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This paper analyses the incentives to participate in an international climate agreement and the stability of the resulting climate coalition using the integrated assessment model WITCH. Coalition stability is assessed under alternative assumptions concerning the pure rate of time preference, the...
Persistent link: https://www.econbiz.de/10010617015
This article outlines the un-mined potential of Game Theory for International Business (IB) research. Game Theory has been only rarely used in International Business – particularly, in comparison to transaction cost economics and the resource based view. Although its applications to...
Persistent link: https://www.econbiz.de/10010617117
In this article we propose a model of the supply chain in electricity markets with multiple generators and retailers and considering several market structures. We analyze how market design interacts with the different types of contract and market structure to affect the coordination between the...
Persistent link: https://www.econbiz.de/10010617180
The construction of formal models that deal with space observed a huge increase since the late 1980s. As Fujita et al. (1999) stress, the field of regional economics experienced a revival with the emergence of new analytical tools such as the diffusion of imperfect competition models, networks...
Persistent link: https://www.econbiz.de/10010617867
Game theory, in its most basic form, considers two or more players and analyses the different strategies that they can use and the effect that these strategies will have on each player. International trade allows countries to use better their resources (labor, technology or capital). Since...
Persistent link: https://www.econbiz.de/10010625545
Scholars making economic policy recommendations to resolve corruption problem use several approaches, the most dominant of which are the principal-agent and rent-seeking theories. In this paper, we argue that the principal-agent theory has problems accounting for the environment in which the...
Persistent link: https://www.econbiz.de/10010555225
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Persistent link: https://www.econbiz.de/10010558233
Persistent link: https://www.econbiz.de/10010558296
Communication networks are becoming ubiquitous and more and more competitive among revenue-maximizing providers, operating on potentially different technologies. In this paper, we propose to analyze thanks to game theory the competition of providers playing with access prices and fighting for...
Persistent link: https://www.econbiz.de/10010565959