Showing 1 - 10 of 21
. Various analytical models have been developed around the world to help the track design engineer better understand the … consequences of variations and innovations in track design. The creators of six recently developed models from Canada, China …, outputs and applicability of those models. Although detailed instructions were given to the benchmark participants, variations …
Persistent link: https://www.econbiz.de/10009437551
This eGISE network paper seeks to evaluate issues relating to the implementation ofelectronic reverse auctions (eRA) within local government procurement processes. Theadoption of an eRA invites pre-qualified suppliers to compete with each other for a specifiedgood or service. Consequently, there...
Persistent link: https://www.econbiz.de/10009465387
"This paper provides an experimental analysis of bargaining under imperfect information, molded by the circumstances found in oil field unitization. The purpose of the study is two-fold. One purpose is to provide a more in-depth analysis of how information affects bargained shares and...
Persistent link: https://www.econbiz.de/10009468342
"Laboratory experiments have generally supported the fundamental theorem that, in classical property rights environments, noncooperative behavior in large group markets yields efficient social outcomes. Experiments, however, regularly fail to support the game theoretic prediction of...
Persistent link: https://www.econbiz.de/10009468384
"The classical economists were primarily engaged in analysis of the wonder that is production. The marginalists, while laying the foundation of mathematical economics, shifted its focus to rational behavior of a single consumer, presumably because there they found a problem readily amenable to...
Persistent link: https://www.econbiz.de/10009468398
Subsequently published as:"Incorporating Motivational Heterogeneity into Game Theoretic Models of Collective Action … evidence is inconsistent with predictions from game theoretic models based strictly on self-regarding utilities. In recent … across individuals. In the research reported here, we examine two models of heterogeneous utility, linear-altruism and …
Persistent link: https://www.econbiz.de/10009468400
"Over the last two decades the commercial fisheries of the Amazon have expanded considerably. Today a large and varied commercial fleet supplies the major urban markets of the region. It is estimated that this sector employs more than 30,000 people and generates over 100 million dollars annually...
Persistent link: https://www.econbiz.de/10009468412
"Many natural resources can be effectively exploited mainly by using capital-intensive technologies. We develop a bargaining model with endogenous inside and outside options to analyze the interactions between local communities having at least some degree of informal claims over natural...
Persistent link: https://www.econbiz.de/10009468413
"In symmetric commons dilemmas, peer sanctioning, i.e. the possibility to gather information about the resource use of others and to sanction overuse, can be an effective structural solution in terms of resource conservation. However, most real world commons are characterized by structural...
Persistent link: https://www.econbiz.de/10009468416
"In this paper we employ experimental economic methods to examine the effect of market structure on the use of marketable emissions permits. In particular, we ask whether firms can strategically manipulate a product market using marketable emissions permits. Subjects participate in two markets,...
Persistent link: https://www.econbiz.de/10009468442