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This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546
modification of the available theory is needed: we need to relax the assumption that the game starts in a given period. Under this …
Persistent link: https://www.econbiz.de/10012530129
The coordination plays central role in the economics. The conventional economic theory looks at the market and … enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern … organization theory, price theory and institutional economics show that different types (not only market and enterprise, but also …
Persistent link: https://www.econbiz.de/10009442656
the SAGs, is the economic theory of the costs of transactions (ECT). The understanding of production systems requires a … order to minimize the costs of transactions. Another theory is of great importance to economic theory of the convention … coordination. Conducting joint analysis of these theories set up new structures of minimized governing of the costs of transactions …
Persistent link: https://www.econbiz.de/10009442797
suggests that even small amounts of cooperation can avoid some of the worst invasion outcomes and coordination of control can …
Persistent link: https://www.econbiz.de/10009446124
of the firm. In such a theory, the firm exists as the solution to a coordination problem in a world of change and …The entrepreneurial theory of the firm argues that entrepreneurship, properly understood, is a crucial but neglected … element in explaining the nature and boundaries of the firm. By contrast, the theory of the entrepreneurial firm presumably …
Persistent link: https://www.econbiz.de/10009430025
This paper addresses the coordination and innovation issues needed for promotingvalue added at the rural and regional … preferencesare important on the demand side. Participation in these two network typescompete for the same scarce resource, the time … inaddition to the time conflict, innovation and new information may make it moredifficult to maintain coordination networks. …
Persistent link: https://www.econbiz.de/10009445906
Trotz intensiver Auseinandersetzung der Adoptionsforschung mit dem Einfluss von interpersoneller Kommunikation auf die Adoption von Individuen sind nur schwache oder widersprüchliche empirische Belege in der Literatur zu finden. Am Beispiel eines innovativen Anästhesiegeräts untersucht Jan...
Persistent link: https://www.econbiz.de/10009429005
networks through a framework of network preferences when seeking career-related advice with specific focus on three key … men’s and women’s network preferences. I find that both men and women most prefer seeking advice from same-sex multiplex … personal networks because it highlights the complex psychology that drive network preferences regarding gender-based homophily …
Persistent link: https://www.econbiz.de/10009438700
This paper explores the differences that can exist between individual and aggregate loss guarantees in an environment where guarantees are only provided at an aggregate level. The focus is on understanding which traffic parameters are responsible for inducing possible deviations and to what...
Persistent link: https://www.econbiz.de/10009439223