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A redistribution system has two main attributes: 1. The greater the deviation of the payout of players from their performance, the greater the decline in the performance of the system. 2. The cause of this deviation is the formation of coalitions that treat their members preferentially and...
Persistent link: https://www.econbiz.de/10010680339
complexes that replicate in the communications (and thus also the negotiations) space, and restrict the rationality of the …
Persistent link: https://www.econbiz.de/10010680344
States often create international institutions that impose legally binding rules on member states, and then do not even attempt to enforce these rules. Why? In this article, we present a game-theoretic model of moribund hard law in international institutions. We show that if some states face...
Persistent link: https://www.econbiz.de/10010680728
Clean technology has figured prominently in recent debates on international climate policy. This article offers a game-theoretic investigation of the possibility and effectiveness of strategic technology development: environmental leaders setting policies that reduce the global cost of clean...
Persistent link: https://www.econbiz.de/10010681332
The Renewable Fuel Standard (2007) set aggressive cellulosic biofuel goals that have not been realized. Corn ethanol dominates the market and penetration of cellulosic ethanol is unlikely in the near term due to economic and technical barriers. This paper uses game theory to model biomass and...
Persistent link: https://www.econbiz.de/10010681871
decreases its brand name investment. When both the manufacturer and retailer have power, Nash equilibrium in a competition game …
Persistent link: https://www.econbiz.de/10010682493
In this paper, we review some of the literature in which different applications to engineering problems are analyzed from a game-theoretic point of view. The revision is far from exhaustive and the sole purpose of this paper is to provide an approximate state-of-the-art on this topic. Likewise,...
Persistent link: https://www.econbiz.de/10010682644
This paper analyses the behaviour of competing governments in the EC with respect to inflows of direct investment. Solving a non-cooperative sequential bargaining game in which host countries gain from direct investment through tax revenue or imposition of forced local subcontracting, it is...
Persistent link: https://www.econbiz.de/10010685027
The neoclassical theory of the firm deals with the pattern of perfect competition, within which the perfect information …
Persistent link: https://www.econbiz.de/10010685453
future ways of termination and the effect of co-operation and conflict. Not only the constellation of the players but also …
Persistent link: https://www.econbiz.de/10010691701