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Dynamic Oligopoly: Estimation and Tests of Market Structure
Karp, Larry; Perloff, Jeffrey M - Department of Agricultural and Resource Economics, … - 1988
A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests …
Persistent link: https://www.econbiz.de/10010537443
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Estimating Coke and Pepsi's price and advertising strategies
Golan, Amos; Karp, Larry; Perloff, Jeffrey M. - Department of Agricultural and Resource Economics, … - 1999
Persistent link: https://www.econbiz.de/10010843143
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The Consensus Value for Games in Partition Function Form
Ju, Y. - Tilburg University, Center for Economic Research - 2004
consensus value is discussed.Finally, two applications of the consensus value are given: one is for oligopoly games in partition …
Persistent link: https://www.econbiz.de/10011091966
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Link formation in cooperative situations
Dutta, B.; van den Nouweland, C.G.A.M.; Tijs, S.H. - Tilburg University, Center for Economic Research - 1995
In this paper we study the endogenous formation of cooperation structures or communication graphs between players in a superadditive TU game. For each cooperation structure that is formed, the payoffs to the players are determined by an exogenously given solution. We model the process of...
Persistent link: https://www.econbiz.de/10011091161
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Core implementation in modified strong and coalition proof Nash equilibria
Borm, Peter; Otten, G.J.M.; Peters, H.J.M. - Tilburg University, Center for Economic Research - 1992
Persistent link: https://www.econbiz.de/10011091368
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On te generic stability of mixed strategies in asymmetric contests
Bhaskar, V. - Tilburg University, Center for Economic Research - 1995
Although a mixed strategy can never be evolutionarily stable in a truly asymmetric contest, examples show that mixed strategies can satisfy the weaker criterion on neutral stability. This paper shows that such examples are rare, and, generically, a mixed strategy is unstable. We apply the result...
Persistent link: https://www.econbiz.de/10011091518
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Game theory : The next stage
van Damme, Eric - Tilburg University, Center for Economic Research - 1995
This paper surveys some recent developments in (non-cooperative) game theory and provides an outlook on the near future … of that theory. In particular, attention is focused on the limitations inherent in normative game theory and on attempts … to construct a behavioral version of the theory that incorporates aspects of procedural and bounded rationality. It is …
Persistent link: https://www.econbiz.de/10011092171
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A perfectness concept for multicriteria games
Borm, Peter; van Megen, F.; Tijs, S.H. - Tilburg University, Center for Economic Research - 1995
This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an...
Persistent link: https://www.econbiz.de/10011092242
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Is altruism evolutionarily stable ?
Bester, H.; Güth, W. - Tilburg University, Center for Economic Research - 1994
We develop an evolutionary approach to explain altruistic preferences. Given their preferences, individuals interact rationally with each other. By comparing the success of players with different preferences, we investigate whether evolution favors altruistic or selfish attitudes. The outcome...
Persistent link: https://www.econbiz.de/10011092487
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International Trade in Exhaustible Resources: A Cartel-Competitive Fringe Model
Karp, Larry; Tahvonen, Olli - Department of Agricultural and Resource Economics, … - 1995
We characterize the open-loop and the Markov perfect Stackelberg equilibria for a differential game in which a cartel and a fringe extract a nonrenewable resource. Both agents have stock dependent costs. The comparison of initial market shares, across different equilibria, depends on which firm...
Persistent link: https://www.econbiz.de/10010537410