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Determinants of the influence of voters and interest groups on the political decision making process

Bischoff, Ivo - Fachbereich Wirtschaftswissenschaften, … - 2001

This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...

Persistent link: https://www.econbiz.de/10008564779

Taxation, imperfect competition, and discontinuities

Alm, James; Thorpe, Steven - In: International Tax and Public Finance 2 (1995) 3, pp. 419-438

Persistent link: https://www.econbiz.de/10005711285

Variational optimization of probability measure spaces resolves the chain store paradox

Gagen, Michael; Nemoto, Kae - Volkswirtschaftliche Fakultät, … - 2006

In game theory, players have continuous expected payoff functions and can use fixed point theorems to locate equilibria … significant implications for economics, artificial intelligence, complex system theory, neurobiology, and biological evolution and …

Persistent link: https://www.econbiz.de/10005837506

Characterizations of the Existence of Nash Equilibria with Non-convex Strategy Sets

Nessah, Rabia; Kerstens, Kristiaan - IÉSEG School of Management, Université Catholique de Lille - 2008

A sufficient and necessary condition is presented for the existence of a Nash equilibrium in n-person noncooperative games in normal form where strategy sets are not necessarily convex. Under the convexity condition, we show that this new sufficient and necessary condition is a particular case...

Persistent link: https://www.econbiz.de/10008477287

Sustaining Free Trade with Imperfect Private Information about Non-Tariff Barriers

Park, Jee-Hyeong - Econometric Society - 2004

This paper examines the issue of sustaining free trade when countries receive imperfect private information about each otherâ€™s non-tariff barriers. Because the countries can misrepresent their private belief about other countriesâ€™ protection levels, the punishment scheme to deter...

Persistent link: https://www.econbiz.de/10005342335

Wage Flexibility in Ongoing Employment Relations - An Experiment with a Stochastic Labor Market -

Berninghaus, Siegfried K.; Bleich, Sabrina; Gueth, Werner - Wirtschaftswissenschaftliche Fakultät, … - 2007

Facing a stochastic market wage, which is independent of their own hiring policy, employers offer contracts specifying ï¬xed wage, revenue share and employment duration. In ongoing employment relations it depends on the treatment whether ï¬xed wages can be only increased or also decreased....

Persistent link: https://www.econbiz.de/10005032003

"Colonel Blotto"-Koalitionsspiele mit Anwendung auf die ökonomische Theorie von Allianzen

Kovenock, Dan; Roberson, Brian - Abteilung "Marktprozesse und Steuerung", … - 2008

This paper examines a multi-player and multi-front Colonel Blotto game in which one player, A, simultaneously competes in two disjoint Colonel Blotto games, against two separate opponents, 1 and 2. Prior to competing in the games, players 1 and 2 have the opportunity to form an alliance to share...

Persistent link: https://www.econbiz.de/10009367901

Terrorists versus the Government

Siqueira, Kevin; Sandler, Todd - In: Journal of Conflict Resolution 50 (2006) 6, pp. 878-898

This article focuses on the strategic interaction between a terrorist group and a government as both vie for grassroots support. When terrorists and the government act contemporaneously, the equilibrium outcome depends on the effectiveness of the governmentâ€™s countermeasures and the...

Persistent link: https://www.econbiz.de/10011136289

Game Theory:A Nontechnical Introduction to the Analysis of Strategy

McCain, Roger A - World Scientific Publishing Co. Pte. Ltd.

The objective of the third edition of <i>Game Theory: A Nontechnical Introduction to the Analysis of Strategy</i> is to … introduce the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Relying on the Karplus …</li> <li>Three-Person Games</li> <li>Probability and Game Theory</li> <li>Mixed Strategy Nash Equilibria</li> <li …

Persistent link: https://www.econbiz.de/10011156401

Biform Games

Brandenburger, Adam; Stuart, Harborne - In: Management Science 53 (2007) 4, pp. 537-549

Both noncooperative and cooperative game theory have been applied to business strategy. We propose a hybrid …

Persistent link: https://www.econbiz.de/10009214729