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An online principles of economics textbook that makes extensive use of hypermedia.
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This paper presents a model of opportunism and contingent wage schedules in labor markets, which is, in a sense, intermediate between the "implicit" and explicit contract approaches. The "expected utility" condition is not a part of the contract, but is a condition for the acceptability of a...
Persistent link: https://www.econbiz.de/10005417326
A Handbook of Cultural Economics includes over 60 eminently readable and concise articles by 50 expert contributors. This unique Handbook is both highly informative and readable; it covers a wide area of cultural economics and its closely related subjects. While being accessible to any reader...
Persistent link: https://www.econbiz.de/10011119646
AbstractThe following sections are included:An Overview of the ModelFCS GamesConsiderable Solutions in FCS GamesThe CoreDetermination of the Feasible Condition StructuresA Coalition for Production and SaleA Production-and-Sale Coalition in a Steady StateOptimality within the CoalitionBargaining...
Persistent link: https://www.econbiz.de/10011206347
AbstractThe following sections are included:PreliminariaTU Games in Partition Function FormSymmetrySuperadditivityEfficiencySuccessor FunctionNTU Games in Partition Function FormSuperior GamesExample: A Common-Property ResourceExample: A Cartel with Differentiated ProductsChapter Summary
Persistent link: https://www.econbiz.de/10011206456
AbstractThe following sections are included:Nontransferable Utility GamesZeuthen's SolutionNash Bargaining with Equal Bargaining PowerVariable-Threat BargainingNash Bargaining and Nash EquilibriumUnequal Bargaining PowerChapter Summary
Persistent link: https://www.econbiz.de/10011206505
AbstractThe following sections are included:A Brief Digression on the Noncooperative Stage of a Biform GameBargaining Power Biform GamesBiform Games and ExternalitiesSome Examples from the Recent LiteratureBrandenburger and Stuart (2007)Chatain and Zemsky (2007)Biform Games and Job MatchingA...
Persistent link: https://www.econbiz.de/10011206510
AbstractThe following sections are included:ExcessThe NucleolusUniquenessCharacterizing the CoreThe Intermediate Case and Proper GamesExtended CoreSuperior GamesThe Example of a Common-Property ResourceThe Example of a CartelSummary and Conclusions
Persistent link: https://www.econbiz.de/10011206539