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Bilateral investment treaties (BITs) are agreements between two countries for the reciprocal encouragement, promotion and protection of investments in each other’s territories by companies based in either country. Germany and Pakistan signed the first BIT in 1959 and since then, BITs are one...
Persistent link: https://www.econbiz.de/10011061339
We consider the problem of allocating m objects to n agents. Each agent has unit demand, and has strict preferences over the objects. There are qj units of object j available and the problem is balanced in the sense that ∑jqj=n. An allocation specifies the amount of each object j that is...
Persistent link: https://www.econbiz.de/10011065411
Persistent link: https://www.econbiz.de/10010848178
We consider estate division problems and show that for any claim game based on a (estate division) rule satisfying efficiency, equal treatment of equals, and order preservation of awards, all (pure strategy) Nash equilibria induce equal division. Next, we consider (estate division) rules...
Persistent link: https://www.econbiz.de/10011065177
As multi-hospital kidney exchange has grown, the set of players has grown from patients and surgeons to include hospitals. Hospitals can choose to enroll only their hard-to-match patient-donor pairs, while conducting easily-arranged exchanges internally. This behavior has already been observed....
Persistent link: https://www.econbiz.de/10010934647
A mediator is a reliable entity which plays on behalf of the players who give her the right to play. The mediator acts in a pre-specified way based on messages received from the players. However, a mediator cannot enforce behavior; that is, players can play in the game directly without the...
Persistent link: https://www.econbiz.de/10005066770
We consider estate division problems, a generalization of bankruptcy problems. We show that in a direct revelation claim game, if the underlying division rule satisfies efficiency, equal treatment of equals, and weak order preservation, then all (pure strategy) Nash equilibria induce equal...
Persistent link: https://www.econbiz.de/10005754936
We present a two-stage model of competing ad auctions. Search engines attract users via Cournot-style competition. Meanwhile, each advertiser must pay a participation cost to use each ad platform, and advertiser entry strategies are derived using symmetric Bayes-Nash equilibrium that lead to the...
Persistent link: https://www.econbiz.de/10008506063
Persistent link: https://www.econbiz.de/10010539422
We study comparative statics of manipulations by women in the men-proposing deferred acceptance mechanism in the two-sided one-to-one marriage market. We prove that if a group of women employs truncation strategies or weakly successfully manipulates, then all other women weakly benefit and all...
Persistent link: https://www.econbiz.de/10010547283