A Characterization Of Strategic Complementarities

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Strategic Complementarities and Endogenous Heterogeneity in Oligopolistic Markets

Author : Malgorzata Knauff
Publisher : Presses univ. de Louvain
ISBN 13 : 9782874630118
Total Pages : 168 pages
Book Rating : 4.6/5 (31 download)

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Book Synopsis Strategic Complementarities and Endogenous Heterogeneity in Oligopolistic Markets by : Malgorzata Knauff

Download or read book Strategic Complementarities and Endogenous Heterogeneity in Oligopolistic Markets written by Malgorzata Knauff and published by Presses univ. de Louvain. This book was released on 2006 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thesis consists of five chapters. The first of them contains introduction. Chapter 2 considers a broad class of two player symmetric games, which display a fundamental non-concavity when actions of both players are about to be the same. This implies that no symmetric equilibrium is possible. We distinguish different properties of the payoff functions, like strategic substitutes, complements and quasi-concavity, which are not necessarily imposed globally on the joint action space. A number of applications from industrial organization and applied microeconomics literature are provided. In Chapter 3 we generalize to the extent possible the known results for the case of games with one-dimensional action sets to the general case of games with action spaces that are complete lattices. We find that in the general case the scope for asymmetric equilibrium behavior is definitely broader than in the one-dimensional case, though still quite limited. Moreover, we investigate under which sufficient conditions asymmetric pure strategy Nash equilibria are always Pareto dominated by symmetric pure strategy Nash equilibria. In Chapter 4 we deal with the effects of market transparency on prices in the Bertrand duopoly model. We consider two types of strategic interaction between firms in an industry - strategic complementarities and substitutabilities. In the first case, the results are close to conventional wisdom, especially, when in the same time products are substitutes. Namely, equilibrium prices and profits are always decreasing in transparency level, while the consumer’s surplus is increasing. Considering price competition with strategic substitutes, an ambiguity in the direction of change of prices appears. This leads to ambiguity concerning equilibrium profits and surplus changes caused by increasing transparency. In Chapter 5 we provide general conditions for Cournot oligopoly with product differentiation to have monotonic reaction correspondences. We give a proof for the conditions stated by Vives (1999). Moreover we elaborate more general requirements. They allow for identifying increasing best responses even in case inverse demand is submodular, and similarly, decreasing best responses in case of supermodular inverse demand. Examples illustrating the scope of applicability of these results are provided.

Oligopoly Pricing

Author : Xavier Vives
Publisher : MIT Press (MA)
ISBN 13 : 9780262220606
Total Pages : 446 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Oligopoly Pricing by : Xavier Vives

Download or read book Oligopoly Pricing written by Xavier Vives and published by MIT Press (MA). This book was released on 1999 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applies a modern game-theoretic approach to develop a theory of oligopoly pricing. The text relates classic contributions to the field of modern game theory and discusses basic game-theoretic tools and equilibrium, paying particular attention to developments in the theory of supermodular games.

Fixed Point Theory in Ordered Sets and Applications

Author : Siegfried Carl
Publisher : Springer Science & Business Media
ISBN 13 : 1441975853
Total Pages : 482 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Fixed Point Theory in Ordered Sets and Applications by : Siegfried Carl

Download or read book Fixed Point Theory in Ordered Sets and Applications written by Siegfried Carl and published by Springer Science & Business Media. This book was released on 2010-11-17 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph provides a unified and comprehensive treatment of an order-theoretic fixed point theory in partially ordered sets and its various useful interactions with topological structures. The material progresses systematically, by presenting the preliminaries before moving to more advanced topics. In the treatment of the applications a wide range of mathematical theories and methods from nonlinear analysis and integration theory are applied; an outline of which has been given an appendix chapter to make the book self-contained. Graduate students and researchers in nonlinear analysis, pure and applied mathematics, game theory and mathematical economics will find this book useful.

Handbook of Game Theory and Industrial Organization, Volume I

Author : Luis C. Corchón
Publisher : Edward Elgar Publishing
ISBN 13 : 178536328X
Total Pages : 567 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Handbook of Game Theory and Industrial Organization, Volume I by : Luis C. Corchón

Download or read book Handbook of Game Theory and Industrial Organization, Volume I written by Luis C. Corchón and published by Edward Elgar Publishing. This book was released on 2018-02-23 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first volume of this wide-ranging Handbook contains original contributions by world-class specialists. It provides up-to-date surveys of the main game-theoretic tools commonly used to model industrial organization topics. The Handbook covers numerous subjects in detail including, among others, the tools of lattice programming, supermodular and aggregative games, monopolistic competition, horizontal and vertically differentiated good models, dynamic and Stackelberg games, entry games, evolutionary games with adaptive players, asymmetric information, moral hazard, learning and information sharing models.

Rationalised panics. The consequences of strategic uncertainty during financial crisis

Author : Tijmen Roderik Danie͏̈ls
Publisher : Rozenberg Publishers
ISBN 13 : 9036101328
Total Pages : 234 pages
Book Rating : 4.0/5 (361 download)

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Book Synopsis Rationalised panics. The consequences of strategic uncertainty during financial crisis by : Tijmen Roderik Danie͏̈ls

Download or read book Rationalised panics. The consequences of strategic uncertainty during financial crisis written by Tijmen Roderik Danie͏̈ls and published by Rozenberg Publishers. This book was released on 2009 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Contemporary Strategy Analysis and Cases

Author : Robert M. Grant
Publisher : John Wiley & Sons
ISBN 13 : 0470747099
Total Pages : 273 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis Contemporary Strategy Analysis and Cases by : Robert M. Grant

Download or read book Contemporary Strategy Analysis and Cases written by Robert M. Grant and published by John Wiley & Sons. This book was released on 2010-04-05 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW! Combined Text & Cases Version Considered by many to be the best textbook on Strategy, Contemporary Strategy Analysis 7th edition builds on the strengths of previous editions by introducing students to the core concepts and principles of strategy. In this most accessible strategy text, Robert M. Grant combines clarity of exposition with concentration on the fundamentals of value creation and an emphasis on practicality. In this seventh edition, a greater focus on strategy implementation reflects the needs of firms to reconcile scale economies with entrepreneurial flexibility, innovation with cost efficiency, and globalization with local responsiveness. Rob Grant eloquently combines theory with current real world examples and practice using a clearly written, logical and comprehensive style. Contemporary Strategy Analysis 7th edition is suitable for both MBA and advanced undergraduate students. Full teachings notes to the cases will be available upon publication at the companion website www.contemporarystrategyanalysis.com Contemporary Strategy Analysis 7th Edition is also available in a text only version – ISBN: 9780470747100

Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality

Author : Jean-Robert Tyran
Publisher : Springer Science & Business Media
ISBN 13 : 3642468837
Total Pages : 235 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality by : Jean-Robert Tyran

Download or read book Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality written by Jean-Robert Tyran and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: In principle, money illusion could explain the inertial adjustment of prices after changes of monetary policy. Hence, money illusion could provide an explanation of monetary non-neutrality. However, this explanation has been thoroughly discredited in modern economics. As a consequence, economists have ever since the 1970s searched for alternative explanations for nominal rigidity. These explanations are all based on the assumption of fully rational economic agents, holding rational expectations. This book argues that money illusion has been prematurely dismissed as an explanation of monetary non-neutrality. Methods of experimental economics are used to investigate the real aggregate effects of money illusion. It is shown that money illusion in fact causes (short-run) real income effects if strategic complementarity prevails. Strategic complementarity is an important characteristic of naturally occurring macroeconomies and is a recurrent theme in most models explaining nominal rigidity.

Supermodularity and Complementarity

Author : Donald M. Topkis
Publisher : Princeton University Press
ISBN 13 : 140082253X
Total Pages : 285 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Supermodularity and Complementarity by : Donald M. Topkis

Download or read book Supermodularity and Complementarity written by Donald M. Topkis and published by Princeton University Press. This book was released on 2011-02-11 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economics literature is replete with examples of monotone comparative statics; that is, scenarios where optimal decisions or equilibria in a parameterized collection of models vary monotonically with the parameter. Most of these examples are manifestations of complementarity, with a common explicit or implicit theoretical basis in properties of a super-modular function on a lattice. Supermodular functions yield a characterization for complementarity and extend the notion of complementarity to a general setting that is a natural mathematical context for studying complementarity and monotone comparative statics. Concepts and results related to supermodularity and monotone comparative statics constitute a new and important formal step in the long line of economics literature on complementarity. This monograph links complementarity to powerful concepts and results involving supermodular functions on lattices and focuses on analyses and issues related to monotone comparative statics. Don Topkis, who is known for his seminal contributions to this area, here presents a self-contained and up-to-date view of this field, including many new results, to scholars interested in economic theory and its applications as well as to those in related disciplines. The emphasis is on methodology. The book systematically develops a comprehensive, integrated theory pertaining to supermodularity, complementarity, and monotone comparative statics. It then applies that theory in the analysis of many diverse economic models formulated as decision problems, noncooperative games, and cooperative games.

Toward a Comparative Institutional Analysis

Author : Masahiko Aoki
Publisher : MIT Press
ISBN 13 : 0262550830
Total Pages : 481 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Toward a Comparative Institutional Analysis by : Masahiko Aoki

Download or read book Toward a Comparative Institutional Analysis written by Masahiko Aoki and published by MIT Press. This book was released on 2023-12-26 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises. In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.

Complementarity of Variable Renewable Energy Sources

Author : Jakub Jurasz
Publisher : Academic Press
ISBN 13 : 0323855288
Total Pages : 746 pages
Book Rating : 4.3/5 (238 download)

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Book Synopsis Complementarity of Variable Renewable Energy Sources by : Jakub Jurasz

Download or read book Complementarity of Variable Renewable Energy Sources written by Jakub Jurasz and published by Academic Press. This book was released on 2022-05-23 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complementarity of Variable Renewable Energy Sources consolidates current developments on the subject, addressing all technical advances, presenting new mapping results, and bringing new insights for the continuation of research and implementation on this fascinating topic. By answering questions such as How can complementarity be used in the operation of large interconnected systems?, What is the real applicability potential of energetic complementarity?, and How will it impact energy generation systems?, this title is useful for all researchers, academic and students investigating the topic of renewable energy complementarity in systems. In just over a decade, the subject of 'energy complementarity' has experienced a growing presence and understanding by researchers and managers of energy resources looking to enhance energy systems. Early research proposed methods to quantify complementarity, the effects of complementarity on performance of hybrid systems, and how to identify and map complementarity between solar energy, wind energy and hydroelectric energy systems. - Includes chapter maps to visualize system performance under different complementarity indexes - Addresses complementarity in the operation of large and small to medium-sized hybrid systems - Provides methods for determining complementarity between various energy sources

EBOOK: Strategy: Analysis and Practice

Author : MCGEE, JOHN/THO
Publisher : McGraw Hill
ISBN 13 : 0077148231
Total Pages : 738 pages
Book Rating : 4.0/5 (771 download)

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Book Synopsis EBOOK: Strategy: Analysis and Practice by : MCGEE, JOHN/THO

Download or read book EBOOK: Strategy: Analysis and Practice written by MCGEE, JOHN/THO and published by McGraw Hill. This book was released on 2010-08-16 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt: EBOOK: Strategy: Analysis and Practice

Southern Economic Journal

Author :
Publisher :
ISBN 13 :
Total Pages : 960 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Southern Economic Journal by :

Download or read book Southern Economic Journal written by and published by . This book was released on 2004 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt:

European Journal of Tourism Research

Author :
Publisher : Varna University of Management
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4./5 ( download)

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Book Synopsis European Journal of Tourism Research by :

Download or read book European Journal of Tourism Research written by and published by Varna University of Management. This book was released on 2018-07-30 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Journal of Tourism Research is an academic journal in the field of tourism, published by Varna University of Management, Bulgaria. Its aim is to provide a platform for discussion of theoretical and empirical problems in tourism. Publications from all fields, connected with tourism such as tourism management, tourism marketing, sociology, psychology, tourism geography, political sciences, mathematics, tourism statistics, tourism anthropology, culture, information technologies in tourism and others are invited. The journal is open to all researchers. Young researchers and authors from Central and Eastern Europe are encouraged to submit their contributions. Regular Articles in the European Journal of Tourism Research should normally be between 4 000 and 20 000 words. Major research articles of between 10 000 and 20 000 are highly welcome. Longer or shorter papers will also be considered. The journal publishes also Research Notes of 1 500 – 2 000 words. Submitted papers must combine theoretical concepts with practical applications or empirical testing. The European Journal of Tourism Research includes also the following sections: Book Reviews, announcements for Conferences and Seminars, abstracts of successfully defended Doctoral Dissertations in Tourism, case studies of Tourism Best Practices. The European Journal of Tourism Research is published in three Volumes per year. The full text of the European Journal of Tourism Research is available in the following databases: EBSCO Hospitality and Tourism Complete CABI Leisure, Recreation and Tourism ProQuest Research Library Individual articles can be rented via journal's page at DeepDyve. The journal is indexed in Scopus and Thomson Reuters' Emerging Sources Citation Index. The editorial team welcomes your submissions to the European Journal of Tourism Research.

Comparative Institutional Analysis

Author : Masahiko Aoki
Publisher : Edward Elgar Publishing
ISBN 13 : 1783476214
Total Pages : 494 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Comparative Institutional Analysis by : Masahiko Aoki

Download or read book Comparative Institutional Analysis written by Masahiko Aoki and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects 22 articles by Masahiko Aoki, selected from writings published over the course of his 45-year academic career. These fascinating essays cover a range of issues, including mechanism design, comparative governance, corporate governan

The Econometric Analysis of Network Data

Author : Bryan Graham
Publisher : Academic Press
ISBN 13 : 0128117710
Total Pages : 244 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis The Econometric Analysis of Network Data by : Bryan Graham

Download or read book The Econometric Analysis of Network Data written by Bryan Graham and published by Academic Press. This book was released on 2020-05-20 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Econometric Analysis of Network Data serves as an entry point for advanced students, researchers, and data scientists seeking to perform effective analyses of networks, especially inference problems. It introduces the key results and ideas in an accessible, yet rigorous way. While a multi-contributor reference, the work is tightly focused and disciplined, providing latitude for varied specialties in one authorial voice.

The Mixed Methods Reader

Author : Vicki L. Plano Clark
Publisher : SAGE
ISBN 13 : 1412951445
Total Pages : 1281 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis The Mixed Methods Reader by : Vicki L. Plano Clark

Download or read book The Mixed Methods Reader written by Vicki L. Plano Clark and published by SAGE. This book was released on 2008 with total page 1281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a collection of key methodological writings in mixed methods research along with a collection of exemplar studies. This cross-disciplinary volume helps define the "literature" of mixed methods research. Selections are draw from the international literature that has appeared across diverse research disciplines over the past 30 years. Key features: writings in the field of mixed methods: methodological selections address research design types and purposes, data collection, data analysis, reporting, and future directions; offers exemplar research studies: examples include published studies from diverse disciplines, including sociology, education, evaluation, health sciences, nursing, and family science; Provides visual diagrams to illustrate exemplar research studies: these diagrams help readers understand how the method's components are implemented and how they can develop diagrams for their own studies.

The Oxford Handbook of the Economics of Networks

Author : Yann Bramoullé
Publisher : Oxford University Press
ISBN 13 : 0199948283
Total Pages : 857 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis The Oxford Handbook of the Economics of Networks by : Yann Bramoullé

Download or read book The Oxford Handbook of the Economics of Networks written by Yann Bramoullé and published by Oxford University Press. This book was released on 2016-03-01 with total page 857 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of the Economics of Networks represents the frontier of research into how and why networks they form, how they influence behavior, how they help govern outcomes in an interactive world, and how they shape collective decision making, opinion formation, and diffusion dynamics. From a methodological perspective, the contributors to this volume devote attention to theory, field experiments, laboratory experiments, and econometrics. Theoretical work in network formation, games played on networks, repeated games, and the interaction between linking and behavior is synthesized. A number of chapters are devoted to studying social process mediated by networks. Topics here include opinion formation, diffusion of information and disease, and learning. There are also chapters devoted to financial contagion and systemic risk, motivated in part by the recent financial crises. Another section discusses communities, with applications including social trust, favor exchange, and social collateral; the importance of communities for migration patterns; and the role that networks and communities play in the labor market. A prominent role of networks, from an economic perspective, is that they mediate trade. Several chapters cover bilateral trade in networks, strategic intermediation, and the role of networks in international trade. Contributions discuss as well the role of networks for organizations. On the one hand, one chapter discusses the role of networks for the performance of organizations, while two other chapters discuss managing networks of consumers and pricing in the presence of network-based spillovers. Finally, the authors discuss the internet as a network with attention to the issue of net neutrality.