externalities, however, efficiency may no longer be guaranteed.This dissertation shows that a modification of Ausubel & Milgrom … presence of externalities, the resulting auction possessesan efficient Nash equilibrium in pure strategies leading to a core … strategy. The auction is augmented to includeexplicitly the auctioneer's preferences over final outcomes. Externalities …

.Extending the duopoly model to the oligopoly case the results present that each additional competitor delays the first market … profitability on the optimal market entry timing and firm values. The duopoly model shows the existence of three types of … that continuation may disappear in some subgames of the market entry game in an oligopoly as a result of which no closed …

This thesis consists of two parts, which are connected by an introduction on auction and oligopoly markets and a short …

'public finance', 'political economy', 'growth theory', 'human capital theory', and 'innovation-driven growth theory …'.The first project reveals that the prevailing notion of education externalities is misleading and therefore empirical … externalities of education according to Lucas (1988) are likely to be internalized on the labor market. Education is recognized as a …

of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader … conducted. A distinction is made between two types of appropriation externalities: those that are restricted to a single period …

differentiation the duopoly is subsidized or the government remains inactive. In contrast, the monopoly is always subsidized. The … government with a duopoly may be active or inactive depending on the degree of product differentiation. Thus, we may observe a …

productivity. It takes the notion of local human capital externalities as its core theoretical concept, which contends that … respect to Germany, the notion of local human capital externalities is of potential relevance since average levels of … regional productivity can be assigned to local human capital externalities and sheds light on the microeconomic mechanisms …