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Anti-dumping, Intra-industry Trade and Quality Reversals

Moraga-Gonzalez, Jose Luis; Viaene, Jean-Marie - 2004

We examine an export game where two firms (home and foreign), located in two differentcountries, produce vertically differentiated products. The foreign firm is the most efficientin terms of R&D costs of quality development and the foreign country is relatively larger andendowed with a...

Persistent link: https://www.econbiz.de/10010325360

One-way Flow Networks: the Role of Heterogeneity

Galeotti, Andrea - 2004

I study a one-way flow connections model in which players are heterogeneous with respect to values and the costs of establishing a link. I first show that values and costs asymmetries are crucial in determining the level of connectedness of a network. Interestingly, unconnected equilibria are...

Persistent link: https://www.econbiz.de/10010325361

Reciprocity and Emotions: Arousal, Self-Reports, and Expectations

Ben-Shakhar, Gershon; Bornstein, Gary; Hopfensitz, Astrid; … - 2004

Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the Power-to-Take Game. In this 2-person game, player 1 can...

Persistent link: https://www.econbiz.de/10010325363

Combinatorial Integer Labeling Theorems on Finite Sets with an Application to Discrete Systems of Nonlinear Equations

van der Laan, Gerard; Talman, Dolf; Yang, Zaifu - 2007

Tucker's well-known combinatorial lemma states that for any given symmetric triangulation of the n-dimensional unit cube and for any integer labeling that assigns to each vertex of the triangulation a label from the set {1,2,...n,-1,-2,....-n} with the property that antipodal vertices on the...

Persistent link: https://www.econbiz.de/10010325373

Discretionary Policy, Multiple Equilibria, and Monetary Instruments

Schabert, Andreas - 2005

This paper examines monetary policy implementation in a sticky price model. The central bank's plan under discretionary optimization is entirely forward-looking and exhibits multiple equilibrium solutions if transactions frictions are not negligibly small. The central bank can then implement...

Persistent link: https://www.econbiz.de/10010325376

Status-Seeking in Violent Subcultures and the Double Dividend of Zero-Tolerance

Dur, Robert - 2006

This paper develops a model in which individuals gain social status among their peers for being 'tough' by committing violent acts. We show that a high penalty for moderately violent acts (zero-tolerance) may yield a double dividend in that it reduces both moderate and extreme violence. The...

Persistent link: https://www.econbiz.de/10010325377

Models as Measuring Instruments

Rodenburg, Peter - 2004

numbers about phenomena in the world, provided we can locate a good measuring device in the model (Boumans). How do they do … in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … function serves this purpose, its assumptions are arbitrary rather than connected to theory, and measurements generated with …

Persistent link: https://www.econbiz.de/10010325381

Dynamic Efficiency of Product Market Competition

Hinloopen, Jeroen; Vandekerckhove, Jan - 2007

We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest in process R&D. Under Cournot competition firms always invest more in R&D than under Bertrand competition. More importantly, Cournot competition yields lower prices than...

Persistent link: https://www.econbiz.de/10010325382

Network Formation under Heterogeneous Costs: The Multiple Group Model

Kamphorst, Jurjen; van der Laan, Gerard - 2004

It is widely recognized that the shape of networks influences both individual and aggregate behavior. This raises the question which types of networks are likely to arise. Our paper fits into the literature that addresses this question. The paper continues on the work of Galeotti, Goyal and...

Persistent link: https://www.econbiz.de/10010325385

Agglomeration, Innovation and Regional Development: Theoretical Perspectives and Meta-Analysis

de Groot, Henri L.F.; Poot, Jacques; Smit, Martijn J. - 2007

Innovation and technological change are central to the quest for regional development. In the globally-connected knowledge-driven economy, the relevance of agglomeration forces that rely on proximity continues to increase, paradoxically despite declining real costs of information, communication...

Persistent link: https://www.econbiz.de/10010325386