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Estimating the Cost of Strategic Entry Delay in Pharmaceuticals : The Case of Ambien CR

Shapiro, Bradley - 2016

With the Hatch-Waxman Act of 1984, the FDA included an unchallengeable exclusivity period for newly approved drugs, independent of patents. This potentially generates an incentive for firms to strategically delay the introduction of new versions (reformulations) of drugs until just before patent...

Persistent link: https://www.econbiz.de/10014135034

Identification and estimation of dynamic games when players' beliefs are not in equilibrium

Aguirregabiria, Victor; Magesan, Arvind - In: The review of economic studies : RES 87 (2020) 2, pp. 582-625

Persistent link: https://www.econbiz.de/10012197431

Campaign War Chests, Entry Deterrence, and Voter Rationality

Dharmapala, Dhammika - 2003

It is often claimed that the accumulation of "war chests" by incumbents deters entry by high-quality challengers in Congressional elections. This paper presents a game-theoretic analysis of the interaction between an incumbent, potential challengers, an interest group, and a representative...

Persistent link: https://www.econbiz.de/10014105093

Market structure and performance

Ellickson, Paul B. - 2013

What determines structure and profitability across markets for goods and services? Understanding the relationship between market structure and performance is critical for determining effective economic policy governing anti-trust, intellectual property, industry regulation, and international...

Persistent link: https://www.econbiz.de/10010250677

More Thumbs Than Rules : Is Rationality an Exaptation?

Mastrogiorgio, Antonio; Felin, Teppo; Kauffman, Stuart; … - 2022

The literatures on bounded and ecological rationality are built on adaptationism—and its associated modular …, cognitivist and computational paradigm—that does not address or explain the evolutionary origins of rationality. We argue that the … adaptive mechanisms of evolution are not sufficient for explaining human rationality, and we posit that human rationality …

Persistent link: https://www.econbiz.de/10013295544

On the Evolution of Norms in Strategic Environments

Della Lena, Sebastiano - 2019

In a heterogeneous population divided into two cultural groups, we investigate the intergenerational dynamics of norms, modeled as preferences over actions, as depending on strategic environments. We find that environments with strategic complementarity or substitutability lead to different...

Persistent link: https://www.econbiz.de/10012868106

On the causes and consequences of deviations from rational behavior

Zēgners, Dainis; Sunde, Uwe; Strittmatter, Anthony - 2020

This paper presents novel evidence for the prevalence of deviations from rational behavior in human decision making - and for the corresponding causes and consequences. The analysis is based on move-by-move data from chess tournaments and an identification strategy that compares behavior of...

Persistent link: https://www.econbiz.de/10012237567

Adaptive Rationality in Strategic Interaction : Do Emotions Regulate Thinking about Others?

Ehrig, Timo; Manjaly, Jaison; Singh, Aditya; Sunder, Shyam - 2021

interactions in and across organizations. In the game theoretic conception of rationality, agents reason iteratively about each …

Persistent link: https://www.econbiz.de/10013324375

Private provision of a complementary public good

Schmidtke, Richard - 2006

For several years, an increasing number of firms are investing in Open Source Software (OSS). While improvements in such a non-excludable public good cannot be appropriated, companies can benefit indirectly in a complementary proprietary segment. We study this incentive for investment in OSS. In...

Persistent link: https://www.econbiz.de/10010365883

Private provision of a complementary public good

Schmidtke, Richard - 2006

Persistent link: https://www.econbiz.de/10010439377

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