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The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the … of two new subject-matters: evolutionary game theory and cognitive economy. Both sciences share their investigation field …
Persistent link: https://www.econbiz.de/10011258906
theoretic approach consistent with mainstream economic theory. The general forms of cooperative and non-cooperative equilibria …
Persistent link: https://www.econbiz.de/10009294917
We consider a supply channel composed of one manufacturer and two retailers. Three cases are studied. The non-cooperative one is a leader-follower relationship. The manufacturer determines his spending in national advertising and the whole sale price. Then, the retailers determine...
Persistent link: https://www.econbiz.de/10009372516
Kovenock and Roberson’s (2012ab) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.
Persistent link: https://www.econbiz.de/10009647311
In this paper we present a two stage game of political lobbying for policies designed to enhance environmental quality. Unlike previous work which has tended to assume perfect monitoring of environmental quality in lobbying games we allow for imperfect monitoring of environmental quality. We...
Persistent link: https://www.econbiz.de/10005835582
defined in terms of the minimal number of examples needed to describe the tournament. The latter concept is the concept of … complexity employed by Rubinstein [6] in his economic theory of language. A proof of Rubinsein's conjecture on the complexity …
Persistent link: https://www.econbiz.de/10005837115
Kovenock and Roberson’s (2010) paper has the potential to advance the research frontier, but has deficiencies. This paper suggests how Kovenock and Roberson’s (2010) paper can be developed into a more substantial paper. Kovenock and Roberson’s (2010) paper consists of three sections. The...
Persistent link: https://www.econbiz.de/10008674264
means. A short survey of game theory in the security area, is followed by a real case of an Internet casino. This leads to …-even analysis, and Max-Min analysis from game theory, for the target and the attackers. On that basis, a number of specific economic …
Persistent link: https://www.econbiz.de/10009021982
Environmental protection and firms' competitiveness are typically seen as conflicting elements as firms tend to ignore the environmental consequences of their actions and any regulation forcing them to modify their policies can only make them worse-off. Contrarily to this traditional paradigm,...
Persistent link: https://www.econbiz.de/10011170536
level-k theory, and show that stability of both beliefs and actions is significantly lower. Finally, we estimate a …
Persistent link: https://www.econbiz.de/10011107567