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This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with...
Persistent link: https://www.econbiz.de/10010681117
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
This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with...
Persistent link: https://www.econbiz.de/10010681701
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
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
The paper studies the applicability of game theory to the last period of an international joint venture life cycle. Since the past three decades were marked by the prosperity of multinational enterprises, IJVs are coming more and more in a mature stage. The termination of a cross-border business...
Persistent link: https://www.econbiz.de/10010691701
The class of defensive online portfolio selection algorithms, designed for finite investment horizon, is introduced. The game constantly rebalanced portfolio and the worst case game constantly rebalanced portfolio, are presented and theoretically analysed. The analysis exploits the rich set of...
Persistent link: https://www.econbiz.de/10010691804
Seller reputation is an important asset because buyers often choose sellers on the basis of their reputation. This is particularly true when the quality of the good or service transacted is hard to measure and the parties cannot perfectly contract on the outcome of the transaction. As a...
Persistent link: https://www.econbiz.de/10010693751