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Persistent link: https://www.econbiz.de/10002059940
The need for intra-firm incentive schemes allows remodeling the Cournot duopoly in wages (rather than in output levels). In both versions of the Cournot model, a cartel agreement is unstable. The new formulation, however, allows us to demonstrate that a collective wage agreement on minimum wages...
Persistent link: https://www.econbiz.de/10002243650
Players from two populations, predictors and predictees, are randomly matched in a game--theoretic version of Newcomb's Problem. Predictors are able to predict the predictees' choices by observing their type. There are two types of predictees, those who take their predictability into account by...
Persistent link: https://www.econbiz.de/10001725443
The churches in Germany are analyzed as multiproduct firms. Even though these enterprises raise their revenues in part through the tax system, they find themselves in a crisis: the number of customers is persistently decreasing. Starting with the idea that salvation is a scarce economic good,...
Persistent link: https://www.econbiz.de/10001725569