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Game theory and econometrics are central tools in economic analysis. In this paper, we study what happens if players in a game use econometric tools to form their opinion about the other players' behavior. In particular, we analyze the case where each player observes a number of outcomes of a...
Persistent link: https://www.econbiz.de/10013242842
Tucker's well-known combinatorial lemma states that for any given symmetric triangulation of the n-dimensional unit cube and for any integer labeling that assigns to each vertex of the triangulation a label from the set {1,2,...n,-1,-2,....-n} with the property that antipodal vertices on the...
Persistent link: https://www.econbiz.de/10011373836
Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...
Persistent link: https://www.econbiz.de/10011380731
Persistent link: https://www.econbiz.de/10009657274
Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...
Persistent link: https://www.econbiz.de/10014194624
Persistent link: https://www.econbiz.de/10000893820
Persistent link: https://www.econbiz.de/10000896706
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