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This paper studies the existence of some known equilibrium solution concepts in a large class of economic models with discontinuous payo functions. The issue is well understood for Nash equilibria, thanks to Reny's better-reply security condition [34], and its recent improvements [3, 25, 35,...
Persistent link: https://www.econbiz.de/10011026158
We study large finite club economies in which agents can belong to several clubs, and care about the characteristics of the other club members. Club memberships must be integer consistent in aggregate. We show that states in the approximate core can approximately be decentralized by prices for...
Persistent link: https://www.econbiz.de/10005543510
Industrial organization is mainly concerned with the behavior of large firms. Experimental industrial organization therefore faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals firms! This experimental approach is not in line with...
Persistent link: https://www.econbiz.de/10010294406
This article studies competition and coordination in a dual-channel supply chain where one supplier supplies homogeneous products to multiple asymmetric retailers, meanwhile, selling products to the end consumers acting as retailers, through a two-level Stackelberg game. This article first...
Persistent link: https://www.econbiz.de/10012044521
This article constructs a two-stage dynamic game model for green manufacturers, retailers, and consumers to address the issue that fairness preference in manufacturing can impact supply chain decision-making. This is done by discussing decision-making under the three power structures of...
Persistent link: https://www.econbiz.de/10012044531
Due to proliferation of smart cities and other smart services, extensive data collection needs to be accomplished by mobile sensor networks (MSNs). However, sensing and data collection are voluntary tasks for many MSN users. For example, drivers are not required to report traffic condition...
Persistent link: https://www.econbiz.de/10012045173
The Coordination Reform was introduced in Norway in 2012 including a fee for bed-blocking in hospitals. To study this, we introduce a Stackelberg game where the hospital is the leader and the care institution is the follower. The reform does not necessarily lead to less bed-blocking as this...
Persistent link: https://www.econbiz.de/10011555588