Showing 61 - 70 of 73
Persistent link: https://www.econbiz.de/10009290759
We consider an n-person non-zero-sum non-cooperative game in normal form, where the strategy sets are some closed intervals of the real line. It is shown that if the pay-off functions are continuous on the whole space and if for each pay-off function the smallest local maximum in the strategy...
Persistent link: https://www.econbiz.de/10014078747
In this note we show that the solution notion called conservative stable standard of behaviour (CSSB), introduced by Greenberg (1990) has very little predictive power in environments with farsighted players although intuitively it is quite nice. First we show that CSSB can make no prediction at...
Persistent link: https://www.econbiz.de/10005008653
Persistent link: https://www.econbiz.de/10005158834
We consider an n-person non-zero-sum non-cooperative game in normal form, where the strategy sets are some closed intervals of the real line. It is shown that if the pay-off functions are continuous on the whole space and if for each pay-off function the smallest local maximum in the strategy...
Persistent link: https://www.econbiz.de/10005676144
Persistent link: https://www.econbiz.de/10005527185
Persistent link: https://www.econbiz.de/10005408664
Persistent link: https://www.econbiz.de/10005408728
In this methodological paper, we prove that the key tax competition game introduced by Zodrow and Mieszkowski (1986) and Wildasin (1988), extended to asymmetric regions, possesses a Nash equilibrium under several assumptions commonly adopted in the literature : goods are supposed to be normal ;...
Persistent link: https://www.econbiz.de/10010603653
In this methodological paper, we prove that the key tax competition game introduced by Zodrow and Mieszkowski (1986) and Wildasin (1988), extended to asymmetric regions, possesses a Nash equilibrium under several assumptions commonly adopted in the literature : goods are supposed to be normal ;...
Persistent link: https://www.econbiz.de/10008568169