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Preference for Flexibility and the Opportunities of Choice
Barberà, Salvador; Grodal, Birgit - Barcelona Graduate School of Economics (Barcelona GSE) - 2003
A decision-maker exhibits preference for flexibility if he always prefers any set of alternatives to its subsets, even … when two of them contain the same best element. Desire for flexibility can be explained as the consequence of the agent …
Persistent link: https://www.econbiz.de/10010773127
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Allowing for Two Production Periods in the Cournot Duopoly : Experimental Evidence
Müller, Wieland - Tilburg University, Center for Economic Research - 2003
Persistent link: https://www.econbiz.de/10011091454
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Why Money Talks and Wealth Whispers : Monetary Uncertainty and Mystique
Eijffinger, Sylvester; Hoeberichts, M.M.; Schaling, E. - Tilburg University, Center for Economic Research - 1997
This paper analyzes the effect of monetary uncertainty on the inflationary bias and the variance of output and inflation. Monetary policy uncertainty is modeled as a shock to the central banker’s preference for inflation stabilization relative to output stabilization that cannot be observed by...
Persistent link: https://www.econbiz.de/10011092355
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Nets: Network Estimation for Time Series
Barigozzi, Matteo; Brownlees, Christian - Barcelona Graduate School of Economics (Barcelona GSE) - 2013
Correlation networks. This approach is based on a var approximation of the process and allows to decompose the long run linkages …
Persistent link: https://www.econbiz.de/10010851344
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Who should pay for two-way interconnection?
Hurkens, Sjaak; López, Angel L. - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
European and the US mobile communication services markets have developed in rather different ways. There are striking differences in termination regulation and retail pricing models and one may wonder why this occurred and whether either of the markets outperforms the other in terms of...
Persistent link: https://www.econbiz.de/10010851429
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Coworker Networks in the Labour Market
Glitz, Albrecht - Barcelona Graduate School of Economics (Barcelona GSE) - 2013
This paper studies the role coworker-based networks play for individual labour market outcomes. I analyse how the … these networks that is due to the occurrence of mass-layoffs in the establishments of former coworkers. The empirical …
Persistent link: https://www.econbiz.de/10010851437
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Stability, Specialization and Social Recognition
Ruys, Pieter H.M.; Gilles, R.P.; Lazarova, E.A. - Tilburg University, Center for Economic Research - 2006
Yang s theory of economic specialization under increasing returns to scale (Yang 2001) is a formal development of the fundamental Smith-Young theorem on the extent of the market and the social division of labor.In this theory specialization and, thus, the social division of labor is firmly...
Persistent link: https://www.econbiz.de/10011090467
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The Degree and Cost Adjusted Folk Solution for Minimum Cost Spanning Tree Games
Norde, Henk - Tilburg University, Center for Economic Research - 2013
Abstract: In this paper two cost sharing solutions for minimum cost spanning tree problems are introduced, the degree adjusted folk solution and the cost adjusted folk solution. These solutions overcome the problem of the classical reductionist folk solution as they have considerable strict...
Persistent link: https://www.econbiz.de/10011090555
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On the irreducible core and the equal remaining obligations rule of minimum cost spanning extension problems
Feltkamp, V.; Tijs, S.H.; Muto, S. - Tilburg University, Center for Economic Research - 1994
Minimum cost spanning extension problems are generalizations of minimum cost spanning tree problems in which an existing network has to be extended to connect users to a source. This paper generalizes the definition of irreducible core to minimum cost spanning extension problems and introduces...
Persistent link: https://www.econbiz.de/10011090585
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Density and Strength of Ties in Innovation Networks : A Competence and Governance View
Nooteboom, B.; Gilsing, V.A. - Tilburg University, Center for Economic Research - 2005
in networks for exploration there are good reasons, counter to the thesis of the 'strength of weak ties', for a dense … structure of ties that are strong in most dimensions.By contrast, in exploitation networks there are good reasons for structures … that are non-dense, with ties that are strong in other dimensions than in networks for exploration. …
Persistent link: https://www.econbiz.de/10011091255