bitten by an insect.
Joy Lal Sarkar +8 more
doaj +1 more source
A Communication Proof Equilibrium Concept [PDF]
, 1996 This paper proposes an equilibrium concept for the classes of environments in which players can communicate with each other but cannot make binding agreements.
Ferreira, José Luis
core +3 more sources