Showing 1 - 10 of 1,275
Persistent link: https://www.econbiz.de/10004178209
There is growing evidence that low-quality customer service prevails in the mobile telecommunications industry. In this paper we provide theoretical support to this empirical observation by using simple game theoretical models where inefficient low-quality service levels are part of an...
Persistent link: https://www.econbiz.de/10010800876
Goes back to thinking on the price theory of oligopoly in 1960. In particular, is concerned with Stackelberg …’s oligopoly theory. Presents a careful description of the development of Stackelberg’s analysis. Takes into account his … mathematical appendix. Confronts the theory with game theory and concludes that in a dynamic game a Nash-Cournot equilibrium will …
Persistent link: https://www.econbiz.de/10005003340
This short paper aims to find an empirical evidence that al Qaeda behaves as a contest organizer rewarding an indivisible prize – namely, official membership and economic rewards – to candidate extremists groups. Would-be terrorists must then compete with each other to prove their commitment...
Persistent link: https://www.econbiz.de/10005837548
<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
rate, a tournament or a revenue-sharing scheme. We find that output is higher in the variable pay schemes (piece rate …, tournament, and revenue sharing) compared to the fixed payment scheme. This difference is largely driven by productivity sorting …
Persistent link: https://www.econbiz.de/10009004024
We describe a simple computing technique for the tournament choice problem. It rests upon a relational modeling and … set, the minimal covering set, the Banks set, and the tournament equilibrium set are delivered. We present an example of a … tournament on a small set of alternatives, for which the above choice sets are computed and visualized via RelView. The technique …
Persistent link: https://www.econbiz.de/10009359834
Apesteguia and Palacios-Huerta (APH, forthcoming) report for a sample of 129 soccer penalty shootouts from various seasons in ten different tournaments that teams kicking first win significantly more often than teams kicking second by a margin of 21 percentage points. Collecting data for 470...
Persistent link: https://www.econbiz.de/10008642291
and chose between piece-rate and competitive-tournament compensation. Identity priming, moderated by gender, significantly …
Persistent link: https://www.econbiz.de/10009275558