Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10010677831
This paper studies the existence of equilibrium solution concepts in a large class of economic models with discontinuous payoff functions. The issue is well understood for Nash equilibria, thanks to Reny's better-reply security condition ( Reny 1999) and its recent improvements (Barelli and...
Persistent link: https://www.econbiz.de/10012010064
preemption games, which often occur in the strategic real option literature. We provide a sound foundation for some workhorse …-perfect equilibria in preemption games and illustrate our findings by several explicit applications. …
Persistent link: https://www.econbiz.de/10010427195
Persistent link: https://www.econbiz.de/10009755704
preemption games, which often occur in the strategic real option literature. We provide a sound foundation for some workhorse …-perfect equilibria in preemption games and illustrate our findings by several explicit applications. …
Persistent link: https://www.econbiz.de/10010406213
Persistent link: https://www.econbiz.de/10011645958
Why do some innovators freely reveal their intellectual property? This empirical puzzle has been a focal point of debate in the R&D literature. We show that innovators may share proprietary technology with rivals for free - even if it does not directly benefit them - to slow down competition. By...
Persistent link: https://www.econbiz.de/10011866633
This paper studies the existence of equilibrium solution concepts in a large class of economic models with discontinuous payoff functions. The issue is well understood for Nash equilibria, thanks to Reny’s better-reply security con- dition ( Reny 1999) and its recent improvements (Barelli and...
Persistent link: https://www.econbiz.de/10011704653
Persistent link: https://www.econbiz.de/10011660157
preemption games, which often occur in the strategic real option literature. We provide a sound foundation for some workhorse …-perfect equilibria in preemption games and illustrate our findings by several explicit applications. …
Persistent link: https://www.econbiz.de/10010929863