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Information Sharing and Cooperative Search in Fisheries
Evans, Keith; Weninger, Quinn - Iowa State University of Science and Technology <Ames, … - 2010
members of an information sharingCooperative. Once collected, information about the location of productive sh-ing sites is an … excludable public good. We show that independent shermen donot internalize the full value of information and do not replicate rst …-best searchpatterns. An information sharing Cooperative faces a free-riding problem as eachmember prefers that another undertake costly …
Persistent link: https://www.econbiz.de/10009360718
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Fear of Crashes and Over-Reaction to Bad Shocks
Cujean, Julien; Hasler, Michael - National Centre of Competence in Research - Financial … - 2011
Our purpose is to show how large difference of beliefs induced by fear of crashesis amenable to large and persistent price responses to contemporaneous shocks. Weconstruct a pure exchange economy populated by two agents who estimate strictlydifferent models regarding the fundamental. In...
Persistent link: https://www.econbiz.de/10009486814
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Financial Markets Equilibrium with Heterogeneous Agents
Cvitanić, Jakša; Jouini, Elyès; Malamud, Semyon; … - National Centre of Competence in Research - Financial … - 2011
This paper presents an equilibrium model in a pure exchange economywhen investors have three possible sources of heterogeneity. Investorsmay differ in their beliefs, in their level of risk aversion andin their time preference rate. We study the impact of investors heterogeneityon equilibrium...
Persistent link: https://www.econbiz.de/10009486816
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Effective equity experiences from an ultimatum experiment
Güth, Werner; Kovács, Judit - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …
,questions whether norm deviations can be detected and thus punished. By investing in information acquisition, aresponder in an ultimatum … can be rather high (‘high payoff mode’) orlow (‘low payoff mode’). The responder can buy information about the proposer … buy reward information (30 out of 55). Buyingreward information on average did not help the responder nor did it improve …
Persistent link: https://www.econbiz.de/10005866948
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Fair Distribution of Efficiency Gains in supply networks from a Cooperative Game theory Point of View
Zelewski, Stephan; Peters, Malte L. - Institut für Produktion und Industrielles … - 2010
In this paper, the authors address the distribution of efficiency gains among partially autonomous supply networkactors in a manner they will accept as fair and as an incentive to cooperation. The problem is economicallysignificant because it requires substantiating efficiency gains in an...
Persistent link: https://www.econbiz.de/10008939850
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Risk and Capacity Management in Logistics Networks: The Example of Global Container Operators
Zelewski, Stephan; Klumpp, Matthias; Hohmann, Susanne - Institut für Produktion und Industrielles … - 2008
Capacity management modelling is a broad field with a huge number of discussion areas andcontributions. Though if applied towards service processes there are even smaller numbers ofmodels and contributions as e.g. gap and yield management models for service production. Furtheron such model...
Persistent link: https://www.econbiz.de/10009004983
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FAIRNESS: A CHALLENGE FOR THE DISTRIBUTIONOF COOPERATION GAINS IN VALUE CHAINS
Zelewski, Stephan; Jene, Susanne - Institut für Produktion und Industrielles … - 2011
Most scientific publications on the subject of value chain management only analyze which structures,processes and actions can contribute to the creation of cooperation gains. How the distribution of cooperationgains that were collectively achieved can influence the stability of such a...
Persistent link: https://www.econbiz.de/10009360757
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Fair Distribution of Profit in Supply Chains
Jene, Susanne; Zelewski, Stephan - Institut für Produktion und Industrielles … - 2011
Most scientific publications on the subject of supply chain management only analyzewhich structures, processes and actions can contribute to value creation, oftendisregarding the distribution of profits collectively achieved in a network ofautonomous actors. Distributive justice, or fair...
Persistent link: https://www.econbiz.de/10009360758
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MORE NONCONCAVITIES IN INFORMATION PROCESSINGFUNCTIONS
Lindstädt, Hagen - Institut für Angewandte Betriebswirtschaftslehre, … - 2001
The productivity of (human) information processing as an economicactivity is a question that is raising some interest …
Persistent link: https://www.econbiz.de/10009005124
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Rationale Alternativensuche und die Gestalt von Informationswertfunktionen
Lindstädt, Hagen - Institut für Angewandte Betriebswirtschaftslehre, … - 1998
Informationen, und dem erzielten Infor-mationswert erforderlich. Nach einem bemerkenswerten Ergebnis von Radner und Stiglitz ist die … Informationswertfunktion unter bestimmten Bedingungen in einer Umgebung des Nullpunktes („keine Information“) konvex, so daß sich steigende …
Persistent link: https://www.econbiz.de/10009005129