Search Results - subject:"complementarities"

Strategic complementarities and nested potential games

Uno, Hiroshi - In: Journal of Mathematical Economics 47 (2011) 6, pp. 728-732

This paper reports that every finite game of strategic complementarities is a nested pseudo-potential game defined by …

Persistent link: https://www.econbiz.de/10011065395

Every symmetric 3×3 global game of strategic complementarities has noise-independent selection

Basteck, Christian; Daniëls, Tijmen R. - In: Journal of Mathematical Economics 47 (2011) 6, pp. 749-754

We prove that the global game selection in all 3×3 payoff-symmetric supermodular games is independent of the noise structure. As far as we know, all other proofs of noise-independent selection in such games rely on the existence of a so-called monotone potential (MP) maximiser. Our result is...

Persistent link: https://www.econbiz.de/10011065454

Institutions as cognitive media between strategic interactions and individual beliefs

Aoki, Masahiko - In: Journal of Economic Behavior & Organization 79 (2011) 1, pp. 20-34

implications to the role of culture, institutional complementarities, and policy in the institutional process are discussed. It …

Persistent link: https://www.econbiz.de/10010576969

A Large-Market Rational Expectations Equilibrium Model

Vives, Xavier - C.E.P.R. Discussion Papers - 2011

This paper presents a market with asymmetric information where a privately revealing equilibrium obtains in a competitive framework and where incentives to acquire information are preserved. The equilibrium is efficient, and the paradoxes associated with fully revealing rational expectations...

Persistent link: https://www.econbiz.de/10009644035

Complementarities and spillovers in mergers: an empirical investigation using patent data

Marco, Alan; Rausser, Gordon - In: Economics of Innovation and New Technology 20 (2011) 3, pp. 207-231

between firms, and find that both are important to defining a good match of acquirer and target. However, complementarities …

Persistent link: https://www.econbiz.de/10009200631

Does Social Capital Reinforce Technological Inputs in the Creation of Knowledge? Evidence from the Spanish Regions

Miguelez, Ernest; Moreno, Rosina; Artis, Manuel - In: Regional Studies 45 (2011) 8, pp. 1019-1038

Miguelez E., Moreno R. and Artis M. Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions, Regional Studies. This paper seeks to verify the hypothesis that trust and cooperation between individuals, and between them and public...

Persistent link: https://www.econbiz.de/10009278731

The Organizational Designs of R&D Activities and their Performance Implications: Empirical Evidence for Spain

Lucena, Abel - In: Industry and Innovation 18 (2011) 2, pp. 151-176

-organizational complementarities in R&D depends on the type of alliance chosen by a firm to leverage its own R&D. To test this hypothesis, the study … compares the capacity of different organizational designs of internal and external R&D activities to produce complementarities …. The results indicate the existence of complementarities for cases where firms combine their own R&D with research …

Persistent link: https://www.econbiz.de/10009279526

Aggregate Implications of Heterogeneous Households in a Sticky-Price Model

Lee, Jae Won - Department of Economics, Rutgers University-New Brunswick - 2011

income effect, which in turn generates strategic complementarities in price setting and thus amplifies business cycle …

Persistent link: https://www.econbiz.de/10009372752

Expectational coordination in simple economic contexts

Guesnerie, Roger; Jara-Moroni, Pedro - In: Economic Theory 47 (2011) 2, pp. 205-246

Persistent link: https://www.econbiz.de/10009390843

Subsidization to induce tipping

Shafran, Aric P.; Lepore, Jason J. - In: Economics Letters 110 (2011) 1, pp. 32-35

In binary choice games with strategic complementarities and multiple equilibria, we characterize the minimal cost …

Persistent link: https://www.econbiz.de/10008867056