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5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity …, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive …
Persistent link: https://www.econbiz.de/10009436654
5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity …, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive …
Persistent link: https://www.econbiz.de/10009436990
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10009452539
, 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
equilibria can be computed by means of a "backwards procedure" that combines the logic of rationalizability and backward …
Persistent link: https://www.econbiz.de/10009438697
[This item is a preserved copy. To view the original, visit http://econtheory.org/] In a general interdependent preference environment, we characterize when two payoff types can be distinguished by their rationalizable strategic choices without any prior knowledge of their beliefs and higher...
Persistent link: https://www.econbiz.de/10009455252
In this study, we first review the bifurcation phenomena in dynamic economic systems and point out the importance of bifurcations together with a summary of the common types of bifurcations which have been encountered in economic research. Although bifurcation analysis is a relatively new...
Persistent link: https://www.econbiz.de/10009430886
development of a methodology that, based on the concepts of asymptotic stability and accumulated deviations from equilibrium (ADE … tool for practitioners specializing in the stability analysis of systems with complex dynamics, especially those with … particular state variable of the system, such as inventory, implies asymptotic stability for that variable. The stabilization …
Persistent link: https://www.econbiz.de/10009431072
addition to its direct contribution to price stability, an increasing number of studies show that renewable energy deployment …
Persistent link: https://www.econbiz.de/10009435457
This report compiles 3-D finite element analyses performed to evaluate the stability of Strategic Petroleum Reserve … enlarged cavern diameters and smaller pillars reduce underground stability. Advances in geomechanics modeling enable the …
Persistent link: https://www.econbiz.de/10009435458