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Skating on Thin Ice: Rule Changes and Team Strategies in the NHL

Banerjee, Anurag N.; Swinnen, Johan F. M.; Weersink, Alfons - 2006

In an effort to stimulate a more exciting and entertaining style of play, the National Hockey Association (NHL) changed the rewards associated with the results of overtime games. Under the new rules, teams tied at the end of regulation both receive a single point regardless of the outcome in...

Persistent link: https://www.econbiz.de/10010313277

Social Networks

de Marti, Joan; Zenou, Yves - 2009

We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...

Persistent link: https://www.econbiz.de/10010320417

The penalty-duel and institutional design: is there a Neeskens-effect?

Leininger, Wolfgang; Ockenfels, Axel - 2008

No abstract available

Persistent link: https://www.econbiz.de/10010264282

Intellectual property as a carrot for innovators: using game theory to show the limits of the argument

Engel, Christoph - 2007

Policymakers all over the world claim: no innovation without protection. For more than a century, critics have objected that the case for intellectual property is far from clear. This paper uses a game theoretic model to organise the debate. It is possible to model innovation as a prisoner's...

Persistent link: https://www.econbiz.de/10010264808

A strategic R&D investment with flexible development time in real option game analysis

Villani, Giovanni - 2009

The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV …

Persistent link: https://www.econbiz.de/10010266007

The Economic Optimality of Sanction Mechanisms in Interorganizational Ego Networks – A Game Theoretical Analysis –

Kudic, Muhamed; Banaszak, Marc - 2009

Even though small- and medium-sized firms (SMEs) were believed not to proceed beyond exporting in their internationalization routes, we can observe new types of co-operation intensive entrepreneurial firms – so-called “micromultinational enterprises” (mMNEs) – entering the global...

Persistent link: https://www.econbiz.de/10010271408

Under-connected and over-connected networks

Buechel, Berno; Hellmann, Tim - 2008

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/10010272547

Convexity and complementarity in network formation: Implications for the structure of pairwise stable networks

Hellmann, Tim - 2009

This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...

Persistent link: https://www.econbiz.de/10010272600

Social networks

de Martí, Joan; Zenou, Yves - 2009

Persistent link: https://www.econbiz.de/10010275834

The New Basel Accord and the Nature of Risk: A Game Theoretic Perspective

Siebe, Wilfried; Milde, Hellmuth; Broll, Udo; Bieta, Volker - 2007

– game theory is a useful set of tools for better understanding different risk settings. Embedded in a short history of the … Basel Accord in this article we introduce some basic ideas of game theory in the context of rating procedures in accordance … with Basel II. As well, some insight is given how game theory works. Here, the primary value of game theory stems from its …

Persistent link: https://www.econbiz.de/10010296819