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networks. Moreover, the payoffs received by the agents coincide with their Shapley value in an appropriately defined …
Persistent link: https://www.econbiz.de/10005247843
Most studies find no collusion in tournaments. This result suggests that social preferences are irrelevant in this … tournaments. Moreover, we observe that collusion between the agents and reciprocity towards the principal are mutually exclusive. …
Persistent link: https://www.econbiz.de/10008462977
Persistent link: https://www.econbiz.de/10009765394
Utilizing an established economic framework grounded in Becker's (1981) path-breaking analysis of altruism and envy within the family, this paper explores the determinants of hate crimes, also known as bias-motivated crimes. Making use of a unique data set on hate crimes compiled by the FBI, we...
Persistent link: https://www.econbiz.de/10005466772
In this paper we extend Kreps and Scheinkam's (1983) results to mixed-duopolies with linear demands and constant unit costs. We show that quantity precommitment and Bertrand competition yield to Cournot outcomes not only in the case of private firms but also when a public firm is involved.
Persistent link: https://www.econbiz.de/10015240506
The theory of geographical markets is based on the notion that economic activity is not evenly spread and regional inequalities have an impact on the decisions of economic agents. Retail gasoline markets are almost perfect examples of geographical markets. The gasoline sold by the stations is a...
Persistent link: https://www.econbiz.de/10010494489
The theory of geographical markets is based on the notion that economic activity is not evenly spread and regional inequalities have an impact on the decisions of economic agents. Retail gasoline markets are almost perfect examples of geographical markets. The gasoline sold by the stations is a...
Persistent link: https://www.econbiz.de/10009154762