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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
Persistent link: https://www.econbiz.de/10010843362
This discussion paper led to a publication in 'Social Choice and Welfare', 2005, 24, 439-454.<P> Many economic and social situations can be represented by a digraph. Both axiomatic and iterativemethods to determine the strength or power of all the nodes in a digraph have been proposed inthe...</p>
Persistent link: https://www.econbiz.de/10011256523
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...
Persistent link: https://www.econbiz.de/10011092766
We analyze patent licensing by a patent holder to downstream technology users. We study how the structure and level of royalties depends on the patent’s strength, i.e., the probability it would be upheld in court. We examine the social value of determining patent validity before...
Persistent link: https://www.econbiz.de/10011131691
This discussion paper led to a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0095069611001380">'Journal of Environmental Economics and Management'</A>.<p>Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints....</p></a>
Persistent link: https://www.econbiz.de/10011256518
-repeated oligopoly model. Bankruptcy considerations ensure abnormal cartel profits. We derive the optimal fine schedule that achieves …
Persistent link: https://www.econbiz.de/10011256547
oligopoly and present a new maximum likelihood method to estimate search costs. We apply our method to a data set of online …
Persistent link: https://www.econbiz.de/10011256946
This paper presents an empirical examination of oligopoly pricingand consumer search. The theoretical model allows for …
Persistent link: https://www.econbiz.de/10011256993
standard price and quantity setting oligopoly models. We then study the relation between the number of joint projects and …
Persistent link: https://www.econbiz.de/10011257192