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the market, the game analyzes the competition between MNEs with respect to market share, yielding Nash equilibria that … with each other, sharply deviate from the internalization choices ignoring such competition.Managerial SummaryWe present a … game theory model of the effect of competition between multinational enterprises (MNEs) on their decisions whether to …
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Recent developments in information and communication technologies allow candidates for office to engage in sophisticated messaging strategies to influence voter choice. We consider how access to different technologies influence the choice of policy platforms by candidates. We find that when...
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We study discrete-time dynamic games with effectively identical players who possess private states that evolve randomly. Players in these games are concerned with their undiscounted sums of period-wise payoffs in the finite-horizon case and discounted sums of stationary period-wise payoffs in...
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homogeneous and heterogeneous product, Cournot, Tullock competition) the Nash-2 equilibrium sets are obtained and considered as … tacit collusion or strong competition in dependence of additional security considerations …
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