Showing 1 - 10 of 510
This paper examines moral hazard in teams over time. Agents are collectively engaged in an uncertain project, and their individual efforts are unobserved. Free-riding leads not only to a reduction in effort, but also to procrastination. The collaboration dwindles over time, but never ceases as...
Persistent link: https://www.econbiz.de/10013160241
This paper offers a new and robust model of the emergence and persistence of cooperation. In the model, interactions …. The cooperation problem is modeled as a game similar to Prisoner's Dilemma, but there is an outside option of … nonparticipation and the payoff to mutual cooperation is stochastic; with positive probability, this payoff exceeds that from cheating …
Persistent link: https://www.econbiz.de/10013141310
Persistent link: https://www.econbiz.de/10012175379
Industrial and service companies increasingly achieve their competitive advantages on the basis of strategic partnerships. The general assertion in the article is that the quality and effectiveness of implemented changes is higher in the cases when such modifications are being implemented...
Persistent link: https://www.econbiz.de/10013085273
This paper examines international cooperation on technological development as an alternative to international … cooperation on GHG emission reductions. It is assumed that when countries cooperate they coordinate their investments so as to … spillover effects of their investments in R&D. In order to analyze the scope of cooperation, an agreement formation game is …
Persistent link: https://www.econbiz.de/10010344228
Against the backdrop of the ongoing war conflict between Russia and Ukraine, the article explores the needs, challenges, and opportunities that researchers affiliated with Ukrainian relocated university experienced. In the study, we investigated the impact of the war and the safety situation on...
Persistent link: https://www.econbiz.de/10014632525
undermine the cooperative climate in academia. Drawing on the framework of evolution of the cooperation, this study examines the … changing nature of academic cooperation under the current policy trend. In an ideal state of open science, academics are … underlying mechanisms of cooperation and allow defectors to prevail. As the trend further grows, academics would become more …
Persistent link: https://www.econbiz.de/10014156208
goods to substantially deepen international cooperation on energy and climate issues. Drawing motivation from other issue … agreement that employs partially excludable club benefits to deepen cooperation on non-CO2 greenhouse gases. Our game …-theoretic results support two important insights for the building blocks approach to addressing climate change: sustained cooperation in …
Persistent link: https://www.econbiz.de/10014137380
In this paper, we study a standard Cournot model where firms are able to form bilateral collaboration agreements which lower marginal cost. While a static analysis of such a model can be found in Goyal and Joshi [5], we introduce an evolutionary model. Stable networks (in the static sense)...
Persistent link: https://www.econbiz.de/10009564528
In this paper we analyze cooperation in R&D in the form of RJVs.We show that the optimal size of an RJV does not only … explicit consideration of the fact that R&D projects take time to complete shows that benefits from cooperation in R&D not only …
Persistent link: https://www.econbiz.de/10014065953