Narrow search
Showing 1 - 10 of 25,848
Cover Image
Information, Stability and Dynamics in Networks under Institutional Constraints
Olaizola, Norma; Valenciano, Federico - Fondazione ENI Enrico Mattei (FEEM) - 2010
In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More … setting the part of the current network within each connected component of the cover is assumed to be common knowledge to all … players in that component. Based on this two-ingredient model, network and societal cover, we examine the impact of societal …
Persistent link: https://www.econbiz.de/10008674344
Cover Image
Information, stability and dynamics in networks under institutional constraints
Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2010
In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More … the part of the current network within each connected component of the cover is assumed to be common knowledge to all … players in that component. Based on this two-ingredient model, network and societal cover, we examine the impact of societal …
Persistent link: https://www.econbiz.de/10008455835
Cover Image
Network formation under institutional constraints
Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2011
We study the effects of institutional constraints on stability, efficiency and network formation. An exogenous … examine the impact of such societal constraints on stable/efficient architectures and on dynamics. We also study stability and …
Persistent link: https://www.econbiz.de/10009493838
Cover Image
When focal points are out of focus: A game-theoretic analysis of 'Come Dine with Me'
Schüller, David; Upmann, Thorsten - 2013
We interpret the TV-show Come Dine with Me as a simultaneous non-cooperative game with evaluation levels as strategic variables, and show that it belongs to a class of strategic games which we label mutual evaluations games (MEG). Any MEG possesses a zero equilibrium - i. e. a Nash equilibrium...
Persistent link: https://www.econbiz.de/10010291880
Cover Image
Government-sponsored microfinance program: Joint liability vs. individual liability
Mukherjee, Arghya Kusum; Kundu, Amit - In: Cogent Economics & Finance 2 (2014) 1, pp. 1-14
Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
Persistent link: https://www.econbiz.de/10011559127
Cover Image
The Nash equilibrium in the policy mix model for Czechia, Hungary, and Romania
Stawska, Joanna; Malaczewski, Maciej; Malaczewska, Paulina - In: Cogent Economics & Finance 9 (2021) 1, pp. 1-14
The aim of the paper is to compare the sensitivity of a government's fiscal policy and a central bank's monetary policy, which are in Nash equilibrium in the case of a non-cooperative game between the government and the central bank in Czechia, Hungary, and Romania. The analysis for each country...
Persistent link: https://www.econbiz.de/10014001330
Cover Image
International cooperation on financial market regulation
Abendschein, Michael; Gölz, Harry - In: International Economics and Economic Policy 18 (2021) 4, pp. 787-824
At the latest the global financial crisis has raised the awareness of the need for a globally coordinated financial market regulation. Even though the necessity to cooperate is widely acknowledged, cooperation is often limited in practice. This article characterizes the formation of...
Persistent link: https://www.econbiz.de/10014501759
Cover Image
Government-sponsored microfinance program : joint liability vs. individual liability
Mukherjee, Arghya Kusum; Kundu, Amit - In: Cogent economics & finance 2 (2014) 1, pp. 1-14
Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
Persistent link: https://www.econbiz.de/10010489788
Cover Image
The Nash equilibrium in the policy mix model for Czechia, Hungary, and Romania
Stawska, Joanna; Malaczewski, Maciej; Malaczewska, Paulina - In: Cogent economics & finance 9 (2021) 1, pp. 1-14
The aim of the paper is to compare the sensitivity of a government's fiscal policy and a central bank's monetary policy, which are in Nash equilibrium in the case of a non-cooperative game between the government and the central bank in Czechia, Hungary, and Romania. The analysis for each country...
Persistent link: https://www.econbiz.de/10013183737
Cover Image
Modelling "race to the bottom" effect on the self-regulated markets
Kolesnik, Georgiy - Volkswirtschaftliche Fakultät, … - 2015
The effect of the competition among self-regulatory organizations (SROs) on the efficiency of the corresponding goods and services markets is studied. It is shown that under certain conditions the competition among SROs worsens the quality of the goods and services and leads to decreasing...
Persistent link: https://www.econbiz.de/10011272698