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We consider pursuit and evasion differential game problems described by an infinite system of differential equations … an attempt has been made to solve an evasion problem under the condition that the total resource of the Pursuers is less … then that of the Evader and a pursuit problem when the total resource of the Pursuers greater than that of the Evader. The …
Persistent link: https://www.econbiz.de/10008853035
We propose an infinite-horizon quantity-setting differential game with learning spillovers and organizational forgetting to analyze the optimal management decisions affecting the evolution of the stock of know-how, and, in turn, the dynamics of productive efficiency. Specifically, we study the...
Persistent link: https://www.econbiz.de/10010849056
This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments...
Persistent link: https://www.econbiz.de/10008773990
We investigate a simple motion pursuit-evasion differential game of one Pursuer and one Evader. Maximal speeds of the … Pursuer. Necessary and sufficient conditions to complete pursuit from both fixed initial position and all initial positions …
Persistent link: https://www.econbiz.de/10008853036
Der vorliegende Diskussionsbeitrag entstand im Rahmen eines Forschungsprojektes über die monetäre Integration von fünf mittel- und osteuropäischen EU-Beitrittskandidaten (Polen, Tschechische Republik, Ungarn, Slowenien und Estland). Das hier vorgestellte Kapitel geht auf die...
Persistent link: https://www.econbiz.de/10008462112
Despite descriptive empirical evidence on start-up numbers and survival rates of young firms, the interaction of market entry decisions and reactions of incumbent competitors is still insufficiently understood in the entrepreneurship literature. Repeated games offer a suitable theoretical...
Persistent link: https://www.econbiz.de/10010892212
the risk of political capture. In particular, this stylized fact holds when we use the location of a state’s centroid and … the capture hypothesis. Finally, we provide some evidence that these patterns are associated with lower levels of public …
Persistent link: https://www.econbiz.de/10010936505
the risk of political capture. In particular, this stylized fact holds when we use the location of a state’s centroid and … the capture hypothesis. Finally, we provide some evidence that these patterns are associated with lower levels of public …
Persistent link: https://www.econbiz.de/10010936507
increase local capture and uncoordinated bribe taking across government levels. This paper estimates the effect of …, and not necessarily due to greater local capture. …
Persistent link: https://www.econbiz.de/10010950532
Conventional capture models rely on the idea that regulator is induced to lenient behavior by the regulated firm … costly capture, the political principal should then either implement collusion-proof mechanisms through the delegation of … welfare gains, or severely restrict the career paths of regulatory staff. The paradox of capture is that neither the two modes …
Persistent link: https://www.econbiz.de/10010927734