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The article shows how Jean-Francois Mertens contributed to the development of game theory and microeconomics as we know them today. Along with about 80 articles, Mertens's topics go from the formulation of Bayesian decision making in games with incomplete information to the foundations of cost...
Persistent link: https://www.econbiz.de/10011074149
Information systems (IS) research has examined a broad range of factors influencing the effective adoption of information technology (IT). However, so far, much remains to be done with respect to the exact role played by socio-emotional processes and their influence on IT adoption in the...
Persistent link: https://www.econbiz.de/10010861574
The aim of our paper is to determine the efficiency of the asymmetric regulation of the Mobile Termination Rates (MTRs) in a market where the firms are differentiated in size and with commercial offers that include calling club effects. Major regulatory issues are related to these analyses,...
Persistent link: https://www.econbiz.de/10010706668
Persistent link: https://www.econbiz.de/10010706927
The present research examines small-firm networks in Japanese industrial districts. We propose and discuss the typology … of these networks. Special attention is paid to horizontal networks, characterised by enhanced co-operation and … competition between small firms. We analyse these networks from the perspective of the social embeddedness approach and the …
Persistent link: https://www.econbiz.de/10010707385
In this paper we analyze how legitimacy allows us to develop differentiated relationships in business networks. Our … central argument is that the building of legitimacy in business networks through certification needs the development of what … institutional theories (DiMaggio and Powell, 1983) approach to explain how business networks can adopt and manage legitimacy. We …
Persistent link: https://www.econbiz.de/10011072049
professional integration of women-managers through the development of their organizational networks. Nevertheless, these …
Persistent link: https://www.econbiz.de/10011193767
The dual reduction process, introduced by Myerson, allows a finite game to be reduced to a smaller-dimensional game such that any correlated equilibrium of the reduced game is an equilibrium of the original game. We study the properties and applications of this process. It is shown that generic...
Persistent link: https://www.econbiz.de/10011073186
In this paper we present a new class of pedestrian crowd models based on the mean field games theory introduced by Lasry and Lions in 2006. This macroscopic approach is based on a microscopic model, that considers smart pedestrians who rationally interact and anticipate the future. This leads...
Persistent link: https://www.econbiz.de/10011073248
We introduce a class of communication equilibria, which we call self-fulfilling mechanisms, and show that they provide a game-theoretic foundation to rational expectations equilibria. LetEbe an exchange economy with differential information. We associate a strategic market gameΓ(E) withE. We...
Persistent link: https://www.econbiz.de/10011073499