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, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …
Persistent link: https://www.econbiz.de/10009021689
are in contrast with the existing literature. In particular, an increase of demand location uncertainty decreases the … uncertainty about transport costs. Endogenizing the choice of objective function leads to the dominance of an extreme form of …
Persistent link: https://www.econbiz.de/10011051654
, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …
Persistent link: https://www.econbiz.de/10010281843
uncertainty as an additive shock to a uniform consumer distribution. The additive shock restricts uncertainty to the mean of the …
Persistent link: https://www.econbiz.de/10004971401
preference uncertainty as an additive shock to the consumer distribution in a characteristic space model. The additive shock only …
Persistent link: https://www.econbiz.de/10005569944
The endogeneity of equilibrium strategies makes modelling uncertainty about the behaviour of other economic players … difficult. Recent developments in decision and game theory offer an opportunity to include strategic uncertainty as an … explanatory variable in economic analysis. This paper introduces to a new concept of decision making under uncertainty and an …
Persistent link: https://www.econbiz.de/10005086687
, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If … expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …
Persistent link: https://www.econbiz.de/10008822475
decisions which businesses in ASEAN will have to face in a highly competitive environment under uncertain growth conditions, by …
Persistent link: https://www.econbiz.de/10013061529
This paper focuses both on the competition process and the firms liability in environmental protection and the … liability: they seek to minimize the technologies accident risk while the second one corresponds to a much more standard choice …. The players main preoccupation is about their market share even if they care about liability. Then, from a very simple …
Persistent link: https://www.econbiz.de/10011608595
This paper focuses both on the competition process and the firms' liability in environmental protection and the … liability: they seek to minimize the technologies accident risk while the second one corresponds to a much more standard choice …. The players' main preoccupation is about their market share even if they care about liability. Then, from a very simple …
Persistent link: https://www.econbiz.de/10014152074