Abstract The introduction of information and communication technologies in firms over recent decades has engendered a process of internal workplace reorganization in order to maximize performance. Using a two-stage optimal control technique, this paper provides analytical solutions for the...

In this paper we compare a deterministic model and a Markov switching model to analyze the behavior of the US economy and the Federal Reserve. We examine both optimal and empirical monetary policies for the US Federal Reserve between 1960 and 2008. We compare the optimal monetary policy to the...

Consider a country with two regions that have developed differently so that their current levels of energy efficiency differ. Each region's production involves the emission of pollutants, on which a regulator might impose restrictions. The restrictions can be related to pollution standards that...

This paper proposes a model in which control variations induce an increase in the uncertainty of the system. The aim of our paper is to provide a stochastic theoretical model that can be used to explain under which uncertainty conditions monetary policy rules should be less or more aggressive,...

The introduction of information and communication technologies over the past decades has fostered a process of internal workplace reorganization of firms who have tried to maximize their performance. Using a two stage optimal control technique, this paper provides analytical solutions to the...

Convergence to the Nash equilibrium in a Cournot oligopoly is a question that recurrently arises as a subject of controversy in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with adjustment dynamics, and the evolutionary...

This article analyses the possibility of firms learning collusive solutions in a Cournot quantity game. Starting from the results of Vallée and Yildizoglu (2009) and of Alos-Ferrer (2004), we study the role of random experimenting, social learning (imitation), and (updated) memory in helping...

A crucial question at the center of corporate governance theories and of the literature on social networks alike is the sense of empower of prestige, or influence on the actors of a social network. This paper approaches the possibility of measuring this influence by detecting key individuals who...

This article analyses the ability of the learning firms in a Cournot oligopoly to discover market solutions more collusive that the Cournot equilibrium (CE). We start from the results of Vallée and Yıldızoğlu (J Econ Behav Organ 72:670–690, <CitationRef CitationID="CR11">2009</CitationRef>) and of Alós-Ferrer (Int J Ind Organ...</citationref>

Increasing concerns about environmental and social impacts have made multicriteria analysis (MCA) increasingly popular in decision making processes. The present paper proposes a new methodology which allows taking into account multicriteria aspects, stakeholder's preferences and long time...