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The strategic advantage of negatively interdependent preferences in action-monotonic games

Hehenkamp, Burkhard - 2005

characterizing conditions both for general action monotonic games and for the subclass of action monotonic games with spillovers … analyzing the strategic advantage. -- strategic advantage ; interdependent preferences ; spillovers ; action monotonicity …

Persistent link: https://www.econbiz.de/10003891788

Opinion Polarization in a Parliamentary Institution Generates Extreme Legislation

Gottesman, Avinat - 2021

How does opinion polarization over matters of moral conviction affect the legislative outcome of parliamentary institutions? Analysis reveals that in the relatively common case, in which a party's voting power is positively correlated with the public support of the convictions it represents, if...

Persistent link: https://www.econbiz.de/10013251897

Cartel Stability Under an Optimal Sharing Rule

Weikard, Hans-Peter - 2005

players and spillovers to non-members. I introduce a sharing rule for coalition payoffs, called optimal sharing which … cartel if spillovers are negative. I introduce a new property, called non-essentiality and determine the set of stable … cartels under optimal sharing if spillovers are positive and if the non-essentiality property applies. Finally I analyse …

Persistent link: https://www.econbiz.de/10014064613

The Introduction of a Three-Dimensional Payoff Matrix

de Sonnaville, Lukas M.; Mensink, Thomas - 2012

We introduce the novel concept of a three-dimensional payoff matrix based on a simplified version of a card game. This matrix is necessary to represent the three variables which correspond to the dynamics of the game. We find Sonnaville-Mensink Equilibria (SME) that represent the optimal actions...

Persistent link: https://www.econbiz.de/10014174012

Managing a Non-Cooperative Supply Chain with Limited Capacity

Parker, Rodney P.; Kapuscinski, Roman - 2015

We consider a two-stage serial supply chain with capacity limits, where each installation is operated by managers attempting to minimize their own costs. A multiple-period model is necessitated by the multiple stages, capacity limits, stochastic demand, and the explicit consideration of...

Persistent link: https://www.econbiz.de/10014040384

A Game Theoretic Model for Determining When Baseball Arbitration Creates the Proper Incentives for Litigants

Habbu, Aditya (Adi); Buonaguro, Paul V. - 2011

This paper creates a game theoretic model to determine how pendulum arbitration or baseball arbitration impacts the incentives of litigants. Pendulum arbitration is when both parties submit competing proposals and the arbitrator chooses only one of the bids, in its entirety, to be binding on...

Persistent link: https://www.econbiz.de/10014043074

Why Not One Big Database? Principles for Data Ownership

Van Alstyne, Marshall W.; Brynjolfsson, Erik; Madnick, … - 2014

This research addresses incentive principles that drive information sharing and affect database value. Many real world centralization and standardization efforts have failed, typically because departments lacked incentives or needed greater local autonomy. While intangible factors such as...

Persistent link: https://www.econbiz.de/10014043554

Modeling Cognitive Social Capital and Corporate Social Responsibility (CSR) as Preconditions for Sustainable Networks of Relations

Sacconi, Lorenzo; Degli Antoni, Giacomo - 2011

The paper studies the relationship between social capital (SC) and Corporate Social Responsibility (CSR) by investigating the idea of a virtuous circle between the level of SC and the implementation of CSR standard of behaviour that favours the creation of cooperative networks between the firm...

Persistent link: https://www.econbiz.de/10014043904

A Rawlsian View of CSR and the Game Theory of its Implementation (III) : Conformism, Equilibrium Refinement and Selection

Sacconi, Lorenzo - 2013

This is the third part of a comprehensive essay on the Rawlsian view of corporate social responsibility (CSR) seen a multi-stakeholder fiduciary model of corporate governance (see part I). A game theoretical model of the interplay between the owner (who controls the firm) and all the remaining...

Persistent link: https://www.econbiz.de/10014043905

How Social Inequality Can Promote Cooperation

Chadefaux, Thomas; Helbing, Dirk - 2010

Does inequality hinder or promote cooperation? To answer this question, we study a Prisoner’s Dilemma with local adaptation, to which we add heterogeneity in payoffs. In our model, agents vary in their wealth, and this inequality affects their potential gains and losses. We find that, in such...

Persistent link: https://www.econbiz.de/10014193639