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On the (Non)-Lattice Structure of Equilibrium Sets in Games with Strategic Substitutes
Roy, Sunanda - 2020
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
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Elementary game theory
Soni, Himanshu; Sharma, Damini - Volkswirtschaftliche Fakultät, … - 2015
The theory of games (or game theory) is a mathematical theory that deals with the general features of competitive situations. It involves strategic thinking, and studies the way people interact while making economic policies, contesting elections and other such decisions. There are various types...
Persistent link: https://www.econbiz.de/10011166059
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A Simple Bargaining Model where Parties Make Errors
Van Essen, Matthew - Volkswirtschaftliche Fakultät, … - 2014
In this paper, we develop a bargaining model where parties (or their intermediaries) make errors when reporting their bid. We characterize the Nash equilibria of the game and show that there is a unique equilibrium where trade takes place. This trade equilibrium is shown to converge to the Nash...
Persistent link: https://www.econbiz.de/10011108870
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Coopetitive games and global green economy
Carfì, David; Schilirò, Daniele - Volkswirtschaftliche Fakultät, … - 2011
The paper aims at providing a Game Theory model of coopetition which addresses the problem of the global Green Economy. The Green Economy is a theoretical model of sustainable development. This sustainable development model should lead to reduce emissions of greenhouse gases, determine the...
Persistent link: https://www.econbiz.de/10009151576
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An Algorithm for payoff space in C1 parametric games
Carfì, David; Ricciardello, Angela; Agreste, Santa - Volkswirtschaftliche Fakultät, … - 2011
applied to several examples. The implementation of the algorithm gives the parametric expressions of the critical zone of any …
Persistent link: https://www.econbiz.de/10009151286
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Partially Honest Nash Implementation: A Full Characterization
Lombardi, Michele; Yoshihara, Naoki - Volkswirtschaftliche Fakultät, … - 2011
) implementation with partially honest agents when there are three or more participants. First, it establishes a condition which is … necessary and sufficient for implementation. Second, it provides simple tests for checking whether or not a social choice … correspondence can be implemented. Their usefulness is shown by examining implementation in a wide variety of environments. …
Persistent link: https://www.econbiz.de/10011258792
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Essays on Experimental Investigation of Lottery Contests
Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009
A contest is a situation in which individuals or groups expend costly resources while competing to win a specific prize. The variety of economic situations that can be described as contests has attracted enormous attention from economic theorists. Despite the extensive theoretical research of...
Persistent link: https://www.econbiz.de/10011259262
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Schemat arbitrażowy Nasha, a podział zysków w bilateralnym monopolu kopalni węgla brunatnego i elektrowni. Cześć druga – zastosowania w negocjacjach strategicznych i taktycznych...
Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
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Game complete analysis of symmetric Cournot duopoly
Carfì, David; Perrone, Emanuele - Volkswirtschaftliche Fakultät, … - 2012
In this paper we apply the Complete Analysis of Differentiable Games (introduced by D. Carfì in [3], [6], [8], [9], and already employed by himself and others in [4], [5], [7]) to the classic Cournot Duopoly (1838), classic oligopolistic market in which there are two enterprises producing the...
Persistent link: https://www.econbiz.de/10009397178
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Cena węgla brunatnego jako wyznacznik podziału zysku w układach kopalń i elektrowni. Część III – Obliczenia cen i zysków dla hipotetycznych danych.
Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006
For the hypothetical deposit with parameters similar to KWB “Konin” S.A. conditions; lignite prices and proposed divisions are calculated and results were discussed under the angle of the fairness (equity) of the division and the possibility of their approval by both sides. A sensitivity...
Persistent link: https://www.econbiz.de/10005790457