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1 - 10 van 28 voor simple production game
team incentives public organisations experimental study pdf
... study a game in which individuals choose between a 'public firm'and 'private firm' in a labour market. in both firms, two individuals form a team and play a simple production game. after describing the rules of the game, we study its properties, first under the assumption that individuals are only ...
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appendix derivations dsge model pdf
... time periods, with one budget constraint for each time period no simple task. there is, fortunately, an easier method available. it involves ... +j, j (2.11) we further impose a no ponzi game condition to set the limit term to zero and define ... shares in production firms and direct investment in the capital stock. production firms rent capital from actuarial firms who own the capital. production firms ...
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access regulation and adoption voip pdf
... r is sufficiently large. profit functions, structure of the game and equilibrium before consumers learn voip prices, they ... theory to telecommunications markets see peitz (2005). in our simple price competition model, voip prices are indeed strategic complements. ... science, 91-117. ebrill, l. and s. slutsky, 1990, production efficiency and optimal pricing in intermediate-good regulated industries ...
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Microsoft Word - doc73.doc
... by better and new products (product innovation) and improved production techniques (process innovation). in terms of dynamic efficiency, we ... government's role in these industries has shifted from player to game designer and referee. in section 2.3, we discuss ... the question regarding contractibility is difficult to answer with a simple yes' or no'. several underlying factors contribute to the ...
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Microsoft Word - DP CCCTB voorblad.doc
... cash flows subject to the accumulation constraints and a production function. the production function features three primary factors labour, capital and a ... discounting, its value declines over time. in cortax, we adopt a simple first-order approach to capture the limitations to loss offset ... figure 2). however, profit shifting is not a zero-sum game in cortax (see also hong and smart, 2007). the ...
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competition and access price regulation broadband market pdf
... access price is below marginal cost, hence the incumbent subsidizes the production of service-based firms and makes zero profit. in the case ... utility function yielding the above demand system; for instance the following simple form satisfies u(q) t qt b q from this ... services. 4.1 differentiated cournot equilibrium we consider the same game as described in section 2. solving for the second stage, ...
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Microsoft Word - discussion134.doc
... and salanie (2003) for survey studies). compared to private sector production technologies, public sector work is more likely to involve complex ... and the use of performance thresholds triggered providers to game the system in these ways. with linear contracts, however, ... (which may differ between nclp and ncnp cohorts), a simple comparison between the truncated average durations--controlling for gross ...
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competition and regulation telecommunications markets pdf
... is to create conditions in order to achieve allocative and dynamic efficiency, resulting in efficient production, efficient pricing and the highest benefits for consumers and producers.3 dynamic efficiency denotes ... of facilities-based competition.8 this model, depicting a one-shot or static game, has been made as simple as possible. there are good reasons for analyzing a stylized model. the ...
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Research Memorandum (set-up) [PFP#1092129510]
... to output changes), or the weight firms put on other firms profits. these interpretations have game-theoretic problems, so we prefer not to use these interpretations. - j(2)' where mct ... complicated process due to speculative inventory behaviour. for example in sutton (1991), the production process is quite simple.6 it involves roasting and grinding the coffee beans into the final coffee substance ...
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N:\...\funds and games.wp [PFP#420725591]
... in reducing regional welfare differences? can the political game concerning the distribution of funds be consistent with ... is to reduce differences in welfare between regions. the simple regression above shows that a necessary condition for ... of variation in institutional settings, sectoral patterns of production (due to different comparative advantages), educational levels, technology, preferences, ...
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