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Systemic Risk in a Unifying Framework for Cascading Processes on Networks
Lorenz, Jan; Battiston, Stefano; Schweitzer, Frank - Department of Management, Technology and Economics …
We introduce a general framework for models of cascade and contagion processes on networks, to identify their commonalities and differences. In particular, models of social and financial cascades, as well as the fiber bundle model, the voter model, and models of epidemic spreading are recovered...
Persistent link: https://www.econbiz.de/10011161407
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Neighborhood models of minority opinion spreading
Tessone, C. J.; Toral, R. - Society for Computational Economics - SCE - 2004
We introduce neighborhood models that account for local spatial effects in Galam's model [1] of minority opinion spreading. This model describes the spread of a minority opinion, incorporating absic mechanisms of social inertia, resulting in democratic rejection of social reforms initially...
Persistent link: https://www.econbiz.de/10005345264
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European competitiveness report 2003
Europäische Kommission - 2003
Persistent link: https://www.econbiz.de/10009637723
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The Potential for Competition between Pharmacies in Germany
Coenen, Michael; Haucap, Justus; Herr, Annika; … - 2011
This paper analyses the institutional framework for pharmacies in Germany and competition in that sector, which is … characterized by significant competition deficits. Based on our diagnosis and findings the advantages and disadvantages of two …
Persistent link: https://www.econbiz.de/10010305916
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Can being behind get you ahead? : reference dependence and asymmetric equilibria in an unfair tournament
Bergerhoff, Jan; Vosen, Agnes - 2015
Everyone remembers a plot where a disadvantaged individual facing the prospect of failure, spends more effort, turns around the game and wins unexpectedly. Most tournament theories, however, predict the opposite pattern and see the disadvantaged agent investing less effort. We show that 'turn...
Persistent link: https://www.econbiz.de/10011430528
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Competition and market strategies in the Swiss fixed telephony market
Balmer, Roberto E. - 2015
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …
Persistent link: https://www.econbiz.de/10011433008
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Competition in treasury auctions
Elsinger, Helmut; Schmidt-Dengler, Philipp; Zulehner, … - 2016
We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011436067
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The public economics of electricity policy with Philippine applications
Ravago, Majah-Leah; Roumasset, James Alan - 2016
Persistent link: https://www.econbiz.de/10011541475
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A theory of media self-silence
Andina-Díaz, Ascensión; García Martínez, José A. - 2015
Persistent link: https://www.econbiz.de/10011546793
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Are immigrants competing with natives in the Italian labour market? : the employment effect
Venturini, Alessandra; Villosio, Claudia - 2002
Gavosto, Venturini, Villosio (1999) find that the impact of foreign workers on the wage of natives was positive. Such a result was partly to be expected, and therefore the effect of immigrants on native employment is analyzed here. Two aspects of the unemployment experience are taken into...
Persistent link: https://www.econbiz.de/10011410707