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Stability of networks under level-k farsightedness

Herings P.J.J.; Mauleon A.; Vannetelbosch V. - Graduate School of Business and Economics (GSBE), … - 2014

We provide a tractable concept that can be used to study the influence of the degree of farsightedness on network … stability. A set of networks GK is a level-K farsightedly stable set if three conditions are satisfied. First, external … deviations should be deterred. Second, from any network outside of GK there is a sequence of farsighted improving paths of length …

Persistent link: https://www.econbiz.de/10011004611

Money counts for a Times Higher Education top-rank

Marconi G.; Ritzen J. - Graduate School of Business and Economics (GSBE), … - 2014

This paper analyses the relationship between a universitys expenditure per student and its position in international university rankings. We take into account other factors that are expected to play a role, such as university mission, size, and productive inefficiency. We formalise these...

Persistent link: https://www.econbiz.de/10010779344

The Importance of Reallocation for Productivity Growth: Evidence from European and US Banking

Bos J.W.B.; van, Santen P.C.; Schilp P. - Graduate School of Business and Economics (GSBE), … - 2013

This paper quantifies the effect of reallocation dynamics on aggregate productivity developments in the banking sectors of Europe and the United States. We document an increase in productivity over the period 1995-2009, on the order of 11 in the US and 19 in Europe. At an annual frequency,...

Persistent link: https://www.econbiz.de/10010856537

Cross-country private saving heterogeneity and culture

de, Castro Campos M.; Kool C.J.M.; Muysken J. - Graduate School of Business and Economics (GSBE), … - 2013

indicators, derived from the World and European Value Surveys. We find these three variables - thrift, trust and religiosity - to …

Persistent link: https://www.econbiz.de/10010856565

Are Risk Aversion and Impatience Related to Cognitive Ability?

Thomas, Dohmen; Armin, Falk; David, Huffman; Uwe, Sunde - Graduate School of Business and Economics (GSBE), … - 2009

This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...

Persistent link: https://www.econbiz.de/10011146945

Satisfaction with Social Contacts of Older Europeans

Eric, Bonsang; van, Soest Arthur - Graduate School of Business and Economics (GSBE), … - 2010

This paper analyses the determinants of an important component of well-being amongindividuals aged 50 years or older in eleven European countries: satisfaction with social contacts. We use data from the Survey of Health, Ageing and Retirement in Europe and anchoring vignettes to correct for...

Persistent link: https://www.econbiz.de/10011147008

Disability in the Netherlands: Another Dutch disease?

Muysken, Joan; Rutten, Tim - Graduate School of Business and Economics (GSBE), … - 2002

The Netherlands is well known for its high employment growth and corresponding low unemployment rate. At various occasions the so-called Dutch miracle has been applauded, together with the underlying ‘Polder model’. A feature that initially was less recognised in the international debate,...

Persistent link: https://www.econbiz.de/10011199129

Approximation schemes for the generalized geometric problems with geographic clustering

Feremans, Corinne; Grigoriev, Alexander - Graduate School of Business and Economics (GSBE), … - 2004

This paper is concerned with polynomial time approximations schemes for the generalized geometric problems with geographic clustering. We illustrate the approach on the generalized traveling salesman problem which is also known as Group-TSP or TSP with neighborhoods. We prove that under the...

Persistent link: https://www.econbiz.de/10011199135

Central Bank Forex Interventions Assessed Using Realized Moments

Beine, M.; Palm, F.C.; Laurent, S. - Graduate School of Business and Economics (GSBE), … - 2003

This paper studies and assesses the impact of G3 Central Bank interventions on the DEM/USD exchange rate properties using daily realized moments of exchange rate returns (obtained from intraday data) for the period 1989-2001. Event studies in terms of the realized moments for the intervention...

Persistent link: https://www.econbiz.de/10011199138

The private value single item bisection auction

Grigorieva, Elena; Herings, P. Jean-Jacques; Müller, Rudolf - Graduate School of Business and Economics (GSBE), … - 2002

In this paper we present a new iterative auction, the bisection auction, that can be used for the sale of a single indivisable object. We will show that the bisection auction is computationally more efficient than the classical English auction while it still preserves all characteristics the...

Persistent link: https://www.econbiz.de/10011199139

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