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A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests …
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consensus value is discussed.Finally, two applications of the consensus value are given: one is for oligopoly games in partition …
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In this paper we present an axiomatic analysis of several ranking methods for tournaments. We find that two of them exhibit a very good behaviour with respect to the set of properties under consideration. One of them is the maximum likelihood ranking, the most common method in statistics and...
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Generalized maximum entropy may be used to estimate mixed strategies subject to restrictions from game theory. This …
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The 1990 Clean Air Act Amendments stipulated gasoline content requirements for metropolitan areas with air pollution levels above predetermined federal thresholds. The legislation led to exogenous changes in the type of gasoline required for sale across U.S. metropolitan areas. This paper uses a...
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