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In Support of Trigger Strategies : Experimental Evidence from Two-Person Non-Cooperative Games

Mason, Charles F.; Phillips, Owen R. - 2001

Cooperative equilibria can be supported in a repeated game when players use trigger strategies. This paper tests how well trigger strategies explain behavior in two-person experimental games. Reducing payoffs for choices larger than the Cournot level induces smaller average outputs, consistent...

Persistent link: https://www.econbiz.de/10014133393

Learning and Technological Progress in Dynamic Games

Mirman, Leonard J.; Santugini, Marc - 2013

We study investment and consumption decisions in a dynamic game under learning. To that end, we present a model in which agents not only extract a resource for consumption, but also invest in technology to improve the future stock. At the same time, the agents learn about the stochastic process...

Persistent link: https://www.econbiz.de/10014171317

Design and Ownership of Two-Sided Networks : Implications for Internet Platforms

Bakos, Yannis - 2019

Many Internet intermediaries operate two-sided networks, that is, they provide platforms to bring together two types of participants, or quot;sides,quot; such as buyers and sellers. This paper develops a model that characterizes the intermediary's pricing in two-sided networks, the value created...

Persistent link: https://www.econbiz.de/10012746393

Competing Complements

Casadesus-Masanell, Ramon; Nalebuff, Barry; Yoffie, David B. - NET Institute - 2007

In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to … allow for competition between complements on one side of the market. Consider two complements, A and B, where the A+B bundle …

Persistent link: https://www.econbiz.de/10005622751

COURNOT EQUILIBRIUM IN A MODEL OF HARDWARE AND SOFTWARE MANUFACTURERSâ€™ INTERACTION

Soloviev, Vladimir I.; Iliina, Natalia A.; … - In: Annales Universitatis Apulensis Series Oeconomica 1 (2009) 11, pp. 4-4

A model of interaction between hardware vendors, Intel and AMD, and developers ofWindows and Linux operating systems is suggested. Intel and AMD both maximize profits forming atraditional oligopoly, while Microsoft and the community of Linux developers form a mixedduopoly, in which only the...

Persistent link: https://www.econbiz.de/10008497460

Post-privatization duopolies : on equilibria and entry deterrence among labor managed and conventional firms

Keshk, Ahmad - 1998

Persistent link: https://www.econbiz.de/10001246558

Economic Cooperation in Natural Rubber: The Impacts on Natural Rubberâ€™s World Supply and Indonesiaâ€™s Economy

Verico, Kiki - In: Asian Journal of Agriculture and Development 10 (2013) 2, pp. 75-93

In 1999, the International Natural Rubber Agreement (INRA) which had regulated the worldâ€™s natural rubber since 1979 collapsed. This paper analyzed the impacts of this international agreement on both the global trade and supply of natural rubber as well as on Indonesia, a major producer...

Persistent link: https://www.econbiz.de/10011156415

Price-Quantity Competition of Farsighted Firms : Toughness vs. Collusion

Sandomirskaiay, Marina - 2015

The paper examines an interaction of boundedly rational firms that are able to calculate their gains after reaction of an opponent to their own deviations from the current strategy. We consider an equilibrium concept that we call a Nash-2 equilibrium. We discuss the problem of existence and...

Persistent link: https://www.econbiz.de/10013024415

Developer Heterogeneity and Formation of Communication Networks in Open Source Software Projects

Singh, Param Vir; Tan, Yong - 2017

Over the last few years, open source software (OSS) development has gained a huge popularity and has attracted a large … variety of developers under its fold. According to software engineering folklore, the architecture and the organization of … software depend on the communication patterns of the contributors. Communication patterns among developers influence knowledge …

Persistent link: https://www.econbiz.de/10014047167

Entry or exit? : the effect of voluntary participation on cooperation

Nosenzo, Daniele; Tufano, Fabio - 2015

We study the effects of voluntary participation on cooperation in collective action problems. Voluntary participation may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an exit mechanism, whereby the opportunity to leave the...

Persistent link: https://www.econbiz.de/10011434271