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The Internet industry has realized the importance of provisioning different quality of service to different applications. This paper proposes the integrated differentiated services that achieves the efficient throughput allocation without significant queue management or real-time pricing costs....
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This paper develops a model in which competing governments offer financial incentives to induce individual firms to locate within their jurisdictions. Equilibrium is described under three specifications of the supplementary taxes. There is no misallocation of capital under two of these...
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If the agent's preference relation satisfies a strict monotonicity condition in common agency under the asymmetric information, the set of all equilibrium allocations in the menu game where menus of contracts are allowed coincides with the set of all equilibrium allocations in the single...
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