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Stochastic signaling: information substitutes and complements
TRUYTS, Tom - Center for Operations Research and Econometrics (CORE), … - 2012
I develop a model of stochastic costly signaling in the presence of exogenous imperfect information, and study whether equilibrium signaling decreases ('information substitutes') or increases ('information complements') if the accuracy of exogenous information increases. A stochastic pure costly...
Persistent link: https://www.econbiz.de/10010927722
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Optimal enforcement of competition policy : the commitments procedure under uncertainty
GAUTIER, Axel; PETIT, Nicolas - Center for Operations Research and Econometrics (CORE), … - 2014
Since the introduction of a formal commitments procedure in EU an- titrust policy (Article 9 of Council Regulation 1/2003), the European Commission has extensively settled cases of alleged anticompetitive practices. In this paper, we use a formal model of law enforcement (Be- bchuk, 1984; Shavell,...
Persistent link: https://www.econbiz.de/10011246329
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Trials and Errors: Plea Bargaining as a Learning Device.
Bortolotti, B. - Center for Operations Research and Econometrics (CORE), … - 1996
The plea bargaining procedure, namely the viability of a stage of bargaining between prosecutor and defendant in criminal suits, is analyzed in the framework of a two-sided incomlete information game.
Persistent link: https://www.econbiz.de/10005779401
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Bank secrecy, illicit money and offshore financial centers
PICARD, Pierre; PIERETTI, Patrice - Center for Operations Research and Econometrics (CORE), … - 2010
This paper discusses the effects of pressure policies on offshore financial centers as well as their ability to enforce the compliance of those centers with anti-money laundering regulations. Offshore banks can be encouraged to comply with rigorous monitoring of an investor's identity and the...
Persistent link: https://www.econbiz.de/10008550233
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Leniency programs for multimarket firms: The effect of Amnesty Plus on cartel formation
LEFOUILI, Yassine; ROUX, Catherine - Center for Operations Research and Econometrics (CORE), … - 2010
We examine the effect of the Amnesty Plus policy on the incentives of firms to engage in cartel activities. Amnesty Plus is aimed at attracting amnesty applications by encouraging firms, convicted in one market, to report their collusive agreements in other markets. It has been vigorously...
Persistent link: https://www.econbiz.de/10008642225
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ON THE NATURE OF ADVERTISING AND ITS ROLE AS SIGNAL OF QUALITY.
OVERGAARD, P.B. - Center for Operations Research and Econometrics (CORE), … - 1990
Persistent link: https://www.econbiz.de/10005779497
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Advertising and endogenous exit in a differentiated duopoly
MANTOVANI, Andrea; MION, Giordano - Center for Operations Research and Econometrics (CORE), … - 2003
In this paper we consider a two-stage duopoly game where firms first decide whether to invest in advertising and then … compete in prices. Advertising has two effects: a market enlargement for both firms and a predatory gain for the investing … investment in advertising and that strong product substitutability may induce a coordination problem. …
Persistent link: https://www.econbiz.de/10005008546
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The TV news scheduling game when the newcaster's face matters
GABSZEWICZ, Jean J.; LAUSSEL, Didier; SONNAC, Nathalie - Center for Operations Research and Econometrics (CORE), … - 2008
The present note first provides an alternative formulation of the Cancian, Bills and Bergström (1995)- problem which discards the non-existence difficulty and consequently allows to consider some extensions of the TV-newscast scheduling game. The extension we consider consists in assuming that...
Persistent link: https://www.econbiz.de/10005008577
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Advertising and the rise of the free daily newspapers
GABSZEWICZ, Jean J.; LAUSSEL, Didier; SONNAC, Nathalie - Center for Operations Research and Econometrics (CORE), … - 2006
journals are determined endogenously in the first stage of the game. We show that when the advertising revenues per reader …
Persistent link: https://www.econbiz.de/10005042918
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INFORMATIVE ADVERTISING AND COMPETITION: A NON-COOPERATIVE APPROACH
GARY-BOBO, R.J.; MICHEL, P. - Center for Operations Research and Econometrics (CORE), … - 1988
Persistent link: https://www.econbiz.de/10005633982