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We first analyze a pure bargaining problem where n players can split a pie on a unanimous agreement. All players have the same utility function of the form $\delta s$ where $s$ is the share of a player and $\delta$ the discount factor. We present four simple bargaining processes where a player's...
Persistent link: https://www.econbiz.de/10009441907
negotiating with broadcasters.The second essay extends the bargaining theory developed in the first essay to multiple …
Persistent link: https://www.econbiz.de/10009441960
This thesis reviews the contemporary work in the area of the role of conjectural variations on the equilibrium price and quantity, in models of the oligopolistic industry. Industry is shown to be capable of producing from the competitive output, to the monopolistic, depending on the conjectural...
Persistent link: https://www.econbiz.de/10009431567
Innovation is a scarce resource--in order for innovation to occur, a country must forgo something else. In the international trade literature, the sacrifice is usually in terms of inputs that could have been used in production. However, to imply that innovation depends on productive resources...
Persistent link: https://www.econbiz.de/10009431622