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Cuahtemoc-Moctezuma) are analyzed which already have long formed part of an oligopoly because these two companies account for … more than 99% of beer market in this country. All this analysis is made from the perspective of game theory. The main … objective is to analyze the effects of competition and advertising from one to another brewer from a standpoint of game theory …
Persistent link: https://www.econbiz.de/10010948965
Persistent link: https://www.econbiz.de/10005370606
We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals …
Persistent link: https://www.econbiz.de/10005399042
In corporate contests, employees compete for a prize. Ideally, contests induce employees to exert productive effort which increases their probability of winning. In many environments, however, employees can also improve their own ranking position by harming their colleagues. Such negative...
Persistent link: https://www.econbiz.de/10005471690
We consider a simple tournament model in which individuals auto-select into the contest …
Persistent link: https://www.econbiz.de/10011104962
players improve the performance of four teams which participate in a tournament, such as in the UEFA Champions League (UCL …
Persistent link: https://www.econbiz.de/10011111358
<Para ID="Par3">The tournament hypothesis of Brown et al. (J Finance 51(1):85–110, <CitationRef CitationID="CR7 …">1996</CitationRef>) posits that managers of poorly performing funds actively increase portfolio risk in the second half of the year. At …-based measures to distinguish between risk changes that result from holding the portfolio and those that are due to managers’ trades …
Persistent link: https://www.econbiz.de/10011154662
<Para ID="Par3">The tournament hypothesis of Brown et al. (J Financ 51(1):85–110, <CitationRef CitationID="CR2 …
Persistent link: https://www.econbiz.de/10011154663
In many economic applications involving comparisons of multivariate distributions, supermodularity of an objective function is a natural property for capturing a preference for greater interdependence. One multivariate distribution dominates another according to the `supermodular stochastic...
Persistent link: https://www.econbiz.de/10011083601
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the...
Persistent link: https://www.econbiz.de/10011084279