Narrow search
Showing 1 - 10 of 143,848
Cover Image
Evolutionarily Stable Strategies in Sports Contests
Grossmann, Martin - 2011
In the recent years, many clubs in the biggest European soccer leagues have run into debts. The sports economic …, I apply evolutionary game theory in a sports contest model. If clubs follow evolutionarily stable strategies (ESS), then …
Persistent link: https://www.econbiz.de/10013118880
Cover Image
Why Qualifications at the Olympics?
Blavatskyy, Pavlo R. - 2004
The optimal contest architecture for symmetric imperfectly discriminating contests is shown to be generically the two-stage tournament (rather than the one-stage contest). In the first stage the contestants compete in several parallel divisions for the right to participate in the second stage....
Persistent link: https://www.econbiz.de/10014069376
Cover Image
Why the Olympics Have Three Prizes and Not Just One
Blavatskyy, Pavlo R. - 2004
There are at least two reasons why multiple prizes can be optimal in symmetric imperfectly discriminating contests. First, the introduction of multiple prizes reduces the standard deviation of contestants' effort in asymmetric equilibria, when the majority of contestants actively participate in...
Persistent link: https://www.econbiz.de/10014070274
Cover Image
Strategic use of available capacity in the electricity spot market
Le Coq, Chloé (contributor) - 2002 - [Elektronische Ressource]
The literature on deregulated electricity markets generally assumes available capacities to be given. In contrast, this paper studies a model where firms precommit to capacity levels before competing in a uniform price auction. The analysis sheds light on recent empirical findings that firms use...
Persistent link: https://www.econbiz.de/10001663587
Cover Image
An Interative Procedure for Optimal Pollution Control under Incomplete Information
Querou, Nicolas - 2013
We consider a repeated regulation model in an oligopoly under asymmetric information with pollution. An iterative …
Persistent link: https://www.econbiz.de/10014202052
Cover Image
The competitive effects of linking electricity markets across space and time
Tangerås, Thomas P.; Wolak, Frank A. - 2017
We show that a common regulatory mandate in electricity markets that use location-based pricing that requires all customers to purchase their wholesale electricity at the same quantity-weighted average of the locational prices can increase the performance of imperfectly competitive wholesale...
Persistent link: https://www.econbiz.de/10011742358
Cover Image
Fairness Regulation of Prices in Competitive Markets
Yang, Zongsen; Fu, Xingyu; Gao, Pin; Chen, Ying-Ju - 2022
on prices to curb such controversial practices. In this work, we find that, relative to non-regulation, appropriate … regulation may alleviate the cut-throat price competition among firms, and lead to a Pareto win-win outcome from the perspectives … of consumers and firms. However, inappropriate fairness regulation may stifle product quality improvement or induce high …
Persistent link: https://www.econbiz.de/10013295220
Cover Image
The Independence of Telecommunication Regulators
Sutherland, Ewan - 2016
In order to encourage investment in telecommunication networks, governments have been encouraged to adopt a regulatory state model, with an independent regulatory authority that is subject to a system of appeals and to parliamentary oversight, providing different forms of accountability. The...
Persistent link: https://www.econbiz.de/10012987387
Cover Image
A Short Note on the Regulation of Broadcasting in an Independent Scotland
Sutherland, Ewan - 2014
arrangements for the regulation of broadcasting are presently very weak, with omission of a media regulator, a spectrum regulator …
Persistent link: https://www.econbiz.de/10013058015
Cover Image
Broadband in Parliaments : The Regulatory State & Technological Change
Sutherland, Ewan - 2018
This paper compares and contrasts the processes used by the European, United Kingdom and Scottish parliaments in considering broadband policies, legislation, regulatory systems and outcomes, within a complex triple-tiered governance system. Broadband is of increasing importance due to the...
Persistent link: https://www.econbiz.de/10012935909