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Equilibrium price dispersion with heterogeneous searchers

Chen, Yongmin; Zhang, Tianle - Volkswirtschaftliche Fakultät, … - 2009

Firms simultaneously set prices in a homogeneous-product market where uninformed consumers search for price information …. Some uninformed consumers are local searchers who visit only one seller, possibly due to high search costs or bounded … rationality; whereas others search sequentially with an optimal reservation price. Equilibrium prices may follow a mixture …

Persistent link: https://www.econbiz.de/10005087521

The effects of technology-as-knowledge on the economic performance of developing countries: An econometric analysis using annual publications data for Botswana, Namibia, and South...

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2007

Extant literature indicates that technology, and by implication its underlying knowledge base, determines long-run economic performance. Absent from the literature with respect to developing countries are quantitative assessments of the nexus between technology as knowledge and economic...

Persistent link: https://www.econbiz.de/10005836365

The Effects of Interim Performance Evaluations under Risk Aversion

Yurday, Zeynep - Volkswirtschaftliche Fakultät, … - 2003

This paper reconsiders the applicability of a recently posed theoretical result concerning the optimality of not providing interim performance evaluations to the agent when implementing a given amount of total effort. The model used by Lizzeri, Meyers and Persico (2002) under the assumption of a...

Persistent link: https://www.econbiz.de/10005836875

On the fundamentals of winning virtuous strategies creation toward leveraged buyout transactions implementation during private equity investment in conditions of resonant absorptio...

Ledenyov, Dimitri O.; Ledenyov, Viktor O. - Volkswirtschaftliche Fakultät, … - 2014

The authors perform an original research on the fundamentals of winning virtuous strategies creation toward the leveraged buyout transactions implementation during the private equity investment in the conditions of the resonant absorption of discrete information in the diffusion - type financial...

Persistent link: https://www.econbiz.de/10011156987

Generalisation of Samet's (2010) agreement theorem

Tarbush, Bassel - Volkswirtschaftliche Fakultät, … - 2011

We develop a framework that allows us to reproduce the generalised agreement theorem of Samet (2010), and extend it to models with a non-partitional information structure, while highlighting the features that distinguish the result from the classic theorems found in the literature. Furthermore,...

Persistent link: https://www.econbiz.de/10008855551

Agreeing to disagree with generalised decision functions

Tarbush, Bassel - Volkswirtschaftliche Fakultät, … - 2011

We develop a framework that allows us to emulate standard results from the “agreeing to disagree" literature with generalised decision functions (e.g. Bacharach (1985)) in a manner the avoids known incoherences pointed out by Moses and Nachum (1990). We analyse the implications of the...

Persistent link: https://www.econbiz.de/10008855561

L'avenir de l'information économique

BUDA, Rodolphe - Volkswirtschaftliche Fakultät, … - 1997

The high School of Colombes (France) - Lycée Guy de Maupassant - has organized a conference where some specialists were invited to debate about "L'avenir de l'information économique". This paper reports the main ideas developed during the conference. R.Courbis (GAMA, University Paris 10),...

Persistent link: https://www.econbiz.de/10009368477

Asymmetric information in the civil wars, the Colombian case

Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2010

The aim of this paper is to interpret the relationships between information networks and the armed conflict in Colombia. Over a period of paramilitary violence networks of informants were used with a strategic purpose. In fact, the paramilitaries were preparing each slaughter counting...

Persistent link: https://www.econbiz.de/10009372512

The rhetoric of economics

Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2010

This article offers an approach to the general structure of the rhetoric in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly and...

Persistent link: https://www.econbiz.de/10009372536

The Institutional Framework and Decision Making in Sudan

Mohamed, Issam A.W. - Volkswirtschaftliche Fakultät, … - 2010

The study here reviews the institutional structure of the Sudanese government. Truly, though it is stigmatized as totalitarian, the structure is phenotypically perfect. Ministry of Ministries council is supposed to cater for analyzing data concerning ministries performance, drawing strategic...

Persistent link: https://www.econbiz.de/10009359954

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