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We use the Shapley value and the nucleolus to analyze the impact of three controversial pipeline projects on the power …
Persistent link: https://www.econbiz.de/10010490647
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This paper illustrates a methodology for analyzing bargaining games on network markets, by means of numerical models that can be calibrated with real data. Economic incentives to join or to expand a network depend on how the network surplus is being distributed, which in turn depends on a...
Persistent link: https://www.econbiz.de/10013059962
This paper illustrates a methodology for analyzing bargaining games on network markets, by means of numerical models that can be calibrated with real data. Economic incentives to join or to expand a network depend on how the network surplus is being distributed, which in turn depends on a...
Persistent link: https://www.econbiz.de/10013060506
In this contribution, at first, we introduce a basic network framework to study pyramidal structures and wedges between ownership and control of companies. Then, we apply it to a dataset of 53.5 million of companies operating in 208 countries. Among others, we detect a strong concentration of...
Persistent link: https://www.econbiz.de/10012901128
This paper investigates the formation of production and trading networks in an economy with general interdependencies and complex property rights. The right to exclude,a core tenet of property, grants asset owners a form of monopoly power that influences granular economic interactions....
Persistent link: https://www.econbiz.de/10012846634
This paper investigates the formation of production and trading networks in economies with general interdependencies and complex property rights. We argue that the right to exclude, a core tenet of property, grants asset owners local monopoly power that is amplified by an economy's endogenous...
Persistent link: https://www.econbiz.de/10015135367
Due to a fast growing labor force and large economic base, more and more areas are getting industrialized in South Asia. Many new and bigger cities are coming up. For anything to grow, energy is needed. More so, if the growth is rapid. All of these factors raise the South Asian region's hunger...
Persistent link: https://www.econbiz.de/10012896268
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