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In a recent paper, Jäger, Metzger, and Riedel (2011) study communication games of common interest when signals are simple and types complex. They characterize strict Nash equilibria as so-called Voronoi languages that consist of Voronoi tesselations of the type set and Bayesian estimators on...
Persistent link: https://www.econbiz.de/10010319996
We consider (cooperative) linear production games with a continuum of players. The coalitional function is generated by r + 1 production factors that is, non atomic measures defined on an interval. r of these are orthogonal probabilities which, economically, can be considered as cornered...
Persistent link: https://www.econbiz.de/10010319997
This paper continues Dietrich and List's [2010] work on propositional-attitude aggregation theory, which is a …
Persistent link: https://www.econbiz.de/10010319999
uncertainty. Using the theory of (reflected) backward stochastic differential equations we are able to solve the optimal stopping … characterized by a resulting endogenous dynamic structure of the worst-case scenario generated by model adjustments of the agent due …
Persistent link: https://www.econbiz.de/10010320001
the informal job market. Moreover, the social capital of unemployed workers is endogenous depending on the employment …
Persistent link: https://www.econbiz.de/10010320002
This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the …
Persistent link: https://www.econbiz.de/10010320016
Persistent link: https://www.econbiz.de/10010320017
The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the...
Persistent link: https://www.econbiz.de/10010320018
Persistent link: https://www.econbiz.de/10010320019
Persistent link: https://www.econbiz.de/10010320020