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Dynamics of Provision of Threshold Public Goods

Dragicevic, Arnaud; Engle-Warnick, Jim - Centre Interuniversitaire de Recherche en Analyse des … - 2011

Agents face an ambiguous risk of biodiversity survival as well as ambiguous expected losses from its extinction. As a collectivity, agents are faced with the option of privately funding the protection of biodiversity for biomedical research. We propose two evolutionary models of threshold public...

Persistent link: https://www.econbiz.de/10009147628

A Dynamic Duopoly Investment Game without Commitment under Uncertain Market Expansion

Boyer, Marcel; Lasserre, Pierre; Moreaux, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 2011

We model capacity-building investments in a homogeneous product duopoly facing uncertain demand growth. Capacity building is achieved through the addition of production units that are durable and lumpy and whose cost is irreversible. While building their capacity over time, firms compete à la...

Persistent link: https://www.econbiz.de/10009350695

Observing the Strategies Subjects Identify from Choice Data in a Repeated Prisoner's Dilemma

Cusson, Tobie; Engle-Warnick, Jim - Centre Interuniversitaire de Recherche en Analyse des … - 2013

unconditional, punishment, and counting strategies. When data are observationally equivalent among different strategies, punishment …

Persistent link: https://www.econbiz.de/10011183749

Do Increases in Environmental Risk Reduce Welfare? A Dynamic Game Perspective

Benchekroun, Hassan; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2013

failure from cooperation over emissions and increase welfare On étudie l'effet d'une augmentation du niveau de risque … seuil, une augmentation du risque peut pallier la défaillance de coopération et améliorer le bien-être social. …

Persistent link: https://www.econbiz.de/10011183755

An Experimental Study of a Common Property Renewable Resource Game in Continuous Time

Tasneem, Dina; Engle-Warnick, Jim; Benchekroun, Hassan - Centre Interuniversitaire de Recherche en Analyse des … - 2014

We experimentally study behavior in a common property renewable resource extraction game with multiple equilibria. In the experiment, pairs of subjects competitively extract and consume a renewable resource in continuous time. We find that play evolves over time into multiple steady states, with...

Persistent link: https://www.econbiz.de/10011183778

Optimal Tariffs on Exhaustible Resources : The Case of Quantity Setting

Fujiwara, Kenji; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2012

Constructing a dynamic game model of trade of an exhaustible resource, this paper compares feedback Nash and Stackelberg equilibria when the exporting country sets quantity rather than price. We consider two different leadership scenarios: leadership by the importing country, and leadership by...

Persistent link: https://www.econbiz.de/10009652127

Incentive-Compatible Adjustments from the Anchor and Correlated Equilibrium / Ajustements depuis l'ancrage compatibles avec les incitations et équilibre corrélé

Dragicevic, Arnaud - Centre Interuniversitaire de Recherche en Analyse des … - 2010

In repeated-round auction mechanisms with endogenous market-clearing prices, i.e. when prices depend on submitted bids, the assumption of independent private values that underlines the property of incentive-compatibility is to be brought into question; even if these mechanisms provide active...

Persistent link: https://www.econbiz.de/10008565988

Local Interactions

Özgür, Onur - Centre Interuniversitaire de Recherche en Analyse des … - 2010

Local interactions refer to social and economic phenomena where individuals' choices are influenced by the choices of others who are `close' to them socially or geographically. This represents a fairly accurate picture of human experience. Furthermore, since local interactions imply particular...

Persistent link: https://www.econbiz.de/10008591372

Welfare Implications of Leadership in a Resource Market Under Bilateral Monopoly

Fujiwara, Kenji; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2010

Does a country strictly gain if it acts as a leader in a resource market under bilateral monopoly? Using differential games, we show that the answer is "yes"" when leadership can be exercised globally (global Stackelberg leadership), but possibly ""no"" when it is exercised only at each stage...

Persistent link: https://www.econbiz.de/10008552855

The Build-up of Cooperative Behavior among Non-cooperative Agents

Benchekroun, Hassan; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2006

capital of trustworthiness and that we call the stock of cooperation. We show that noncooperative agents might condition their … action on this state variable. Agents build-up the society's stock of cooperation and gradually overcome the free riding … le stock de capital social, ou « stock de coopération ». Nous démontrons que cette variable peut influencer les actions …

Persistent link: https://www.econbiz.de/10005100589