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We study a class of symmetric strategic experimentation games. Each of two players faces a (exponential) two-armed bandit problem, and must decide when to stop experimenting with the risky arm. The equilibrium amount of experimentation depends on the degree to which experimentation outcomes are...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010394151
We study a two-player, zero-sum, stochastic game with incomplete information on one side in which the players are allowed to play more and more frequently. The informed player observes the realization of a Markov chain on which the payoffs depend, while the non-informed player only observes his...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010394152
We consider a dynamic version of sender-receiver games, where the sequence of states follows an irreducible Markov chain observed by the sender. Under mild assumptions, we provide a simple characterization of the limit set of equilibrium payoffs, as players become very patient. Under these...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010380794
Les notions de point de référence et d’aversion aux pertes sont deux éléments essentiels de la prospect theory, qui constitue à ce jour la théorie la plus reconnue concernant la représentation de la prise de décision individuelle dans le risque. L’objectif de cet article est de...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10004997495
In 2009, France will replace its income maintenance scheme, "revenu minimum d'insertion", by a new one, revenu de solidarité active, which will improve the beneficiaries'incentives to work. While some have claimed that the reform should lower the current age limit to get the benefit, i.e., 25...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005041790
The interpretations of the Waterloo campaign are numerous, diverse and constantly reworked, so they are part of history no less than the event itself. This article briefly reviews them before considering more carefully two selected interpreters, i.e., Clausewitz and Stendhal. It likens the...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005041792
Among the range of practices that bring personal assistance to people in firms, coaching is getting a growing popularity, even if the need for it and the way it is used remain unclear. In such a context, this study aims at understanding the reasons why associates of a leading consulting firm...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005041793
It is often stressed that the process of IASC standard setting and its output are very much influenced by the Anglo-American accounting approach. This is considered to be one of the major reasons for the obvious reluctance of countries to adopt the international accounting standards. The...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005007882
The aim of this research work is the study of quality information systems in services companies. The first part of the report describes the many definitions of service quality and ways to measure it. <p> Based upon these approaches, the second part suggests a framework designed to ensure quality...</p>
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005007883
Planning and management control in France in 1998, the major changes in the management control systems.
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005007884