Search Results - subject:"Precommitment"

Naïve and Capricious: Stumbling into the ring of self-control conflict

Myrseth, Kristian Ove R.; Wollbrant, Conny - Nationalekonomiska institutionen, Handelshögskolan - 2011

agent to act sub-optimally. The agent holds costly pre-commitment technology to avoid the conflict altogether and may decide … whether to procure pre-commitment or to confront the visceral influence. We examine naïve expectations for the strength of the … temptation, and so mistakenly forego pre-commitment. Our analysis reveals conditions under which higher willpower—and lower …

Persistent link: https://www.econbiz.de/10009283234

Quantity Precommitment and Price Matching

Tumennasan, Norovsambuu - School of Economics and Management, University of Aarhus - 2011

We revisit the question of whether price matching is anti-competitive in a capacity constrained duopoly setting. We show that the effect of price matching depends on capacity. Specifically, price matching has no effect when capacity is relatively low, but it benefits the firms when capacity is...

Persistent link: https://www.econbiz.de/10009293549

Nai͏̈ve and capricious : stumbling into the ring of self-control conflict

Myrseth, Kristian Ove R.; Wollbrant, Conny - 2011

agent to act sub-optimally. The agent holds costly pre-commitment technology to avoid the conflict altogether and may decide … whether to procure pre-commitment or to confront the visceral influence. We examine naive expectations for the strength of the … temptation, and so mistakenly forego pre-commitment. Our analysis reveals conditions under which higher willpower - and lower …

Persistent link: https://www.econbiz.de/10009315478

Precommitted Government Spending and Partisan Politics

Watkins, William; Bohn, Henning - CESifo - 2011

This paper analyzes government commitments to ongoing spending programs that require future outlays. Spending commitments are important for understanding partisan politics because they constrain future governments. In a model with one government good, a “stubborn liberal” policy maker can...

Persistent link: https://www.econbiz.de/10009020103

Renewable energy policy in the presence of innovation: Does government pre-commitmnt matter?

Madlener, Reinhard; Neustadt, Ilja - 2010

-theoretic model, and discuss implications for optimal policy design under different assumptions regarding regulatory pre-commitment …-based policies. Further, in terms of dynamic efficiency, no pre-commitment policies are shown to be at least as good as the pre-commitment … be in favor of the no pre-commitment regime. …

Persistent link: https://www.econbiz.de/10010315479

Renewable Energy Policy in the Presence of Innovation: Does Government Pre-Commitment Matter?

Madlener, Reinhard; Neustadt, Ilja - Institut für Future Energy Consumer Needs and Behavior … - 2010

Persistent link: https://www.econbiz.de/10008494403

A general model of oligopoly endogenizing Cournot, Bertrand, Stackelberg, and Allaz-Vila

Breitmoser, Yves - Volkswirtschaftliche Fakultät, … - 2010

This paper analyzes a T-stage model of oligopoly where firms build up capacity and conclude forward sales in stages tT, and they choose production quantities in t=T. We consider the case of n firms with asymmetric marginal costs. In the two-stage game, the set of outcomes is a...

Persistent link: https://www.econbiz.de/10008615028

Present-biased preferences and money demand

Millemaci, Emanuele; Waldmann, Robert - In: De economist : Netherlands economic review ; quarterly … 164 (2016) 2, pp. 187-207

Persistent link: https://www.econbiz.de/10011718553

Precommitment and equilibrium investment strategies for defined contribution pension plans under a jump-diffusion model

Sun, Jingyun; Li, Zhongfei; Zeng, Yan - In: Insurance 67 (2016), pp. 158-172

Persistent link: https://www.econbiz.de/10011457232

Pre-commitment vs. time-consistent strategies for the generalized multi-period portfolio optimization with stochastic cash flows

Zhou, Zhongbao; Xiao, Helu; Yin, Jialing; Zeng, Ximei; … - In: Insurance 68 (2016), pp. 187-202

Persistent link: https://www.econbiz.de/10011492670