Similar Search Results

Credit rationing effects of credit value-at-risk

Slijkerman, Jan Frederik; Smant, David Jan Cornelis; … - 2004

asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem … of low quality, i.e. high risk, loans and therefore reduces the risk of the bank loan portfolio. However, CVaR regulation … welfare. CVaR regulation also affects the operation of monetary policy. …

Persistent link: https://www.econbiz.de/10011334832

Collusive benchmark rates fixing

Boot, Nuria; Klein, Timo; Schinkel, Maarten-Pieter - 2018 - Revision: January 2018

theory to show how an interbank lending rates cartel can be sustained by preemptive portfolio changes. Exchange of …

Persistent link: https://www.econbiz.de/10011791538

Shallow lake economics run deep : nonlinear aspects of an economic-ecological interest conflict

Wagener, Florian Oskar Ottokar - 2011

Outcomes of the shallow lake interest conflict are presented in a number of different contexts: quasi-static and dynamic social planning, and quasi-static one-shot and repeated non-cooperative play. As the underlying dynamics are non-convex, the analysis uses geometrical-numerical methods: the...

Persistent link: https://www.econbiz.de/10011378127

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

Strategic wage setting and coordination frictions with multiple applications

Gautier, Pieter; Moraga-González, José Luis - 2004

We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...

Persistent link: https://www.econbiz.de/10011335208

All symmetric equilibria in differential games with public goods

Jaakkola, Niko; Wagener, Florian Oskar Ottokar - 2020

-like strategies, with deviations above and below the steady state leading to different responses. We extend the theory of differential …

Persistent link: https://www.econbiz.de/10012204634

Two-way flow networks with small decay

Jaegher, K. de; Kamphorst, Jurjen - 2010

This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small decay, and this for all increasing benefit functions of the players. We show that as long as the population is large enough, this set contains large- as well as small-diameter...

Persistent link: https://www.econbiz.de/10011382640

Is the service quality of private roads too Low, too high, or just right when firms compete stackelberg in capacity?

Berg, Vincent A. C. van den; Verhoef, Erik T. - 2011 - Version of 13 May 2011

We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...

Persistent link: https://www.econbiz.de/10011386470

Strategic wage setting and coordination frictions with multiple applications

Gautier, Pieter; Moraga-González, José Luis - 2004

Persistent link: https://www.econbiz.de/10002128050

Nash bargaining and the wage consequences of educational mismatches

Hartog, Joop; Sattinger, Michael - 2012

Persistent link: https://www.econbiz.de/10010190990

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