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This paper studies the problem of information revelation in a multi-stage tournament where the agents' effort in each stage gives rise to a stochastic performance signal privately observed by the principal. The principal controls the agents' effort incentive through the use of a feedback policy,...
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Game Theory describes human interaction involving conflict, cooperation and competition, the term Interpersonal Decision Theory is synonymous. The term reflects the fact that most essential features of this field are manifested in parlor games. This topic-level treatment covers large parts of...
Persistent link: https://www.econbiz.de/10010272574
by a methodology of causal reconstruction that operates with the concept of mechanisms. A mechanism is a process in which … individual cases to a general category. Except for the literature dealing specifically with the concept, the term 'mechanism' is …
Persistent link: https://www.econbiz.de/10012218955
The development of a methodology for the growth of the stock market through a deep transformation of the economic development system and introduction of digital technologies. The article is devoted to the study of the development of stock markets' actual problems that affect the redistribution...
Persistent link: https://www.econbiz.de/10013201307
autonomy. The conditions for the development of innovation within the cluster, as well as the mechanism for creating the …
Persistent link: https://www.econbiz.de/10013204618
Over the years, universities have been considered as research centers that seek to collaborate with industries to create innovative products. This link has generated many concepts, among them being the concept of technology transfer. The objective of this work is to present a systematic review...
Persistent link: https://www.econbiz.de/10012611975
the enterprise. Therefore, the important step is the application the mechanism of counteraction to the influence of … external and internal threats. The mechanism for countering threats to the financial security of a high-tech enterprise …
Persistent link: https://www.econbiz.de/10012703581
Different evaluators typically disagree how to rank different candidates since they care more or less for the various qualities of the candidates. It is assumed that all evaluators submit vector bids assigning a monetary bid for each possible rank order. The rules must specify for all possible...
Persistent link: https://www.econbiz.de/10010286461
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