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Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2010

Persistent link: https://www.econbiz.de/10003934200

Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2009

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...

Persistent link: https://www.econbiz.de/10011379608

Maximin play in two-person bimatrix games

Pruzhansky, Vitaly - 2003

Since the seminal paper of Nash (1950) game theoretic literature has focused mostly on equilibrium and not on maximin (minimax) strategies. We study the properties of these strategies in 2-player non-zero-sum strategic games, whose Nash equilibria are only mixed.

Persistent link: https://www.econbiz.de/10011334334

Pareto efficiency in the jungle

Houba, Harold; Luttens, Roland Iwan; Weikard, Hans-Peter - 2014

We include initial holdings in the jungle economy of Piccione and Rubinstein (Economic Journal, 2007) in which the unique equilibrium satisfies lexicographic welfare maximization. When we relax assumptions on consumption sets and preferences slightly, equilibria other than lexicographic welfare...

Persistent link: https://www.econbiz.de/10010421741

The degradation of distorted performance measures : an application to residual income based measures like EVA

Sloof, Randolph; Praag, Mirjam van - 2008

Persistent link: https://www.econbiz.de/10003756053

The executive turnover risk premium

Peters, Florian; Wagner, Alexander F. - 2012

Persistent link: https://www.econbiz.de/10010191019

Gift exchange in the workplace

Dur, Robert A. J. - 2008

convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

Persistent link: https://www.econbiz.de/10011377053

Computationally attractive stability tests for the efficient method of moments

Sluis, Pieter J. van der - 1997

Persistent link: https://www.econbiz.de/10000968763

Views on managerial effectiveness

Vinkenburg, Claartje J. - 1994

Persistent link: https://www.econbiz.de/10000151666

Gift exchange in the workplace : money or attention?

Dur, Robert A. J. - 2008

Persistent link: https://www.econbiz.de/10003762598

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