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The aim of this work is to establish a mathematically precise framework for studying games of capital accumulation under uncertainty. Such games arise as a natural extension from different perspectives that all lead to singular control exercised by the agents, which induces some essential...
Persistent link: https://www.econbiz.de/10009452649
preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … dependence compared to classical models of expected utility theory. It is shown that some empirical puzzles concerning … utility theory are met. It is shown that the methodological concerns are empirically relevant when a classification of …
Persistent link: https://www.econbiz.de/10009482308
This thesis consists of two parts, which are connected by an introduction on auction and oligopoly markets and a short …
Persistent link: https://www.econbiz.de/10009467021
This thesis contains four essays which are all from the broader field of insurance economics. The chapters can be read independently, although there is a certain connection between the articles. Chapter 2, which deals with moral hazard, and chapter 3, which is on oligopolistic models in the...
Persistent link: https://www.econbiz.de/10009451144
Oligopoly market is characterized by the production of homogenous commodities with very similar attributes. The market … to derive cost functions for production of this commodity at every oligopoly firm and a uniform price function for all …
Persistent link: https://www.econbiz.de/10011316084
This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546
The importance of social and economic networks has meanwhile been widely acknowledged throughout social sciences. Network positions are supposed to be important for both, consumers and suppliers. Examples are R&D collaborations, strategic alliances, knowledge management within organizations,...
Persistent link: https://www.econbiz.de/10009452644
Online Consumer-to-Consumer Communication Networks are characterized by informational and social benefits as well as time and effort costs for participants. Therefore, this dissertation takes an economic perspective on the network formation process as a determinant of value for consumers and...
Persistent link: https://www.econbiz.de/10009467397
electricity exchanges. In this thesis, a new model based on game theory approaches is developed for the European electricity …
Persistent link: https://www.econbiz.de/10009467426
Diese Doktorarbeit besteht aus vier eigenständigen Forschungsarbeiten, die in der Zeit von Oktober 2004 bis Oktober 2007 geschrieben wurden, während ich Teilnehmer am "Doctoral Programme in Quantitative Economics and Finance" an der Universität Konstanz war. Meine Forschungsinteressen...
Persistent link: https://www.econbiz.de/10009471697