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How to compensate people who provide relevant information to a decision-maker who faces uncertainty?This paper suggests …
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unaided expert opinion are inappropriate to forecasting in situations with high complexity and much uncertainty. Our audit of …
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A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests various market structures using either open-loop or feedback strategies. The theoretical properties of this model are described. For given observed behavior, the assumption of...
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This paper extends the Stahl-Rubinstein model of bilateral bargaining to incorporate many players and multidimensional issue spaces. A central feature of our framework is that in each round of negotiations, a proposer is selected randomly. Our bargaining model consists of a sequence of...
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. There is, however, no empirical evidence to support this argument. This study uses 269 Japanese investments made in the US … investments to enter the US. …
Persistent link: https://www.econbiz.de/10005207494