Showing 21 - 30 of 278
Prior research, primarily based on laboratory experiments of children and students, suggests that women might be more averse to competition than are men; women might, instead, be more inclined toward collaboration. Were these findings to generalize to working-age men and women across the...
Persistent link: https://www.econbiz.de/10014343808
This paper studies the competition between Web 2.0 communities in a game theoretic framework. We model three important features of these institutions: (i) firms' content is usually user-generated; (ii) consumers' content preferences are governed by local network effects, and (iii) consumers have...
Persistent link: https://www.econbiz.de/10014181464
Whoever exists belongs to a species, which did not become extinct, has a (geno-)type, which should be well adjusted, and lives in a habitat which has been sustainable for a long time. We do not only analyze interspecies competition and the conditions for species survival, but also intraspecies...
Persistent link: https://www.econbiz.de/10014149382
Social comparison theories typically assume a comparable degree of competition between commensurate rivals on a mutually important dimension. In contrast, however, the following set of studies reveals that the degree of competition between such rivals depends on their proximity to a standard....
Persistent link: https://www.econbiz.de/10014027303
There are many laws which require sellers to disclose private information about the quality of their products. But the theoretical justification for these laws is not obvious: economic theory predicts that a seller will voluntarily disclose such quality information, however unfavorable, as long...
Persistent link: https://www.econbiz.de/10014028445
I develop a dynamic investment game with a "memoryless" R&D process in which an incumbent and an entrant can invest in a new technology, and the entrant can also invest in the old technology. I show that an increase in the probability of successfully implementing a technology can cause the...
Persistent link: https://www.econbiz.de/10013074109
We study the following game: each agent i chooses a lottery over nonnegative numbers whose expectation is equal to his budget b_i. The agent with the highest realized outcome wins (and agents only care about winning). This game is motivated by various real-world settings where agents each choose...
Persistent link: https://www.econbiz.de/10013076649
The pioneering Pasternack returns-policy model (1985, 2008b) analyzed channel-coordination with a single supplier catering to a retailer facing stochastic demand for a perishable product with a fixed price, and showed that giving partial returns of unsold stock to the retailer is the optimal...
Persistent link: https://www.econbiz.de/10013152820
This chapter surveys recent theoretical developments in the intersection of price discrimination and imperfect competition, emphasizing how the introduction of competition fundamentally alters some well-established results derived from models of monopoly pricing
Persistent link: https://www.econbiz.de/10013058619
We examine optimal effort choice in a competition model where the agents are averse to low relative status and to exerting excessive effort. The game has a unique pure strategy Nash equilibrium. When the agents are homogeneous, a stronger competition incentive induces higher effort levels and...
Persistent link: https://www.econbiz.de/10013289281