We investigate the problem of setting revenue sharing rules in a team production environment with a principal and two agents. We assume that the project output is binary and that the principal can observe the level of agents' actual effort, but does not know the production function. Identifying...

Cost-effectiveness acceptability curves (CEACs) have become widely used in applied health technology assessment and at the same time are criticized as unreliable decision‐making tool. In this paper we show how using CEACs differs from maximizing expected net benefit (NB) and when it can lead...

In our paper we investigate how network effects influence the dynamics of oligopoly on mature telecommunication markets. The model covers four categories of agents: telecommunication operators, customers joined into housholds and market regulator. The market state aware firms use reinforcement...

We investigate the characteristics of price patterns in an oligopoly market with costs for switching a provider. We consider two regimes of a company’s access to information. In the benchmark scenario, firms make decisions based on perfect information about demand. In the second –...

We examine a market in which consumers are forced to rely on noisy price signals to select between homogeneous products. The noise originates either from firms' price obfuscation or consumers' bounded information processing capabilities. Standard models and empirical experiments of markets with...

In the paper we model the problem of optimal assignment of respondents to internet questionnaires. The task is taken from a leading online survey company in Central and Eastern Europe which runs several dozen of surveys in parallel. Each survey has a unique respondent inclusion criteria based on...

In the paper we model the problem of optimal assignment of respondents to internet questionnaires. The task is taken from a leading online survey company in Central and Eastern Europe which runs several dozen of surveys in parallel. Each survey has a unique respondent inclusion criteria based on...

In the paper we model the problem of optimal assignment of respondents to internet questionnaires. The task is taken from a leading online survey company in Central and Eastern Europe which runs several dozen of surveys in parallel. Each survey has a unique respondent inclusion criteria based on...