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Relation of game theory to economic history and marginalism

Killion, M. Ulric - Volkswirtschaftliche Fakultät, … - 2009

theory and the economic theory of marginal utility. The Articles does so for exploring the relation of game theory or the …, though most attribute the new science of modern game theory to the field of mathematics, that the influence of corresponding … theory or the strategic game. …

Persistent link: https://www.econbiz.de/10005837542

A Game Theoretic Framework for Competing/Cooperating Retailers under price and advertising dependent demand

Dridi, Dhouha; Ben Youssef, Slim - Volkswirtschaftliche Fakultät, … - 2015

In this paper, we develop a game theoretic model for cooperative advertising in a supply chain consisting of a monopolistic manufacturer selling its product to the consumer only through competing duopolistic retailers. We consider a new form of the demand function which is an additive form. The...

Persistent link: https://www.econbiz.de/10011220301

The problem of arising the Pareto inefficient norm in relations “investor – government” type.

Sokolovskyi, Dmytro; Sokolovska, Olena - Volkswirtschaftliche Fakultät, … - 2013

The article deals with problem of forming of Pareto non-optimal norms of mutual behavior of investors and government in the process of decision-making related to financing of reduction of risks of investment activity in economy. The game-theoretical analysis suggests that inefficiency of arising...

Persistent link: https://www.econbiz.de/10011257751

Institutions as game theory outcomes: toward a cognitive-experimental inquiry

Ambrosino, Angela - Volkswirtschaftliche Fakultät, … - 2009

The paper investigates two different approaches to the analysis of institutions using game theory and discusses their … methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern’s theory, we investigate … how game theory has been applied to the analysis of institutions, these being considered, as in Hayek (1967, 1988a) as the …

Persistent link: https://www.econbiz.de/10011257784

Discretionary enforcement and strategic interactions between firms, regulatory agency and justice department: a theoretical and empirical investigation

Germani, Anna Rita; Morone, Andrea; Morone, Piergiuseppe; … - Volkswirtschaftliche Fakultät, … - 2013

game theory models, the role of EPA and DOJ in deterring firms from polluting is, then, empirically tested, by means of a …

Persistent link: https://www.econbiz.de/10011258128

A game theory model for currency markets stabilization

Musolino, Francesco; Carfì, David - Volkswirtschaftliche Fakultät, … - 2012

The aim of this paper is to propose a methodology to stabilize the currency markets by adopting Game Theory. Our idea …

Persistent link: https://www.econbiz.de/10011258452

Game theory model for European government bonds market stabilization: a saving-State proposal

Carfì, David; Musolino, Francesco - Volkswirtschaftliche Fakultät, … - 2012

value of government bonds issued by the States, using the ``Game Theory". In particular, we focus our attention on three …

Persistent link: https://www.econbiz.de/10011258488

Pricing behaviour at capacity constrained facilities

Larsen, Huric; Fredborg, Jesper - Volkswirtschaftliche Fakultät, … - 2012

Entry of new firms can be difficult or even impossible at capacity constrained facilities, despite the actual cost of entering is low. Using a game theoretic model of incumbent firms’ pricing behaviour under these conditions, it is found that under the assumption of Bertrand competition and...

Persistent link: https://www.econbiz.de/10011258735

The 15-years-long emergency, the burial-of-the-dead conflict and the ultimatum game.

Villani, Salvatore - Volkswirtschaftliche Fakultät, … - 2008

The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the … of two new subject-matters: evolutionary game theory and cognitive economy. Both sciences share their investigation field …

Persistent link: https://www.econbiz.de/10011258906

Resource Allocation Contests: Experimental Evidence

Shupp, Robert; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013

Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under risk-neutrality. The...

Persistent link: https://www.econbiz.de/10011259038