Results 71 to 80 of about 26,202 (266)

Cross‐border reciprocal bartering in public–private tetradic networks

Decision Sciences, EarlyView.
Abstract Under the background of semiconductor and vaccine shortages during COVID‐19‐driven supply chain disruptions, this article adopts a multimethodological approach to investigate strategic solutions for cross‐border scarce goods bartering in a public–private (P–P) tetradic reciprocal network, which involves two pairs of P–P collaborative dyads ...
Jiuh‐Biing Sheu, Tsan‐Ming Choi, Thomas Y. Choi   +2 more
wiley   +1 more source

Learning backward induction: a neural network agent approach [PDF]

, 2009
This paper addresses the question of whether neural networks (NNs), a realistic cognitive model of human information processing, can learn to backward induce in a two-stage game with a unique subgame-perfect Nash equilibrium.
Bastidas Orihuela, Jarol Jorge, Roman Aquice, Lesly Yrene   +1 more
core   +2 more sources

Climate shocks, democratization and (a culture of) cooperation

Economica, EarlyView.
Abstract While the direct economic effects of adverse climate shocks are well known, their indirect institutional impact is still poorly understood. To clarify this, we test the idea that adverse climate shocks push time‐inconsistent elites to enact inclusive political institutions, and non‐elites to embrace strong norms of cooperation.
Giacomo Benati, Carmine Guerriero
wiley   +1 more source

Strategic Flip‐Flopping in Political Competition

International Economic Review, EarlyView.
ABSTRACT We study candidates' position adjustments in response to information about voters' preferences. Repositioning allows candidates to move closer to the median voter, but it incurs financial and electoral costs. In a subgame‐perfect equilibrium, candidates diverge from the center ex ante if the costs of adjustment are sufficiently large.
Gaëtan Fournier, Alberto Grillo, Yevgeny Tsodikovich   +2 more
wiley   +1 more source

Service competition in two-tier healthcare markets with heterogeneous patients balking

Journal of Management Science and Engineering
Recently, public and private providers within two-tier healthcare markets have engaged in a fierce competition for patients, which is significantly influenced by patients' multifaceted sensitivities to delays and payments, particularly when patients ...
Yuanbing Miao, Xiaoqing Cai, Yanfei Lan, Ruiqing Zhao, Yinlian Zeng   +4 more
doaj   +1 more source

Stochastic discounting in repeated games: awaiting the almost inevitable [PDF]

, 2011
This paper studies repeated games with pure strategies and stochastic discounting under perfect information. We consider infinite repetitions of any finite normal form game possessing at least one pure Nash action profile. The period interaction realizes
Barlo, Mehmet, Urgun, Can, Ürgün, Can
core   +9 more sources

Debt Ceilings With Fiscal Intransparency and Imperfect Electoral Accountability

International Economic Review, EarlyView.
ABSTRACT We study optimal debt ceilings in a political‐agency model with uncertainty about both policymaker type (benevolent or selfish) and economic state (good or bad). Elections generate disciplining and selection effects that differ across pooling, hybrid, and separating equilibria induced by different ceilings.
Randolph Sloof, Roel Beetsma, Alina Steinweg   +2 more
wiley   +1 more source

Differential Games of Cournot Oligopoly with Consideration of Pollution, Network Structure, and Continuous Updating

Games
We have built and investigated analytically and numerically a differential game model of Cournot oligopoly with consideration of pollution, network structure, and continuous updating.
Guennady Ougolnitsky, Alexey Korolev
doaj   +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

Trade costs, infrastructure, and dynamics in a global economy

International Journal of Economic Theory, EarlyView.
Abstract This study develops a dynamic two‐country model with trade costs linked to international infrastructure stock. With variable markups and firm heterogeneity, the welfare impact of trade costs depends on firms' cost distribution. Governments engage in a dynamic public investment game, leading to multiple steady states. The dynamic equilibrium of
Akihiko Yanase
wiley   +1 more source