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This paper reports the implications of the current state of the art on the science of strategic behavior for the national treatment of different kinds of international environmental public good. While many environmental public goods are managed through multilateral environmental agreements aimed...
Persistent link: https://www.econbiz.de/10010696371
Tuna fisheries in the western and central Pacific Ocean are important globally for both food and economic security. Yellowfin and bigeye tuna stocks in this region are declining, in part due to the juvenile bycatch of these species by the purse seine fishery using floating objects and fish...
Persistent link: https://www.econbiz.de/10010696372
International agreements are necessary for exclusion of non-cooperative behavior. We parameterized an age-structured model for the North Sea herring fishery. The reference points of the current harvest control rule operationalize the precautionary approach. Applying the precautionary approach by...
Persistent link: https://www.econbiz.de/10010696378
The general aim of this paper is to contribute to the study of factors that decrease corruption in the public sector and especially in tax administration. A matter of particular interest will be the effects of raising civil servants’ wages and penalties on the behavior of agents in case of tax...
Persistent link: https://www.econbiz.de/10010698926
We extend the theoretical model of external corporate financing to the case when the buyers of the borrowing firm may default during the financing period. In our setup there is an asymmetric information and hence moral hazard between the lender and the borrower concerning the effrts of the...
Persistent link: https://www.econbiz.de/10010699533
Persistent link: https://www.econbiz.de/10010701414
This paper develops a Stackelberg game model of a one-supplier and one-retailer supply chain with deteriorating product to investigate how to coordinate the price and service level decisions under vendor-managed inventory (VMI) and examine system efficiency. We study the equilibrium price and...
Persistent link: https://www.econbiz.de/10010702877
This paper uses dynamic games with complete and perfect information in solution of water conflict in Central Asia. The benefits and costs of the countries for their actions are modelled as payoffs for decision-makers within the frame of game theory concept. The equilibrium increasing the...
Persistent link: https://www.econbiz.de/10010629347
This paper analyzes the competitive role of retail shopping experience in markets with consumer search costs. We examine how a retailer's advantage in providing consumer shopping experience affects its equilibrium pricing and price advertising strategies. We find that if the consumer valuation...
Persistent link: https://www.econbiz.de/10010630448
The question as to the optimality of advertising pulsing has attracted many researchers over the last half-century. In this paper we specify a market share model in which there are two advertising-setting firms as well as a no-purchase option. The framework is that of a first-order Markov...
Persistent link: https://www.econbiz.de/10010630453