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sets simulated for Full Signal Detection Theory and its special cases of standard Signal Detection Theory and Complementary … Signal Detection Theory. …
Persistent link: https://www.econbiz.de/10009441534
Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...
Persistent link: https://www.econbiz.de/10009450772
preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … dependence compared to classical models of expected utility theory. It is shown that some empirical puzzles concerning … utility theory are met. It is shown that the methodological concerns are empirically relevant when a classification of …
Persistent link: https://www.econbiz.de/10009482308
modification of the available theory is needed: we need to relax the assumption that the game starts in a given period. Under this …
Persistent link: https://www.econbiz.de/10012530129
This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546
"Good work" is interpreted from an employer's and a worker's viewpoint. An economic experiment on the existence of … their duration is subject of a second theoretical model. An experiment yields further insights to this topic. …
Persistent link: https://www.econbiz.de/10009434478
Process models are used by information professionals to convey semantics about the business operations in a real world domain intended to be supported by an information system. The understandability of these models is vital to them being used for information systems development. In this paper,...
Persistent link: https://www.econbiz.de/10009438157
Overexploitation of coastal aquifers may lead to seawater intrusion, which irreversibly degrades groundwater. The seawater intrusion process may imply that its consequences would not be perceptible until after decades of accumulated overexploitation. In such a dynamic setting, static...
Persistent link: https://www.econbiz.de/10009442659
collusive equilibrium is more difficult to sustain when delta* increases. However, according to standard theory the distance …
Persistent link: https://www.econbiz.de/10009471758
and down movement of prices. We can explain tacit coordination in our experiment with an extended learning direction model …
Persistent link: https://www.econbiz.de/10009471841