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Persistent link: https://www.econbiz.de/10010905168
Different kinds of asymmetries between players can occur in core allocations, in that case the stability of the concept is questioned. One remedy consists in selecting robust core allocations. We review, in this note, results that all select core allocations in NTU games with different concepts...
Persistent link: https://www.econbiz.de/10010905124
We prove that a natural monopoly can set subsidy free pricing and sustainable pricing schedules in general economic environment. The setting is a multiproduct and multiple agent contestable market where demands are elastic and where rivals can enter the sub-markets composed by a set of the...
Persistent link: https://www.econbiz.de/10010905176
We prove the existence of subsidy free and sustainable pricing schedule in multiproduct contestable markets. We allow firms to discriminate the local markets that are composed by a set of the products line and a set of agents. Results are obtained under an assumption of fair sharing cost and...
Persistent link: https://www.econbiz.de/10010905384
equilibrium theory with non-convexities. Applications to extant results taken from game theory and economic theory are given. …
Persistent link: https://www.econbiz.de/10010905386
For any TU game and any ranking of players, the set of all preimputations compatible with the ranking, equipped with the Lorenz order, is a bounded join semi-lattice. Furthermore, the set admits as sublattice the S-Lorenz core intersected with the region compatible with the ranking. This result...
Persistent link: https://www.econbiz.de/10011228181
This paper investigates the effect of foreign currency (FC) derivative use on shareholder value. Exposures are broken down by currency, by whether the currency is appreciating or depreciating and by whether exposures are symmetric or asymmetric. We find that derivatives are effective in reducing...
Persistent link: https://www.econbiz.de/10010707997
modes of co-operation: ‘community based co-operation’, based on the need to belong, and ‘complementary co-operation’, which …-analysis framework. This framework forms the basis of our analysis of the interaction between cultural diversity and co-operation … influence on issues of identity involved in co-operation. However, it reveals a strong link between cultural diversity and …
Persistent link: https://www.econbiz.de/10010752617
action, in search of the key conditions for unity, cooperation and agreement. Their aggregated findings have unveiled the …
Persistent link: https://www.econbiz.de/10010705796
influence private research, and conversely. Researchers of these two spheres develop important relations of cooperation. We then … show that spillovers can diffuse through cooperation in upstream and downstream phases of the innovation process. On the …
Persistent link: https://www.econbiz.de/10010706380