Search Results - subject:"precommitment"

Khalil, Elias - Department of Econometrics and Business Statistics, … - 2006

the paper: Why is weakness of will is not pervasive???given that precommitment and punishment are not sufficiently …

Persistent link: https://www.econbiz.de/10005064138

A theory of self-control and naïveté: The blights of willpower and blessings of temptation

Myrseth, Kristian Ove R.; Wollbrant, Conny E. - In: Journal of Economic Psychology 34 (2013) C, pp. 8-19

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 … mistakenly forego pre-commitment. Contrary to accepted wisdom, our analysis reveals conditions under which higher willpower …

Persistent link: https://www.econbiz.de/10011051341

Quantity precommitment and price-matching

Tumennasan, Norovsambuu - In: Journal of Mathematical Economics 49 (2013) 5, pp. 375-388

We study the effects of price-matching in a capacity-constrained duopoly setting. We show that no firm does worse at any pure equilibrium under price-matching relative to Bertrand, but as capacity increases, one or both firms do better relative to Bertrand. If the firms choose their capacities...

Persistent link: https://www.econbiz.de/10011065392

The intrinsic comparative dynamics of infinite horizon optimal control problems with a time-varying discount rate and time-distance discounting

Caputo, Michael R. - In: Journal of Economic Dynamics and Control 37 (2013) 4, pp. 810-820

The intrinsic comparative dynamics of a ubiquitous class of optimal control problems with a time-varying discount rate and time-distance discounting are derived and shown to be characterized by a positive semidefinite matrix. It is also shown that the said comparative dynamics are invariant to...

Persistent link: https://www.econbiz.de/10010617150

Comparison between the mean-variance optimal and the mean-quadratic-variation optimal trading strategies

Tse, S. T.; Forsyth, Peter; Kennedy, J. S.; Windcliff, H. - In: Applied mathematical finance 20 (2013) 5/6, pp. 415-449

Persistent link: https://www.econbiz.de/10010235600

Quantity precommitment and price-matching

Tumennasan, Norovsambuu - In: Journal of mathematical economics 49 (2013) 5, pp. 375-388

Persistent link: https://www.econbiz.de/10010190181

The intrinsic comparative dynamics of infinite horizon optimal control problems with a time-varying discount rate and time-distance discounting

Caputo, Michael R. - In: Journal of economic dynamics & control 37 (2013) 4, pp. 810-820

Persistent link: https://www.econbiz.de/10009726175

A theory of self-control and naïveté : the bilights of willpower and blessings of temptation

Myrseth, Kristian Ove R.; Wollbrant, Conny E. - In: Journal of economic psychology : research in economic … 34 (2013), pp. 8-19

Persistent link: https://www.econbiz.de/10009713920

Endogenous leadership in incentive contracts

Kim, Jaesoo - In: Journal of Economic Behavior & Organization 82 (2012) 1, pp. 256-266

We study the effect of leadership on incentive contracts in a moral-hazard framework. In our model, agents are allowed to choose the timing of their actions. The agents may choose their effort levels simultaneously or sequentially. We show that relative performance evaluation leads to a subgame...

Persistent link: https://www.econbiz.de/10010576929

Does opponents’ experience matter? Experimental evidence from a quantity precommitment game

Le Coq, Chloé; Sturluson, Jon Thor - In: Journal of Economic Behavior & Organization 84 (2012) 1, pp. 265-277

This paper investigates why subjects in laboratory experiments on quantity precommitment games consistently choose …

Persistent link: https://www.econbiz.de/10010594633