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Asymmetric competition among nation states: A differential game approach

Han, Yutao; Pieretti, Patrice; Zanaj, Skerdilajda; Zou, … - 2012

This paper analyzes the impact of foreign investments on a small country's economy in the context of international competition. To that end, we model tax and infrastructure competition within a differential game framework between two unequally sized countries. The model accounts for the widely...

Persistent link: https://www.econbiz.de/10010319995

Distorted Voronoi languages

Förster, Manuel; Riedel, Frank - 2011

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

Convex vNM-stable sets for a semi orthogonal game. Part I: ε–relevant coalitions

Rosenmüller, Joachim - 2013

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

An algebraic approach to general aggregation theory: Propositional-attitude aggregators as MV-homomorphisms

Herzberg, Frederik - 2011

This paper continues Dietrich and List's [2010] work on propositional-attitude aggregation theory, which is a …

Persistent link: https://www.econbiz.de/10010319999

Coherent price systems and uncertainty-neutral valuation

Beißner, Patrick - 2012

We consider fundamental questions of arbitrage pricing arising when the uncertainty model is given by a set of possible … mutually singular probability measures. With a single probability model, essential equivalence between the absence of arbitrage … the existence of such sets when volatility uncertainty is modeled by a stochastic di erential equation, driven by Peng's G …

Persistent link: https://www.econbiz.de/10010320000

Social welfare and wage inequality in search equilibrium with personal contacts

Zaharieva, Anna - 2011

with low social capital but the probability to find a job for those workers is below the optimal level. …

Persistent link: https://www.econbiz.de/10010320002

The firm as a pool of factor complementarities

Lindbeck, Assar; Snower, Dennis J. - 2003

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

Anatomy of policy complementarities

Orszag, Jonathan Michael; Snower, Dennis J. - 1998

Persistent link: https://www.econbiz.de/10010320017

The division of labor and the market for organizations

Lindbeck, Assar; Snower, Dennis J. - 2000

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

Price dynamics and production lags

Lindbeck, Assar; Snower, Dennis J. - 1996

Persistent link: https://www.econbiz.de/10010320019