Showing 1 - 10 of 1,227
Persistent link: https://www.econbiz.de/10010485857
This note provides sufficient conditions for immediate agreement in an extensive form model of interdependent bilateral bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key feature of this model is that the firms are...
Persistent link: https://www.econbiz.de/10010320169
stability. A set of networks GK is a level-K farsightedly stable set if three conditions are satisfied. First, external … of a level-K farsightedly stable set. There is a unique level-1 farsightedly stable set G1 consisting of all networks … level-K farsighted stability and efficiency of networks. We show the tractability of the concept by applying it to a model …
Persistent link: https://www.econbiz.de/10014142705
This paper generalizes the standard transfer pricing concept of implicit support flowing from a parent company to its subsidiary. The first extension is to assume that implicit support might be ve or -ve for the recipient. The second is to consider the possibility of implicit support flowing...
Persistent link: https://www.econbiz.de/10013006643
We study the criminal networks that will emerge in the long run when criminals are neither myopic nor completely … Vannetelbosch (2019) to answer this question. We find that in criminal networks with n criminals, the set consisting of the complete …
Persistent link: https://www.econbiz.de/10013228466
We study the stability of social and economic networks when players are farsighted. In particular, we examine whether … the networks formed by farsighted players are different from those formed by myopic players. We adopt Herings, Mauleon and … Vannetelbosch's (Games and Economic Behavior, forthcoming) notion of pairwise farsightedly stable set. We first investigate in some …
Persistent link: https://www.econbiz.de/10008811032
We study the criminal networks that will emerge in the long run when criminals are neither myopic nor completely … that in criminal networks with n criminals, the set consisting of the complete network is a horizon-K farsighted set …
Persistent link: https://www.econbiz.de/10012591503
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product market rivalries that emerges endogenously out of the characteristics of the products and services they supply. My model embeds a novel, highly tractable and scalable demand system...
Persistent link: https://www.econbiz.de/10013503368
Social networks are an important component in understanding the decision to consume addictive substances. They capture … opposite effect. Furthermore, I explore the effect of networks on diffusion of addiction and, using simulations, find that …
Persistent link: https://www.econbiz.de/10010425687
This paper examines the impact of credit data sharing among competitive banks of different sizes in open banking. Analyzing data from three predecessors of Bank of America, we find that information sharing enhances predictive capabilities and increases market lending profit as the network size...
Persistent link: https://www.econbiz.de/10014354379