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Displaying results 1 to 6 of 6.

  1. Remanufacturing with innovative features
    a strategic analysis
    Author: Cetin, Can Baris; Zaccour, Georges
    Published: [2022]
    Publisher:  GERAD, HÉC Montréal, Montréal (Québec), Canada

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    ZSS 29
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Les cahiers du GERAD ; G-2022, 40 (September 2022)
    Subjects: Remanufacturing; innovation; competition; game theory; pricing
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  2. Board structure variety in cooperatives
    Author: Hendrikse, George W. J.; Nilsson, Jerker
    Published: [2022]
    Publisher:  Erasmus Research Institute of Management (ERIM), Rotterdam

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 1765/137123
    Series: ERIM report series research in management ; ERS-2022-006-ORG
    Subjects: Internal governance; Board of Directors; Management; decision rights; game theory
    Scope: 1 Online-Ressource (circa 14 Seiten), Illustrationen
  3. A contractarian view on homann's ethical approach
    the vision of "new ordoliberalism"
    Author: Davies, Clem; Franke, Marcel; Kuang, Lida; Neumärker, Bernhard
    Published: July 19, 2022
    Publisher:  University of Freiburg, Institute for Economic Research, Götz Werner Chair of Economic Policy and Constitutional Economic Theory (GWP), Freiburg

    Homann's method is a sophisticated theoretical model. As a result, it contains a normative foundation upon which Homann bases his endeavor, as well as numerous conclusions following his positive analysis. We propose extensions to both the normative... more

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    Homann's method is a sophisticated theoretical model. As a result, it contains a normative foundation upon which Homann bases his endeavor, as well as numerous conclusions following his positive analysis. We propose extensions to both the normative and positive aspects of Homann's theory in this article. On a normative basis, we recommend taking into account our approach of New Ordoliberalism. In addition to the prisoner's dilemma, we consider the moral dilemma of the hawk-dove game on a positive footing. Additionally, we also present an experimental design. Die Methode Homanns ist ein ausgefeiltes theoretisches Modell. Es enthält sowohl eine normative Grundlage, auf der Homann sein Unterfangen aufbaut, als auch zahlreiche Schlussfolgerungen, die sich aus seiner positiven Analyse ergeben. In diesem Artikel entwickeln wir Erweiterungen sowohl für die normativen als auch für die positiven Aspekte von Homanns Theorie. Zum Ausbau der normativen Dimension empfehlen wir unseren Ansatz des Neuen Ordoliberalismus zu berücksichtigen. In positiver Hinsicht betrachten wir das moralische Dilemma der Gesellschaft neben der Rekonstruktion im Gefangenendilemma auch im Falke-Taube-Spiel. Weiterhin stellen wir einen Versuchsaufbau hierzu vor.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/262011
    Series: Constitutional economics network working paper series ; no. 2022, 01
    Subjects: constitutional economics; game theory; New Ordoliberalism; social contract experiment; strategy-proofness; renegotiation-proofness; Ordnungsökonomie; Spieltheorie; Neuer Ordoliberalismus; Sozialvertragsexperiment; Manipulationssicherheit; Nachverhandlungsstabilität
    Scope: 1 Online-Ressource (circa 24 Seiten)
  4. Autonomous vehicles
    moral dilemmas and adoption incentives
    Author: Feess, Eberhard; Mühlheußer, Gerd
    Published: July 2022
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    In unavoidable traffic accidents, autonomous vehicles (AVs) face the dilemma of protecting either the passenger(s) or third parties. Recent studies show that most people prefer AVs following a utilitarian approach by minimizing total harm. At the... more

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    In unavoidable traffic accidents, autonomous vehicles (AVs) face the dilemma of protecting either the passenger(s) or third parties. Recent studies show that most people prefer AVs following a utilitarian approach by minimizing total harm. At the same time, however, they would adopt an AV only if it prioritizes the passenger(s), i.e. themselves. As AVs exhibit a lower accident risk in the first place, a regulator therefore faces a trade-off: the harm-minimizing behavior of AVs (ex post efficiency) hampers the willingness to adopt them (ex ante efficiency). Using a game-theoretic model, we analyze how the second-best optimal level of AV passenger protection depends on (i) the AV safety advantage, (ii) the intensity of drivers' social preferences, and (iii) their reluctance to adopt AVs. A higher AV safety advantage may either increase or decrease the second best optimal level of passenger protection.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/263755
    Series: CESifo working paper ; no. 9825 (2022)
    Subjects: autonomous vehicles; ethical dilemma; trolley problem; adoption of new technologies; game theory
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  5. Strategic complexity and the value of thinking
    Author: Gill, David; Prowse, Victoria
    Published: May 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation... more

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    Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they face that situation (where we categorize situations according to the characteristics of play in the previous round). We find that strategic complexity varies significantly across situations, and we find considerable heterogeneity in how responsive subjects' thinking times are to complexity. We also study how variation in response times at the individual level across rounds affects strategic behavior and success: when a subject thinks for longer than she would normally do in a particular situation, she wins less frequently and earns less. The behavioral mechanism that drives the reduction in performance is a tendency to move away from Nash equilibrium behavior. Finally, cognitive ability and personality have no effect on average response times.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/263491
    Series: Discussion paper series / IZA ; no. 15275
    Subjects: response time; decision time; deliberation time; thinking time; complexity; level-k; game theory; strategic game; repeated games; beauty contest; cognitive ability; personality
    Scope: 1 Online-Ressource (circa 70 Seiten), Illustrationen
  6. Are some athletes more cognitive skilled than others when choosing their opponents in skiing-sprint elimination tournaments?
    Author: Karlsson, Niklas; Lunander, Anders
    Published: [2022]
    Publisher:  Örebro University School of Business, Örebro, Sweden

    The study analyzes data from world cup cross-country skiing sprint elimination tournaments for men and women in 2015-2020. In these tournaments prequalified athletes sequentially choose in which of five quarterfinal heats they want to compete. Due to... more

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    The study analyzes data from world cup cross-country skiing sprint elimination tournaments for men and women in 2015-2020. In these tournaments prequalified athletes sequentially choose in which of five quarterfinal heats they want to compete. Due to a time constraint on the day the tournament is held, the recovery time between the elimination heats varies. This implies a clear advantage for the athlete to race in an early rather than in a late quarterfinal to increase the chances of being successful in a possible final. Given that athletes seek to maximize their expected achieved world cup points when choosing quarterfinal, a simple model predicts that higher ranked athletes prefer to compete in early quarterfinals, despite facing expected harder competition. The result is consistent with our empirical analysis of the data. We also develop two estimation methods to investigate whether some athletes are found to be more tactical skilled in their decision making. Our estimates indicate that twelve out of 115 athletes have made choices having an expected positive effect on their performance in terms of achieved world cup points. For 22 athletes the effect is expected to be negative. The estimated individual effects ranges from -3 points to +4 points.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/274598
    Series: Array ; 2022, 13
    Subjects: elimination tournament; game theory; choosing opponents; skiing sprint; tactical skills
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen