Showing 1 - 10 of 17
Experimental evidence suggest that people only use 1-3 iterations of strategic reasoning, and that some people systematically use less iterations than others. In this paper, we present a novel evolutionary foundation for these stylized facts. In our model, agents interact in finitely repeated...
Persistent link: https://www.econbiz.de/10011258924
Experimental evidence suggest that people only use 1-3 iterations of strategic reasoning, and that some people systematically use less iterations than others. In this paper, we present a novel evolutionary foundation for these stylized facts. In our model, agents interact in finitely repeated...
Persistent link: https://www.econbiz.de/10011259605
The South Asian Association for Regional Cooperation (SAARC) is the least integrated economy in the Asia-Pacific region … should be given to liberalization of investment flows, higher technology cooperation, and cooperation in areas of education …
Persistent link: https://www.econbiz.de/10011259876
In this study we try to observe whether growing China and India will Challenge the existing World Order or will they prefer status quo, and if they don’t then how they will assert themselves with in the existing system. Based on reality checks, we concluded that India and China are not...
Persistent link: https://www.econbiz.de/10011261008
retailers is low, these latter are worse off with partial-cooperation with respect to non-cooperation. Partial-cooperation is … always the worst case for the manufacturer, the whole channel, consumers' surplus and social welfare, while cooperation is …
Persistent link: https://www.econbiz.de/10009372516
remain largely unexplored. This paper examines the historical relationship between risk, cooperation and the emergence of …
Persistent link: https://www.econbiz.de/10008753051
The paper extends a theoretical framework for analyzing competition and innovation in presence of horizontal spillovers. Introducing two scenarios, it is shown that when firms behave non-cooperatively in both the R&D and production stages the degree of spillover has a negative relationship with...
Persistent link: https://www.econbiz.de/10011108600
the effect of natural land productivity on the desirable level of cooperation in the agricultural sector. In early stages … of development, unfavorable land endowment enhanced the economic incentive for cooperation in the creation of … effects of cooperation on the intensive margin of agriculture, low land productivity countries lagged behind during the …
Persistent link: https://www.econbiz.de/10011108929
spillovers all interacting within a hypothetical industry. In a two-stage sequential game framework, four types of cooperation … are studied: full non-cooperation; cooperation in both stages; cooperation only in the R&D stage; and simultaneous … cooperation and non-cooperation in the R&D stage. It is shown that the effect of competition on total innovation investment varies …
Persistent link: https://www.econbiz.de/10011111518
of cooperation in the agricultural sector, had a persistent effect on the evolution of social capital, the process of … establishes that lower level of land productivity in the past is associated with more intense cooperation and higher levels of …
Persistent link: https://www.econbiz.de/10011111722