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Our paper considers a dynamic interaction in a buyer-seller network. The network that we consider is a hospital-HMO network which forms a two-sided market in which the HMO is a platform which facilitates an interaction between consumers and hospitals. Hospitals have different locations and may...
Persistent link: https://www.econbiz.de/10010554318
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Persistent link: https://www.econbiz.de/10010554396
This paper develops a relatively simple method for computing the Markov Perfect Equilibria of dynamic games with asymmetric information (see Maskin and Tirole (1992, 2001)). We consider a class of dynamic games in which there is finite number of active players in each period, each characterized...
Persistent link: https://www.econbiz.de/10005069573
Due to increasing concern with climate change, producing energy from the wind has become an tool to substitute electric production away from fossil fuels. In the last decade, wind power capacity has grown tenfold, reaching 42% of newly installed electric capacity in 2008, yet accounts for less...
Persistent link: https://www.econbiz.de/10010571535