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change, especially since asymmetries seem to play an important role in affecting incentives for cooperation or unilateral …
Persistent link: https://www.econbiz.de/10011162058
these cross market links using a Stackelberg model to show that under reasonable assumptions, there are no incentives to … collude for lobbying prices up. However, incentives for manipulating the price of permits up appear if there is an initial …
Persistent link: https://www.econbiz.de/10011162046
In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory …
Persistent link: https://www.econbiz.de/10005392562
Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...
Persistent link: https://www.econbiz.de/10005008039
A tragedy of the commons appears when the users of a common resource have incentives to exploit it more than the …
Persistent link: https://www.econbiz.de/10005423231
We develop a strategic model of network interdiction in a non-cooperative game of flow. An adversary, endowed with a bounded quantity of bads, chooses a flow specifying a plan for carrying bads through a network from a base to a target. Simultaneously, an agency chooses a blockage specifying a...
Persistent link: https://www.econbiz.de/10009131109
In the literature of psychology and economics it is frequently observed that individuals tend to imitate similar individuals. A fundamental question is whether the outcome of such imitation can be consistent with self-interested behaviour. We propose that this consistency requires the existence...
Persistent link: https://www.econbiz.de/10005230911
We illustrate one way in which a population of boundedly rational individuals can learn to play an approximate Nash equilibrium. Players are assumed to make strategy choices using a combination of imitation and innovation. We begin by looking at an imitation dynamic and provide conditions under...
Persistent link: https://www.econbiz.de/10005230917
proposed among others by Barrett (2001) and Benedick (2001) – is based on the insight that incentives to free-ride are much …, the absence of incentives to free ride) of the coalition that would form when countries negotiate on climate …
Persistent link: https://www.econbiz.de/10005385383
+ (REDD+) scheme as a contractual relationship between countries in the light of the theory of incentives. Considering …
Persistent link: https://www.econbiz.de/10010603765