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A Coase Theorem Based on a New Concept of theCore
Zheng, Charles Zhoucheng - Iowa State University of Science and Technology <Ames, … - 2010
The core is reformulated to incorporate the externality typical in strategic formgames. Any coalition of players may … deviate by trying to commit to a profile of actionsdifferent from a status quo. The outsiders of the coalition may take a … coordinatedmeasure, incentive-feasibly for themselves, to preempt the coalition’s commitment. If acoalition succeeds in committing to its …
Persistent link: https://www.econbiz.de/10009360771
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When to Coalesce: Early versus Late CoalitionAnnouncement in an Experimental Democracy
Goodin, Robert E.; Güth, Werner; Sausgruber, Rupert - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …
a coalition agreement, pre-election coalitions of onesort or another are actually quite common. In almost half of the … we shall instead look more at the agent-level logic of ‘early’ (pre-election)versus ‘late’ (post-election) coalition …
Persistent link: https://www.econbiz.de/10005866941
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Are the Treasures of Game Theory Ambiguous?
Eichberger, Jürgen; Kelsey, David - Alfred-Weber-Institut für Sozial- und …; … - 2008
Goeree & Holt (2001) observe that, for some parameter values, Nash equilibrium providesgood predictions for actual behaviour in experiments. For other payoff parameters, however,actual behaviour deviates consistently from that predicted by Nash equilibria. They attributethe robust deviations...
Persistent link: https://www.econbiz.de/10009262201
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Coordination after gains andlosses: Is prospect theory’s valuefunction predictive for games?
Schade, Christian; Schröder, Andreas; Krause, Kai Oliver - Universität <Berlin, Humboldt-Universität> / … - 2010
Wir präsent ieren eine Verhaltensvariante der Spieltheorie, die auf der Wertfunktion der Prospekttheorie …
Persistent link: https://www.econbiz.de/10009302578
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The Origins of Fair Play
Binmore, Ken - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
This lecture is a brief overview of an evolutionary theory of fairness. The ideasare fleshed out in a book Natural Justice, which is itself a condensed versionof an earlier two-volume book Game Theory and the Social Contract (Binmore[14, 12, 13])...
Persistent link: https://www.econbiz.de/10005865994
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Conventions for Selecting Among Conventions :An Evolutionary and Experimental Analysis
Büchner, Susanne; Güth, Werner; Miller, Luis M. - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2007
Conventions can be narrowly interpreted as coordinated ways of equilibriumplay, i.e., a specific convention tells all players in a game withmultiple strict equilibria which equilibrium to play. In our view, coordinationoften takes place before learning about the games. Thus, one hasto coordinate...
Persistent link: https://www.econbiz.de/10005866835
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The value relevance of corporate taxation in Europe:Tax harmonization vs. tax competition
Grambovas, Christos A. - Manchester Business School - 2006
This paper examines the effects of corporate income taxation on equity prices. There is a current European-wide debate between advocates of tax harmonization and supporters of tax competition. Due to that, the level of importance of corporate taxes on the market value of European firms gathers...
Persistent link: https://www.econbiz.de/10005870095
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Quasirenten, Prüferwechsel und rationale Adressaten
Stefani, Ulrike - 1999
In der Literatur zur Abschlußprüfung ist ein negativer Effekt eines ökonomischen Vorteils aus der wiederholten Mandatsannahme, der aufgrund von Transaktionskosten entsteht, auf die Unabhängigkeit des Abschlußprüfers diskutiert worden. Anders als die bisher vorgestellten Ansätze wird im...
Persistent link: https://www.econbiz.de/10005840363
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Competitive Strategies of Former Monopolists in Liberalized LetterMarkets
Dietl, Helmut; Waller, Peter - 2002
The successful deregulation of other network industries like telecommunications and electricity has put increasing pressure on governments to deregulate and liberalize letter markets.(...)
Persistent link: https://www.econbiz.de/10005844436
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Beiträge zur Verhandlungstheorie
Berg, Christoph - 1999
Die vorliegende Arbeit besteht aus drei eigenständigen Teilen, die sich in ihrer Form jeweils an wissenschaftlichen Aufsätzen orientieren. Es wird jeweils ein Modell zu den wichtigsten Verhandlungsformen {bilateral, monopolistisch und polylateral) vorgestellt, analysiert und diskutiert.(...)
Persistent link: https://www.econbiz.de/10005844503