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Persistent link: https://www.econbiz.de/10009578563
fragmentation of the value-added chain. Fragmentation is the outcome of cost competition - the profit-maximizing choice of cost …
Persistent link: https://www.econbiz.de/10009613595
(geno-) types as in evolutionary biology and game theory. Survival in inter- and intraspecies competition together with … competition and analyze the conditions for species survival. The second aspect refers to success in intraspecies competition of …
Persistent link: https://www.econbiz.de/10009578002
leadership. Our data, however, does not confirm the theory. While Stackelberg equilibria are extremely rare we often observe …
Persistent link: https://www.econbiz.de/10009580476
We report on an experiment designed to compare Stackelberg and Cournot duopoly markets with quantity competition. For …
Persistent link: https://www.econbiz.de/10009580482
Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects … by price competition. A special advantage of such a framework is that one can distinguish two kinds of employment effects …
Persistent link: https://www.econbiz.de/10009582404
Modern econometrics requires implementation of highly specialized software. In contrast to mathematical arguments used in implementing new econometric techniques the corresponding software algorithms require specific platforms. The specialization of hardware and software, in fact, seriously...
Persistent link: https://www.econbiz.de/10009578024
world income distribution dynamics. Formal statistical hypothesis tests allow us to discriminate between two competing … contributes to the polarization of the world income distribution. -- economic growth ; neoclassical convergence ; technological …
Persistent link: https://www.econbiz.de/10009583880
Persistent link: https://www.econbiz.de/10009611551
In a complete financial market every contingent claim can be hedged perfectly. In an incomplete market it is possible to stay on the safe side by superhedging. But such strategies may require a large amount of initial capital. Here we study the question what an investor can do who is unwilling...
Persistent link: https://www.econbiz.de/10009574876