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This paper provides a characterization of the consequences of the assumption that a decision maker with a given utility function is Choquet rational: She maximizes expected utility, but possibly with respect to non-additive beliefs, so that her preferences are represented by Choquet expected...
Persistent link: https://www.econbiz.de/10005478939
Persistent link: https://www.econbiz.de/10005478959
delegate the upstream coordination of suppliers to contract manufacturers. This can be justified by informational advantages or … centralized conditional model, where the OEM forces coordination among upstream suppliers by offering conditional financing. We …
Persistent link: https://www.econbiz.de/10010662642
coordination between Transmission System Operators (TSOs). This paper analyzes the cross-border trade problem through a set of … models that represent different degrees of coordination both between the energy and transmission markets and among national … where energy and transmission are operated separately by PXs and TSOs. When considering different degrees of coordination of …
Persistent link: https://www.econbiz.de/10008550219
/n) >= C, almost all sequences of length n can be predicted by an automaton of size m with a coordination rate close to 1 … coordination ratio significantly larger than the minimal one. …
Persistent link: https://www.econbiz.de/10005043066
In a game with positive externalities, such as e.g. the standard environmental externality game used in the analysis of international environmental agreements, the solutions having the property of coalitional internal stability, when they exist, are compared in this paper with the solutions with...
Persistent link: https://www.econbiz.de/10011246306
avoid a Stackelberg (leader-follower) outcome where one or more major emitters impose a level of climate risk on the rest of …
Persistent link: https://www.econbiz.de/10010752810
We consider a continuous-time variant of the classical Economic Lot-Sizing (ELS) problem. In this model, the setup cost is a continuous function with lower bound $K_min 0$, the demand and holding costs are integrable functions of time and the replenishment decisions are not restricted to be...
Persistent link: https://www.econbiz.de/10011094057
This paper introduces two set valued Nash equilibrium refinements that are a natural generalization of the concept of stable set of equilibria introduced in Kohlberg and Mertens (1986) and satisfy all the properties defined in Mertens (1989). It also establishes a connection between Nash...
Persistent link: https://www.econbiz.de/10011094061
of the models presented, the paper is closed with recommendations for future research in terms of both theory and …
Persistent link: https://www.econbiz.de/10010610479