We present a discrete choice model based on agent interaction. The framework combines the features of two well-known models of word-of-mouthcommunication (Ellison and Fudenberg, 1995 and Bala and Goyal, 2001).Interaction structure is a regular periodic lattice with decision-makers interacting...

The present study constructs a decision support system to determine the best seeding rate out of a group of seeding rates applied in the field. The DSS has been built receives the field data as inputs, and then apply split plot algorithms of (Gomez & Gomez, 1984) to find the results. These...

This paper presents a new characterization result for competitive allocations in quasilinear economies. This result is informed by the analysis of non-cooperative dynamic search and bargaining games. Such games provide models of decentralized markets with trading frictions. A central objective...

In this paper a game theoretic model is employed to analyze the relationship between strategic location decision of firms in the supply chain considering the role of horizontal and vertical knowledge spillovers, and numerical approach is applied to characterize the equilibria of the considered...

The present paper discusses the spatial levels of the knowledge nets. For this purpose it sets off with some of the basic ideas of territorialized innovation theories. The paper focuses on the implications of a high mobility and globalization of the knowledge nets and argues that nowadays the...

The present paper discusses the spatial levels of the knowledge nets. For this purpose it sets off with some of the basic ideas of territorialized innovation theories. The paper focuses on the implications of a high mobility and globalization of the knowledge nets and argues that nowadays the...

In case of multiple source lending even solvent firms may be forced into bankruptcy due to uncoordinated credit withdrawals of their lenders. This paper analyzes whether a debtor firm can thwart such inefficient liquidations by offering creditors the option to delay their foreclosure decision...

This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles and crashes as endogenous responses to the fundamentals driving asset prices. When agents are risk-averse they need to make forecasts of the conditional variance of a stock's return. Recursive...

In October 2002 a substitution reform was introduced in the Swedish Pharmaceuticals market. In this note, the effects of increased price competition due to the reform on the entry of new pharmaceutical products were studied. The results show that the reform did affect the entry behavior of...

In this article we define and describe the economic information interoperability problemand how it affects today’s enterprises in the context of globalization and current ICT development, thecurrently used solutions found in the integration and interoperability of information systems...