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Linde, Jona; Sonnemans, Joep - 2012

Persistent link: https://www.econbiz.de/10010191024

Baye, Michael R.; Kovenock, Daniel J.; Vries, Casper G. de - 2009 - Revised: April 2009

-order contests with complete information, in which each player's strategy generates direct or indirect affine spillover effects that … economic environments, as well as in classic contests adapted to recent experimental and behavioral models where individuals …&D races, models of ligitation, and a host of other contests. …

Persistent link: https://www.econbiz.de/10011378808

Extreme equilibria in a general negotiation model

Houba, Harold; Wen, Quan - 2007

We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set of its subgame perfect equilibrium payoffs, we provide a recursive technique that relies on the Pareto frontier of equilibrium payoffs. When players have different time...

Persistent link: https://www.econbiz.de/10011372980

Preopening and equilibrium selection

Calcagno, Riccardo; Lovo, Stefano M. - 2010

We introduce a form of pre-play communication that we call preopening. During the preopening, players announce their tentative actions to be played in the underlying game. Announcements are made using a posting system which is subject to stochastic failures. Posted actions are publicly...

Persistent link: https://www.econbiz.de/10011380033

Market power in water markets

Ansink, Erik; Houba, Harold - 2011 - This version: May 2011

Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...

Persistent link: https://www.econbiz.de/10011380731

Network formation under heterogeneous costs : the multiple group model

Kamphorst, Jurjen; Laan, Gerard van der - 2004

It is widely recognized that the shape of networks influences both individual and aggregate behavior. This raises the question which types of networks are likely to arise. Our paper fits into the literature that addresses this question. The paper continues on the work of Galeotti, Goyal and...

Persistent link: https://www.econbiz.de/10011334857

Alternating offers in economic environments

Houba, Harold - 2005

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary subgame perfect equilibrium proposals in the alternating offers model, also for positive time between proposals. As time vanishes, convergence to the Nash bargaining solution is...

Persistent link: https://www.econbiz.de/10011343949

Social comparison and risky choices

Linde, Jona; Sonnemans, Joep - 2009

Persistent link: https://www.econbiz.de/10003913151

Investment, resolution of risk, and the role of affect

Winden, Frans A. A. M. van; Krawczyk, Michal; … - 2008

-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …

Persistent link: https://www.econbiz.de/10011374397

"Let me dream on!" : anticipatory emotions and preference for timing in lotteries

Kocher, Martin; Krawczyk, Michal; Winden, Frans A. A. M. van - 2009 - This version: September 2009

emotions. This conjecture is tested in an experiment with real lottery tickets. We show that our theoretical considerations may …

Persistent link: https://www.econbiz.de/10011379382

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