Search results for "Game"

showing 10 items of 1663 documents

Strategic sharing of a costly network

2012

We study minimum cost spanning tree problems for a set of users connected to a source. Prim’s algorithm provides a way of finding the minimum cost tree mm. This has led to several definitions in the literature, regarding how to distribute the cost. These rules propose different cost allocations, which can be understood as compensations and/or payments between players, with respect to the status quo point: each user pays for the connection she uses to be linked to the source. In this paper we analyze the rationale behind a distribution of the minimum cost by defining an a priori transfer structure. Our first result states the existence of a transfer structure such that no user is willing to …

Economics and EconometricsMathematical optimizationjel:D630211 other engineering and technologies02 engineering and technologyOutcome (game theory)Subgame perfect equilibriumSet (abstract data type)Distributed minimum spanning treeSubgame perfect equilibrium0502 economics and businessEconomics050207 economicsMinimum cost spanning treeUser paysjel:C71jel:D70Cost allocationFundamentos del Análisis Económico021103 operations researchApplied Mathematics05 social sciencesCost allocationCore (game theory)Tree (data structure)CoreMinimum cost spanning tree; cost allocation; subgame perfect equilibriumTransfer structureJournal of Mathematical Economics
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Open innovation: A real option to restore value to the biopharmaceutical R&D

2014

Abstract The pharmaceutical landscape has changed, and new business models, based on alliances, are increasingly being adopted in this industry. Biotechnology advances have pushed this development, and pooling complementary resources coming from incumbents and newcomers is a key skill to succeed: these are the premises for a quick spread of the open innovation (OI) paradigm in this industry. RD to achieve this goal the authors propose a closed-form model that is easy to implement, to evaluate the OI initiative for selecting an optimal RD i.e. licensing-in or not) and the self-financing policy. The proposed model can be easily implemented into a spreadsheet, and the inputs needed to run it a…

Economics and EconometricsProcess managementPoolingManagement Science and Operations ResearchBusiness modelGeneral Business Management and AccountingPhase (combat)Industrial and Manufacturing EngineeringCore (game theory)Value (economics)EconomicsKey (cryptography)PortfolioMarketingOpen innovationInternational Journal of Production Economics
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Natural versus manufactured capital: win–lose or win–win? A case study of the Finnish pulp and paper industry

2001

Abstract The effect of investments on environmental variables has been discussed through the win–win rhetoric, specifically in micro-level analysis. On the macro-level the win–win rhetoric has been replaced by the arguments for and against the substitutability of natural and manufactured capital. Here these two concepts belonging to different levels of analysis are linked by looking at the environmental and economic effects of chosen investment strategies in a traditionally capital-intensive industry over time. The paper shows that, rather than generalise the existence of win–win situations or the substitutability of capital, these positions are determined by purely situational factors. As …

Economics and EconometricsPublic economicsInvestment strategymedia_common.quotation_subjectContext (language use)MicroeconomicsWin-win gameCapital (economics)RhetoricEconomicsNatural (music)Environmental policySituational ethicsGeneral Environmental Sciencemedia_commonEcological Economics
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Multiproduct trading with a common agent under complete information: Existence and characterization of Nash equilibrium

2014

This paper focuses on oligopolistic markets in which indivisible goods are sold by multiproduct firms to a continuum of homogeneous buyers, with measure normalized to one, who have preferences over bundles of products. Our analysis contributes to the literature on private, delegated agency games with complete information, extending the insights by Chiesa and Denicolò (2009) to multiproduct markets with indivisibilities and where the agent's preferences need not be monotone. By analyzing a kind of extended contract schedules -mixed bundling prices- that discriminate on exclusivity, the paper shows that efficient equilibria always exist in such settings. There may also exist inefficient equil…

Economics and EconometricsSequential equilibriumjel:D4105 social sciencesjel:C72Trembling hand perfect equilibriumSymmetric equilibrium050301 educationjel:D21jel:D43Multiproduct Price Competition Delegated Agency Games Mixed Bundling Prices Subgame Perfect Nash Equilibrium Strong EquilibriumSubgame perfect equilibriumMicroeconomicssymbols.namesakeSubgameNash equilibriumEquilibrium selection0502 economics and businessjel:L13symbolsEconomicsEpsilon-equilibrium0503 educationMathematical economics050205 econometrics
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Explaining User Experience in Mobile Gaming Applications: An fsQCA Approach

2019

Purpose In the complex ecosystem of mobile applications multiple factors have been used to explain users’ behavior, without though focusing on how different combinations of variables may affect user behavior. The purpose of this paper is to show how price value, game content quality, positive and negative emotions, gender and gameplay time interact with each other to predict high intention to download mobile games. Design/methodology/approach Building on complexity theory, the authors present a conceptual model followed by research propositions. The propositions are empirically validated through configurational analysis, employing fuzzy-set qualitative comparative analysis (fsQCA) on 531 a…

Economics and EconometricsSociology and Political ScienceComputer scienceDownloadQualitative comparative analysisbusiness.industryCommunicationmedia_common.quotation_subjectVariance (accounting)Data scienceOutcome (game theory)User experience designConceptual modelConfigurational analysisQuality (business)businessmedia_common
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Inducing efficient conditional cooperation patterns in public goods games, an experimental investigation

2010

This study analyses the behavior in a repeated public goods game when subjects know about the possibility of existence of strict conditional cooperators. We employed a baseline treatment and a threat treatment in which subjects are informed about the possibility of being in a group together with automata playing a grim trigger strategy. We conjecture the resulting game allows for almost fully efficient outcomes. Contributions in the threat treatment increase by 40% before a surprise restart, and by 50% after the surprise restart. In line with the grim trigger strategy subjects contribute either all or nothing in the threat treatment.

Economics and EconometricsSociology and Political ScienceGrim triggermedia_common.quotation_subjectSocial dilemmaPublic goodStrict conditionalSocial groupMicroeconomicsSurpriseEconomicsPublic goods gameBaseline (configuration management)Social psychologyApplied Psychologymedia_commonJournal of Economic Psychology
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"Facta non verba" : an experiment on pledging and giving

2015

International audience; We design an experiment to investigate whether asking people to state how much they will donate to a charity (i.e., to pledge) increases their actual donation. Individuals’ endowment is either certain or a random variable. We study different types of pledges, namely, private, public and irrevocable, which differ in terms of the cost to the individual for not keeping the promise. We show that in absence of endowment uncertainty, private and public pledges are associated with lower donations as compared to donations in the no-pledge case: private pledges slightly reduce donations and public pledges reduce them more significantly. Donations increase with uncertainty (in…

Economics and EconometricsSociology and Political Sciencecharitable givingEndowmentmedia_common.quotation_subject050109 social psychologyMonetary economicsjel:D64Pledgejel:D03Dictator gameState (polity)Political sciencedictator game0502 economics and businessEconomics0501 psychology and cognitive sciencesStatistical dispersionJEL: C - Mathematical and Quantitative Methods/C.C9 - Design of Experiments/C.C9.C91 - Laboratory Individual BehaviorJEL: D - Microeconomics/D.D6 - Welfare Economics/D.D6.D64 - Altruism • Philanthropy050207 economicsApplied PsychologyPledgemedia_commonLaw and economicsjel:C91business.industryCommunication05 social sciencesCharity givingPublic relations[SHS.ECO]Humanities and Social Sciences/Economics and FinanceCharity givingPledgeCommitmentCommunicationExperimentsCommitmentDonation[SHS.GESTION]Humanities and Social Sciences/Business administrationbusinessExperimentsJEL: D - Microeconomics/D.D0 - General/D.D0.D03 - Behavioral Microeconomics: Underlying PrinciplesCharity giving; Pledge; Commitment; Communication; ExperimentsJEL: D - Microeconomics/D.D0 - General
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Urban agglomerations, knowledge-intensive services and innovation: establishing the core connections

2014

This paper investigates how resources available in urban agglomerations influence the organizational form, innovation activity and collaborative linkages of knowledge-intensive business services (KIBS) firms. Compared with their counterparts elsewhere, KIBS located in Norwegian large city labour market regions are more likely to be independent of multi-establishment business organizations and thus reliant on resources available externally, in their locations. This is most pronounced in the central and Western business districts of the capital, wherein independent KIBS exhibit high turnover of professionals and are less inclined to engage actively in innovation. Yet, those that do engage use…

Economics and EconometricsUrban agglomerationCapital regionDevelopmentCore (game theory)Organizational formUrban economicsUrbanizationCapital (economics)Economic geographyBusinessBusiness and International ManagementMarketingLarge cityEntrepreneurship & Regional Development
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Cooperation and Status in Organizations

2010

We report the results of experiments designed to test the effect of social status on contributions to a public good, with and without punishment. The experiments are conducted in four-person groups in a “star” network, where one central player observes and is observed by the others. This imposes a social structure on the game, and gives the central player a leadership role in the group, simply by virtue of being commonly observed. We further manipulate status by allocating the central position to the person who earns the highest, or the lowest, score on a trivia quiz. These high-status and low-status treatments are compared, and we find that the effect of organizational structure—the existe…

Economics and EconometricsVirtueSociology and Political SciencePunishment (psychology)business.industrymedia_common.quotation_subjectStar (game theory)Public relationsPublic goodDifferential effectsTest (assessment)EconomicsPosition (finance)businesshuman activitiesSocial psychologyFinancemedia_commonSocial statusJournal of Public Economic Theory
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Equilibrium characterization of networks under conflicting preferences

2017

In this work we characterize equilibrium introduced in configurations for networks with conflicting preferences. We use the model Hernandez et al. (2013) to study the effect of three main factors: the strength of individual preferences, the level of integration in the network, and the intensity of conflict in the population. Our aim is to understand how likely is it that social outcomes are either those in which preferences dominate choices or those in which some individuals sacrifice their preferences to achieve consensus with others. Our results show that, the stronger individual preferences, the harder to achieve consensus in choices. However, in cases where the payoff ratio is less extr…

Economics and Econometricseducation.field_of_study05 social sciencesStochastic gamePopulationCharacterization (mathematics)MicroeconomicsWork (electrical)0502 economics and businessEconomicsCoordination game050207 economicseducationFinance050205 econometrics Economics Letters
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