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Kinship, Incentives and Evolution
Alger, Ingela; Weibull, Jörgen - HAL - 2009
We analyze how family ties affect incentives, with focus on the strategic interaction between two mutually altruistic siblings. The siblings exert effort to produce output under uncertainty, and they may transfer output to each other. With equally altruistic siblings, their equilibrium effort is...
Persistent link: https://www.econbiz.de/10008793936
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Convergence in the Finite Cournot Oligopoly with Social and Individual Learning
Vallée, Thomas; Yildizoglu, Murat - HAL - 2009
Convergence to the Nash equilibrium in a Cournot oligopoly is a question that recurrently arises as a subject of controversy in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with adjustment dynamics, and the evolutionary...
Persistent link: https://www.econbiz.de/10008794335
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Can they beat the Cournot equilibrium? Learning with memory and convergence to equilibria in a Cournot oligopoly
Vallée, Thomas; Yildizoglu, Murat - HAL - 2010
This article analyses the possibility of firms learning collusive solutions in a Cournot quantity game. Starting from the results of Vallée and Yildizoglu (2009) and of Alos-Ferrer (2004), we study the role of random experimenting, social learning (imitation), and (updated) memory in helping...
Persistent link: https://www.econbiz.de/10008794428
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Firms' rents, workers' bargaining power and the union wage premium in France
Breda, Thomas - HAL - 2010
-competitive phenomenon, I construct a bargaining model and estimate it empirically using a smaller but very detailed matched employer … bargaining power and with the amount of quasi-rents per worker available in the firms they organize. These predictions are … proxy for the unions' bargaining power. All the results remain valid when I control for the firm-level workers' average …
Persistent link: https://www.econbiz.de/10010739134
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Efficiency of Uniform Standards for Transboundary Pollution Problems : a note
Bayramoglu, Basak; Jacques, Jean-François - HAL - 2007
This note proposes an example which contradicts the idea that similar countries will negotiate an agreement on a uniform standard. It shows that strictly identical countries may have an interest in reducing their emissions differently, and not in a uniform way. This result relies on the...
Persistent link: https://www.econbiz.de/10010750373
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Bargaining over public goods
Davila, Julio; Eeckhout, Jan; Martinelli, César - HAL - 2008
In a simple public good economy, we propose a natural bargaining procedure whose equilibria converge to Lindahl … allocations as the cost of bargaining vanishes. The procedure splits the decision over the allocation in a decision about …
Persistent link: https://www.econbiz.de/10010750409
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Does Resorting to Online Dispute Resolution Promote Agreements? Experimental Evidence
Gabuthy, Yannick; Jacquemet, Nicolas; Marchand, Nadège - HAL - 2008
defendants are more interested inmaximizing the efficiency of a settlement than their own expected profit. The implications …
Persistent link: https://www.econbiz.de/10010750512
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How does the design of international environmental agreements affect investment in environmentally friendly technologies ?
Bayramoglu, Basak - HAL - 2007
This paper studies the link between the design of international environmental agreements and the incentives for the private sector to invest in cleaner technologies. More specifically, it compares the performance, in the Paretoo sense, of two types of agreement : an agreement on a uniform...
Persistent link: https://www.econbiz.de/10010750555
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Comparison of negotiated uniform versus differentiated abatement standards for a transboundary pollution problem
Bayramoglu, Basak; Jacques, Jean-François - HAL - 2005
This paper analyses a transboundary pollution problem between two countries and studies the efficiency comparison of …, we use a negotiation game and the Nash bargaining solution as equilibrium. On the one hand, we remark that the argument …
Persistent link: https://www.econbiz.de/10010750872
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Inefficiencies in the sale of ideas: theory and empirics
Allain, Marie-Laure; Henry, Emeric; Kyle, Margaret - HAL - 2011
research and development. This specialization can improve the overall efficiency of the innovative process. However, these … efficiency advantage. We show that in an environment with asymmetric information about the value of the idea and where this …
Persistent link: https://www.econbiz.de/10009368491