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Optimal Advertisement Spending in a Duopoly with Incomplete Information

Shaikh, Nazrul I.; Castro, Luis E. - In: International Journal of Business Analytics (IJBAN) 5 (2018) 3, pp. 1-21

This article presents the relationship between a firm's advertisement spending and sales in a duopoly when information about the competitors' advertisement spending is unavailable. The competitive interaction between the firms has been modeled as imperfect information Cournot and Stackelberg...

Persistent link: https://www.econbiz.de/10012043204

Seitz und Stackelberg über das Oligopol / Seitz and Stackelberg on Oligopoly

Heertje, Arnold - In: Jahrbücher für Nationalökonomie und Statistik 218 (1999) 5-6, pp. 712-724

einen Überblick vom Standpunkt der Spieltheorie her. …

Persistent link: https://www.econbiz.de/10014608721

Erfordert die Europäische Währungsunion die Koordination der aktiven Arbeitsmarktpolitik in den Mitgliedsländern? / Does the EMU necessitate the Co-ordination of Active Labour Mark...

Jochem, Axel - In: Jahrbücher für Nationalökonomie und Statistik 219 (1999) 5-6, pp. 673-684

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

Classical, Modern, and New Game Theory / Klassische, Moderne und Neue Spieltheorie

Holler, Manfred J. - In: Jahrbücher für Nationalökonomie und Statistik 222 (2002) 5, pp. 556-583

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

Reputation, Drohungen und Vergeltung: Wiederholte Spiele als Bezugsrahmen für die Analyse von Markteintritten

Kohn, Karsten - In: Zeitschrift für Wirtschaftspolitik 63 (2014) 2, pp. 185-216

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

A Heuristic Approach for Ranking Items Based on Inputs from Multiple Experts

Xu, Dong; Shaikh, Nazrul I. - In: International Journal of Information Systems and Social … 9 (2018) 3, pp. 1-22

This article describes how rank aggregation focuses on synthesizing a single ranked list based on rankings supplied by multiple judges. Such aggregations are widely applied in the areas of information retrieval, web search, and data mining. The problem of rank aggregation has been shown to be...

Persistent link: https://www.econbiz.de/10012045773

Nonpoint Source Pollution When Polluters Might Cooperate

Millock, Katrin; Salanié, François - In: The B.E. Journal of Economic Analysis & Policy 5 (2005) 1

Abstract In a model of nonpoint source pollution, we extend the theory of ambient taxes to the case when polluters might cooperate. We show that regulation through ambient taxes is severely constrained when the degree of cooperation among polluters is unknown to the regulator. On the other hand,...

Persistent link: https://www.econbiz.de/10014586834

Rationalization and Incomplete Information

Battigalli, Pierpaolo; Siniscalchi, Marciano - In: Advances in Theoretical Economics 3 (2003) 1

We analyze a family of extensive-form solution procedures for games with incomplete information that do not require the specification of an epistemic type space a la Harsanyi, but can accommodate a (commonly known) collection of explicit restrictions D on first-order beliefs. For any fixed D we...

Persistent link: https://www.econbiz.de/10014588989

A systematic procedure for finding Perfect Bayesian Equilibria in Incomplete Information Games

Munoz-Garcia, Felix - In: Journal of Industrial Organization Education 6 (2012) 1

Abstract This paper provides a non-technical introduction to a procedure to find Perfect Bayesian equilibria (PBEs) in incomplete information games. Despite the rapidly expanding literature on industrial organization that uses PBE as its main solution concept, most undergraduate and graduate...

Persistent link: https://www.econbiz.de/10014613566

Bias and Size Effects of Price-Comparison Platforms: Theory and Experimental Evidence

García-Gallego, Aurora; Georgantzís, Nikolaos; … - In: Review of Network Economics 15 (2017) 1, pp. 1-34

Abstract We analyze the impact on consumer prices of some information characteristics of price-comparison search platforms. An equilibrium model where vendors compete in prices and consumers do not observe prices, but can obtain price information through a search platform, is developed. The...

Persistent link: https://www.econbiz.de/10014618876

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