This paper investigates the factors that hinder the complementary (synergistic) effect of R&D collaboration between industry and public sector on regional innovation over the period from 2008 to 2017. Using more sophisticated interaction methods, the present research finds that the R&D...

This article examines the impact of innovation efficiency on Greek ICT’s firm performance when innovation efficiency arises from an application of Stochastic Frontier Approach (SFA) with discrete variables. Using the Greek wave of Community Innovation Survey (CIS 2012-2014 microdata), the...

In the matching mechanism of incomplete information, the preferences and endowment of players change with the types of players. Before insight into the state of nature, the player cannot be certain of the types of other players. Based on Cornes and Hartley's aggregative game approach, this paper...

We study whether we can weaken the conditions given in Reny [4] and still obtain existence of pure strategy Nash equilibria in quasiconcave normal form games, or, at least, existence of pure strategy ε -equilibria for all ε 0. We show by examples that there are: 1. quasiconcave, payoff secure...

This paper presents new results on the existence of Bayesian equilibria in pure strategies of a specified functional form. These results broaden the scope of methods developed by Reny (2011) well beyond monotone pure strategies. Applications include natural models of first-price and all-pay...

This paper presents new results on the existence of Bayesian equilibria in pure strategies of a specified functional form. These results broaden the scope of methods developed by Reny (2011) well beyond monotone pure strategies. Applications include natural models of first-price and all-pay...

We study the existence of a profitable unemployment insurance market in a dynamic economy with adverse selection rooted in workers’ advance information on future job losses. The new feature of the model is that the insurer and workers interact repeatedly. Repeated interactions make it possible...