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In this contribution, we investigate the effects of observation-only and observation with feedback from a third-party in a one-shot dictator game (DG). In addition to a baseline condition (DG), a third-party anonymous subject was introduced who either silently observed or observed and got to...
Persistent link: https://www.econbiz.de/10011117227
In this paper, we study a buyer׳s configuration of flexibility strategies under supply uncertainty. His main supplier׳s production process is uncertain, and he can either choose pricing flexibility (setting prices depending on the available supply) or operational flexibility (requesting a...
Persistent link: https://www.econbiz.de/10011117327
be affected differently by HJP depending on the levels of both price and promotional competition. In particular …, manufacturers should offer a lower VJP rate when price competition is lower than promotional competition, and higher VJP rates …
Persistent link: https://www.econbiz.de/10011117334
Despite linear programming and duality have correctly been incorporated in algorithms to compute the nucleolus, we have found mistakes in how these have been used in a broad range of applications. Overlooking the fact that a linear program can have multiple optimal solutions and neglecting the...
Persistent link: https://www.econbiz.de/10011117464
Donors often condition foreign aid to recipients on policy adjustments. How do domestic interest groups influence a donor’s ability to credibly commit to implementing threats and promises? In our model, domestic interest groups in the donor country can mobilize to support the...
Persistent link: https://www.econbiz.de/10011161093
Game theory formalizes certain interactions between physical particles or between living beings in biology, sociology, and economics, and quantifies the outcomes by payoffs. The prisoner's dilemma (PD) describes situations in which it is profitable if everybody cooperates rather than defects...
Persistent link: https://www.econbiz.de/10011161418
air traffic for these and directly dependent airports. The simulations also suggest that frequency competition effects …
Persistent link: https://www.econbiz.de/10011162864
This article is part of a Special Issue on ICT-based Strategies for Environmental Conflicts. In this paper, we study anti-jamming problems in energy-aware wireless networks using mean field stochastic games. We consider three types of users: jammers, primary users and secondary users. When...
Persistent link: https://www.econbiz.de/10011163302
The theory of games (or game theory) is a mathematical theory that deals with the general features of competitive situations. It involves strategic thinking, and studies the way people interact while making economic policies, contesting elections and other such decisions. There are various types...
Persistent link: https://www.econbiz.de/10011166059
A generic Negotiation Game (NG) is used to model a conflict between two parties seeking to resolve their differences and reach a settlement. NG is a 2 × 2 non-constant-sum symmetric game that is `generic' in the sense that its payoffs, which are assumed to be cardinal, are only incompletely...
Persistent link: https://www.econbiz.de/10011166207