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Abstract 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...
Persistent link: https://www.econbiz.de/10014630806
einen Überblick vom Standpunkt der Spieltheorie her.  …
Persistent link: https://www.econbiz.de/10014608721
Zusammenfassung Durch den Vertrag von Amsterdam vom 2. Oktober 1997 wurde der acquis communautaire der Europäischen Union um ein Kapitel zur gemeinsamen Beschäftigungspolitik erweitert. Ihr Schwerpunkt liegt in der aktiven Arbeitsmarktpolitik. Die vorliegende Arbeit geht der Frage nach,...
Persistent link: https://www.econbiz.de/10014608735
Zusammenfassung Im folgenden Überblick zur Geschichte der Spieltheorie stehen die unterschiedlichen Annahmen über die … Entwicklung der Spieltheorie begleiteten und zu dem führten, was viele als ihren Fortschritt ansehen. Die erste Stufe der … Entwicklung, die Klassische Spieltheorie, ist durch John von Neumanns und Oskar Morgensterns Werk „Game Theory and Economic …
Persistent link: https://www.econbiz.de/10014608902
An important decision facing retailers is the level of price promotions or "sales" to have in their retail prices. In this paper, we consider the use of promotion-free (PF) retail pricing by stores selling durable products, where PF pricing means that the retailer does not use or advertise price...
Persistent link: https://www.econbiz.de/10014619493
In the online world, publishers place ads from advertisers adjacent to internet search results for a given keyword. To sell such advertising, web publishers auction multiple ad slots using a generalized second-price auction. In this paper, we compare two auction policies that publishers can use...
Persistent link: https://www.econbiz.de/10014619503
Quantitative economics has advanced dramatically in the past eighty years and much of this took place in the three decades following World War II. Many contributions were initiated and sponsored by the defense community. For the resolution of major military management and planning problems it...
Persistent link: https://www.econbiz.de/10014621094
Purpose – The purpose of this paper is to analyze a market for microfinance in a region of a developing nation in which all projects are either of high or low quality. There is adverse selection because only borrowers know whether their project is of high or low quality but the microfinance...
Persistent link: https://www.econbiz.de/10014667090
Examines the dynamics of knowledge sharing using the multi‐person game‐theoretic framework. Proposes that an individual’s knowledge sharing tendency is driven by a set of contextualised concerns and interests not unlike the notion of payoff in game theory. Furthermore, the decision to...
Persistent link: https://www.econbiz.de/10014671369
Views Game Theory, as a long‐time companion model and guide for the exploration of negotiations, as having not only reached its limits but, perhaps, as having become counter‐productive in the search for greater understanding and skill. Suggests that a more powerful heuristic model may be...
Persistent link: https://www.econbiz.de/10014714687