(Originally published in Theory and Decision (2007) 62:281-301 (c) Springer) - We consider fixed and asking price strategies in the con- text of selling an asset with Bernoullian updating of the seller’s subjective probability of sale at a given price. The determination of optimal fixed,...

We consider fixed and asking price strategies in the context of selling an asset with Bernoullian updating of the seller’s subjective probability of sale at a given price. The determination of optimal fixed, asking and endogenous reservation prices is discussed under risk-neutrality and...

An original index is introduced for measuring the extent of the overall bilateral balance of migration among countries within a region which allows comparisons of the balance over time as well as between regions and various possible sub-regions. It is shown that having constructed the index it...

Whilst firms often prefer secrecy to patents and process innovations particu- larly lend themselves to secrecy, we establish a rationale for process innovators who patent. Using a simple two-period model, we show that under myopic op- timisation, the incentive to patent rather than pursue...

This paper seeks to examine changes in the balance of intra-European migration during the years 1985-99. We construct two indices for measuring intra-European migration between each member state and the rest of the EU15. Non-parametric tests indicate that there is a close and increasing...

(Originally published in the Journal of Economic Behaviour and Organization 2007, 62(4), 657-669) - We examine the effects of and the incentives for increasing input efficiency within a spatially segregated Cournot duopoly with monopoly trade unions whose utility functions depend on both wages...

This paper deals with strategic behaviour of firms in a duopoly, subsequent to the claim by one firm that it has reduced the unit cost of production. A variety of possible strategic equilibria are discussed in the context of a duopoly game between a multinational and a local firm. In the context...