Results 21 to 30 of about 88 (87)
Abstract While research on ecosystems and their orchestration has grown rapidly, we still know little about how individual strategic leaders may mobilize ecosystemic action in times of disruption. This article addresses this gap by drawing on an in‐depth case study of the Antwerp Square Mile, the world’s oldest and most renowned diamond trading ...
Bart De Keyser, Koen Vandenbempt
wiley +1 more source
Incentive alignment in ecosystems: The role of complementarity types and multi‐sided bargaining
Abstract Research Summary Alignment of incentives to improve value creation in ecosystems is crucial to their growth and survival. We examine how two fundamental ecosystem features affect alignment: types of complementarities and their interplay with multi‐sided bargaining over value.
Olivier Chatain, Elena Plaksenkova
wiley +1 more source
Tarski's Theorem, Supermodular Games, and the Complexity of Equilibria [PDF]
The use of monotonicity and Tarski's theorem in existence proofs of equilibria is very widespread in economics, while Tarski's theorem is also often used for similar purposes in the context of verification. However, there has been relatively little in the way of analysis of the complexity of finding the fixed points and equilibria guaranteed by this ...
Etessami, Kousha +3 more
openaire +4 more sources
Equilibrium Existence in First‐Price Auctions With Private Values
We provide sufficient conditions for equilibrium existence in first‐price auctions with private values that accommodate non quasi‐linear utilities and value‐distributions that contain atoms and exhibit positive or negative correlation. These conditions show that equilibrium existence often turns on properties of a single statistic of the joint ...
Wojciech Olszewski +2 more
wiley +1 more source
The cone of supermodular games on finite distributive lattices [PDF]
In this article we study supermodular functions on finite distributive lattices. Relaxing the assumption that the domain is a powerset of a finite set, we focus on geometrical properties of the polyhedral cone of such functions. Specifically, we generalize the criterion for extremality and study the face lattice of the supermodular cone.
Grabisch, Michel, Kroupa, Tomáš
openaire +4 more sources
Data and Competition: A Simple Framework
ABSTRACT Does enhanced access to data foster or hinder competition among firms? Using a competition‐in‐utility framework that encompasses many situations where firms use data, we model data as a revenue‐shifter and identify two opposite effects: a mark‐up effect according to which data induces firms to compete harder, and a surplus‐extraction effect ...
Alexandre de Cornière, Greg Taylor
wiley +1 more source
ON UNCROSSING GAMES FOR SKEW-SUPERMODULAR FUNCTIONS
To appear in Journal of the Operations Research Society of ...
openaire +3 more sources
Multivariate Incomplete Information in the Mixture Model of Contests
ABSTRACT A general mixture model of contests is introduced, combining stochastic performance and multivariate incomplete information. Performance is determined by a mixture distribution with endogenous weights on a good and bad distribution, respectively.
René Kirkegaard
wiley +1 more source
We study reputation formation where a long‐run player repeatedly observes private signals and takes actions. Short‐run players observe the long‐run player's past actions but not her past signals. The long‐run player can thus develop a reputation for playing a distribution over actions, but not necessarily for playing a particular mapping from signals ...
Daniel Luo, Alexander Wolitzky
wiley +1 more source
Existence and Structure of Nash Equilibria for Supermodular Games
Two theorems announced by Topkis about the topological description of sublattices are proved. They are applied to extend some classical results concerning the existence and the order structure of Nash equilibria of certain supermodular games, with some problems in Zhou's proof corrected.
openaire +2 more sources

