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Persistent link: https://www.econbiz.de/10012662343
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …
Persistent link: https://www.econbiz.de/10005002279
Even though small- and medium-sized firms (SMEs) were believed not to proceed beyond exporting in their internationalization routes, we can observe new types of co-operation intensive entrepreneurial firms – so-called “micromultinational enterprises” (mMNEs) – entering the global...
Persistent link: https://www.econbiz.de/10010271408
simulated pricing scenarios, the impacts on economic efficiency and social welfare. In the second part, game theory was used to …
Persistent link: https://www.econbiz.de/10014486074
We analyze the behavior of electricity generation groups that make investment and production decisions in a liberalized market scenario by introducing long-term contracts, in a context where there is a high level of market concentration. In this way, a dynamic deterministic model of imperfect...
Persistent link: https://www.econbiz.de/10014494507
We analyze the behavior of electricity generation groups that make investment and production decisions in a liberalized market scenario by introducing long-term contracts, in a context where there is a high level of market concentration. In this way, a dynamic deterministic model of imperfect...
Persistent link: https://www.econbiz.de/10012258713
simulated pricing scenarios, the impacts on economic efficiency and social welfare. In the second part, game theory was used to …
Persistent link: https://www.econbiz.de/10014232316
The two most fundamental questions in cooperative game theory are: When a game is played, what coalitions will be … bargaining set, which is the first solution concept in cooperative game theory that simultaneously provides answers to both of …
Persistent link: https://www.econbiz.de/10005593467
development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one … be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as … a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature …
Persistent link: https://www.econbiz.de/10005756478
The results are presented from several experiments. They include the selection of points in the core, interpersonal comparisons of utility, and the reconsideration of Stone results on prominence in contrast with symmetry.
Persistent link: https://www.econbiz.de/10005762670