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Market games and clubs
Wooders, Myrna - Volkswirtschaftliche Fakultät, … - 2008
The equivalence of markets and games concerns the relationship between two sorts of structures that appear fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with concave utility functions generate totally balanced games...
Persistent link: https://www.econbiz.de/10009328147
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Моделирование формирования инвестиционной стоимости инструментов корпоративного контроля
Kolesnik, Georgiy - Volkswirtschaftliche Fakultät, … - 2009
A game-theoretical model of the investment value formation of the instruments of corporate control (shares or stakes in equity) is formulated and analyzed. It is shown that this value depends significantly on the allocation of equity among the owners, and the on the possibilities of the...
Persistent link: https://www.econbiz.de/10011273252
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Silence is golden: communication, silence, and cartel stability
Basuchoudhary, Atin; Conlon, John R. - Volkswirtschaftliche Fakultät, … - 2013
This paper studies how cartel stability is influenced by asymmetric information and communication about demand. Firms …
Persistent link: https://www.econbiz.de/10011110577
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Empirical study on the correlation of corporate social responsibility with the banks efficiency and stability
T., Vasylieva; A., Lasukova - Volkswirtschaftliche Fakultät, … - 2013
most important characteristics of the banking – efficiency and stability in a sample of twelve Ukrainian banks, which are … corporate social responsibility concept (CSR) of the following independent variables: 1 – efficiency (as a short term period … characteristics of banking), 2 – stability (as a long term characteristics of banking). …
Persistent link: https://www.econbiz.de/10011107989
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Improving Fairness and Efficiency in Matching with Distributional Constraints: An Alternative Solution for the Japanese Medical Residency Match
Goto, Masahiro; Iwasaki, Atsushi; Kawasaki, Yujiro; … - Volkswirtschaftliche Fakultät, … - 2014
PLDA performs better than FDA in terms of efficiency and fairness through theoretical and computational analyses. …
Persistent link: https://www.econbiz.de/10011108745
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Stability, efficiency and monotonicity in two-sided matching
Salem, Sherif Gamal - Volkswirtschaftliche Fakultät, … - 2012
we propose a fairness property called P-monotonicity that we would like a matching mechanism to satisfy. We show that it is impossible to have a mechanism which is both stable and P- monotonic. Moreover, we show that it is impossible to have a mechanism which is both efficient and P-monotonic.
Persistent link: https://www.econbiz.de/10011111196
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LES déterminants du taux de change au Maroc : Une étude empirique
El Bouhadi, A.; Elkhider, Abdelkader; Kchirid, El Mustapha - Volkswirtschaftliche Fakultät, … - 2008
). Firstly, our investigation deals with the efficiency of exchange rate policy adopted by Morocco, secondly, it deals with the …
Persistent link: https://www.econbiz.de/10008490557
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An Evolutionary Model with Interaction between Development and Adoption of New Technologies
Polterovich, Victor; Henkin, Gennadi - Volkswirtschaftliche Fakultät, … - 1989
describe the evolution of the distribution curve of firms by efficiency levels. An explicit solution of this equation is …: the "logistic" shape of diffusion curves and the stable form of production capacities distribution by efficiency levels …
Persistent link: https://www.econbiz.de/10008468150
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Evolution towards efficient coordination in repeated games, preliminary version
Demichelis, Stefano - Volkswirtschaftliche Fakultät, … - 2012
population. The result builds a bridge between the theory of repeated games and that of communication games that will be further …
Persistent link: https://www.econbiz.de/10011111755
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On the reduced game of a cooperative game and its solution
Hsiao, Chih-Ru; Chiou, Wen-Lin - Volkswirtschaftliche Fakultät, … - 2007
We define a partially consistent property for a solution of cooperative TU games, then use the consistent property to characterize the well-known Shapley value.
Persistent link: https://www.econbiz.de/10011107344