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We discuss the strategic behavior of agents on a financial market in the presence of a central bank which is borrowing and lending money.
Persistent link: https://www.econbiz.de/10009452447
differentiation the duopoly is subsidized or the government remains inactive. In contrast, the monopoly is always subsidized. The … government with a duopoly may be active or inactive depending on the degree of product differentiation. Thus, we may observe a …
Persistent link: https://www.econbiz.de/10012530200
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
This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was consistent with static, non-cooperative oligopoly models, which are widely...
Persistent link: https://www.econbiz.de/10009441995
Persistent link: https://www.econbiz.de/10009452458
Electricity markets in the United States presently employ an auction mechanism to determine the dispatch of power generation units. In this market design, generators submit bid prices to a regulation agency for review, and the regulator conducts an auction selection in such a way that satisfies...
Persistent link: https://www.econbiz.de/10009429951
In this paper, we study the local dial-up Internet access market using a game theoretic model. Inparticular, we consider the Nash equilibrium of the service providers and examine their behavioron investment and output level. We calibrate this model to fit the industry structure and datafound in...
Persistent link: https://www.econbiz.de/10009432833
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
In order to improve the security of customer data, the credit card companies have come together to create a security standard, called Payment Card Industry Data Security Standard (PCI DSS), which involve mandatory requirements for merchants that accept credit card transactions. All restaurants...
Persistent link: https://www.econbiz.de/10009468069