Showing 211 - 220 of 523
A well known and established model in communication policy in sociology and mar- keting is that of opinion leadership. It is based on the idea of a two-step flow of communication. Opinion leaders are actors in a society who are able to affect the behavior of other members of the society called...
Persistent link: https://www.econbiz.de/10005004752
This paper investigates the combined impact of a first-mover advantage and of firmsí limited mobility on the equilibrium outcomes of a continuous-time model adapted from by Boyer, Lasserre, and Moreaux (2007). Two firms face market development uncertainty and may enter by investing in lumpy...
Persistent link: https://www.econbiz.de/10005004753
In his 1971's Dynamic Models of Segregation paper, the economist Thomas C. Schelling showed that a small preference for one's neighbors to be of the same color could lead to total segregation, even if total segregation does not correspond to individual preferences and to a residential...
Persistent link: https://www.econbiz.de/10005004754
In this paper we study the problem of long-term capacity adequacy in electricity markets. We implement a dynamic model in which operators compete for investment and electricity production under imperfect Cournot competition. The main aim of this work is to compare three investment incentive...
Persistent link: https://www.econbiz.de/10005004755
We simulate a closed rental housing market with search and match- ing frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...
Persistent link: https://www.econbiz.de/10005004756
Collusion sustainability depends on firms' aptitude to impose suffciently severe punishments in case of deviation from the collusive rule. We characterize the ability of oligopolistic ï¬rms to implement a collusive strategy when their ability to punish deviations over one or several periods is...
Persistent link: https://www.econbiz.de/10005004757
In this work we use a panel probit model to analyze the sources of financial vulnerability in four Central and Eastern European countries. The incontestable advantages of applying this method, associated with some elements of the non-parametric approach applied during the initial selection of...
Persistent link: https://www.econbiz.de/10005004759
We present an application of relation algebra to measure players strength in a social network with influence between players. In particular, we deal with power, success, and influence of a player as measured by the Hoede-Bakker index, its generalization and modifications, and by the influence...
Persistent link: https://www.econbiz.de/10005004760
The objective of this paper is to provide microeconomic evidence for the so called “Oswald’s hypothesis”, which is whether homeownership results in negative outcomes in the labour market. To estimate this effect we use two data base, comparing results from British Household Permanent...
Persistent link: https://www.econbiz.de/10005056848
The transferability of cost evaluation results is studied using Principal Component Analysis and Euclidean distances. The method allows to determine whether the transferability of the results across countries is low, medium or high. The use of these two validated tools for measuring result...
Persistent link: https://www.econbiz.de/10005056849