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This paper analyses the importance of informational asymmetries in international environmental regulation by use of a game theoretic approach of signalling games.
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This paper addresses the question about strategic incentives in international environmental agreements and tries to give a positive description of how the design of the agreement influences the strategic behaviour of potential participants before they enter the treaty. A common feature of the...
Persistent link: https://www.econbiz.de/10005641341
The solution deposition of YBa2Cu3O7-δ (Y123) high temperature superconducting thin films was studied. The films were prepared from a polymer-containing precursor onto SrTiO3 (001) and LaAlO3 (001) substrates and mineralized at high temperatures. The process depended on details of the film...
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We study a simple evolutionary bargaining game and show that the efficiency of bargaining behavior can depend crucially on the tie breaking rule players use. In fact, in a certain limit all the surplus is wasted. Inefficiency arises for any role assignment procedure, as long as there is some...
Persistent link: https://www.econbiz.de/10005424109
The extensive empirical literature on the validity of Gibrat’s law does not in general verify the law as it finds that firms’ growth rates are negatively correlated with both firm size and age. However, some studies find that Gibrat’s law holds for sub-samples of firms such as large firms...
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