Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10011741407
Persistent link: https://www.econbiz.de/10014328527
Persistent link: https://www.econbiz.de/10011980660
Persistent link: https://www.econbiz.de/10012549903
The entrant's integrative capability - the capability of a firm to integrate and link various activities - is a critical aspect of strategic changes but has been largely ignored in game-theoretic treatments. Including such integrative capability changes the nature of strategic dynamics and the...
Persistent link: https://www.econbiz.de/10014255942
While the existing literature has studied the impact of demand uncertainty extensively within various monopoly settings, there is little research on its impact among competitive retailers. In this paper, we study the effects of demand uncertainty reduction in a setting with two newsvendor...
Persistent link: https://www.econbiz.de/10014261964
Persistent link: https://www.econbiz.de/10010528686
We examine how disclosure policy can be optimally designed to incentivize contestants when their participation is exogenously stochastic. In a generalized Tullock contest setting with two players who are asymmetric in both their values and entry probabilities, we fully characterize the necessary...
Persistent link: https://www.econbiz.de/10012989371
Persistent link: https://www.econbiz.de/10011597363
We study tournaments where winning a rank-dependent prize requires passing a reserve---a minimum performance standard. Agents' performance is determined by effort and noise. For log-concave noise distributions the optimal reserve is at the modal performance, and the optimal prize scheme is...
Persistent link: https://www.econbiz.de/10013294504