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A Game Theoretic Framework for Competing/Cooperating Retailers under price and advertising dependent demand
Dridi, Dhouha; Ben Youssef, Slim - Volkswirtschaftliche Fakultät, … - 2015
In this paper, we develop a game theoretic model for cooperative advertising in a supply chain consisting of a monopolistic manufacturer selling its product to the consumer only through competing duopolistic retailers. We consider a new form of the demand function which is an additive form. The...
Persistent link: https://www.econbiz.de/10011220301
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Mineral exploration as a game of chance
Bell, Peter N - Volkswirtschaftliche Fakultät, … - 2015
Exploration is a costly activity that helps a business improve their understanding of a potential mineral deposit. Yet, even with strong exploration results, the business faces uncertainty over the value of the mine. I model this situation as a game of chance. The game starts by giving an agent...
Persistent link: https://www.econbiz.de/10011274395
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Pricing behaviour at capacity constrained facilities
Larsen, Huric; Fredborg, Jesper - Volkswirtschaftliche Fakultät, … - 2012
Entry of new firms can be difficult or even impossible at capacity constrained facilities, despite the actual cost of entering is low. Using a game theoretic model of incumbent firms’ pricing behaviour under these conditions, it is found that under the assumption of Bertrand competition and...
Persistent link: https://www.econbiz.de/10011258735
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Resource Allocation Contests: Experimental Evidence
Shupp, Robert; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013
Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under risk-neutrality. The...
Persistent link: https://www.econbiz.de/10011259038
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A Game Theoretic Analysis of a Regional Approach toward the Sustainability of Kolkata-Agartala Transit Route
Sen, S. K.; Mukhopadhyay, I; Gupta, S - Volkswirtschaftliche Fakultät, … - 2011
This paper attempts to explore the possibilities of a viable transport network in the long run which can respond to the demand for communication by people of Tripura as well as the demand of Tripura’s projected economy. Since, Tripura is constantly facing the problem of lack of a smooth...
Persistent link: https://www.econbiz.de/10011259372
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Sticky wages, labor demand elasticity and rational unemployment
Chen, Siyan; Desiderio, Saul - Volkswirtschaftliche Fakultät, … - 2014
In this paper we give a clear-cut explanation to the sluggish wage adjustments which are commonly experienced also in face of involuntary unemployment. We prove that unemployment may be the physiological outcome of rational decisions by competing workers who may find it optimal to ask higher...
Persistent link: https://www.econbiz.de/10011259827
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Why is the Workplace Racially Segregated by Occupation?
Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2012
by economic theory, but “the hypothesis of employer discrimination does not at all explain segregation by occupation … theory foundations, insofar as they impose a utility indicator function as a primitive concept via persuasion, rather than … to discriminate. Economic theory is, therefore, endogenously color-blind, race-blind, gender-blind, ethnicity-blind, and …
Persistent link: https://www.econbiz.de/10011260187
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A Decision Analysis Approach To Solving the Signaling Game
Cobb, Barry; Basuchoudhary, Atin - Volkswirtschaftliche Fakultät, … - 2009
theory has been applied to solving games of strategic interaction between two or more players. Building upon recent work of … van Binsbergen and Marx (2007. Exploring relations between decision analysis and game theory. Decision Anal. 4(1) 32 …
Persistent link: https://www.econbiz.de/10005014726
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An Attempt to Control Tax Evasion
Rosato, Antonio - Volkswirtschaftliche Fakultät, … - 2006
-player model in order to analyze the interaction between the taxpayer and the IRS and the main tool we use is game theory. We …
Persistent link: https://www.econbiz.de/10005014729
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A noncooperative model of network formation with decreasing productivity
Charoensook, Banchongsan - Volkswirtschaftliche Fakultät, … - 2012
This paper develops a model of noncooperative network formation. Link formation is two-sided. Information flow is two-way. The paper is based on Bala and Goyal (2000) with the following difference in assumption: the value of information decays as it flows through each agent, and the decay is...
Persistent link: https://www.econbiz.de/10009652918