5,385 research outputs found
Education and Training in St. Vincent and the Grenadines: A Partially Annotated Bibliography
No full textThis bibliography on “Education and Training in St. Vincent and the Grenadines” has been specifically prepared for the UWI School of Continuing Studies’ St. Vincent and the Grenadines Conference. It covers all aspects of education and training in St. Vincent and the Grenadines including: Academic achievement,economics of education, educational infrastructure, literacy and mathematics education
Bargaining and Delay in Patent Licensing
No full textWe consider amodel for licensing a non-drastic innovation in which the patent holder (an outside innovator) negotiates either up-front fixed fees or per-unit royalties with two firms producing horizontally differentiated brands and competing `a la Cournot. We investigate how licensing schemes (fixed fee or per-unit royalty) and the number of licenses sold (exclusive licensing or complete technology diffusion) affect price agreements and delays in reaching an agreement.We show that, under complete information, the patent holder prefers to license by means of upfront fixed fees whatever the degree of product differentiation, the innovation size and the level of bargaining power. Once there is private information about the relative bargaining power of the parties, the patent holder may prefer licensing by means of per-unit royalties even if market competition is strong. Moreover, the delay in reaching an agreement is greater whenever the patent holder chooses to negotiate up-front fixed fees instead of per-unit royalties
Norman Vincent Peale portrait
No full textPortrait of author and minister Norman Vincent Peale, ca. 1984. Peale was born on May 31, 1898, in Bowersville, Ohio. He graduated from Ohio Wesleyan University and became one of the most influential ministers of the twentieth century, known for his dynamic and energetic sermons. He preached an optimistic message that many Americans accepted during such trying events as the Great Depression, World War II, the Cold War, and the Civil Rights Movement. His sermons were broadcast on the radio and shown on television all across the United States. Peale also published forty-six books, his most popular being "The Power of Positive Thinking.
Myopic-Farsighted Absorbing Networks
No full textWe propose the notion of myopic-farsighted absorbing set to determine the networks that emerge in the long run when some players are myopic while others are farsighted. A set of networks is a myopic-farsighted absorbing set if (no external deviation) there is no myopic-farsighted improving path from networks within the set to some networks outside the set, (external stability) there is a myopic-farsighted improving path from any network outside the set to some network within the set, and (minimality) there is no proper subset satisfying no external deviation and external stability. Contrary to the notion of myopic-farsighted stable set [Herings, Mauleon and Vannetelbosch (J. Econ. Theory, 2020), Luo, Mauleon and Vannetelbosch (Econ. Theory, 2021)], we show that a myopic-farsighted absorbing set always exists. We partially characterize the myopic-farsighted absorbing sets and we provide sufficient conditions for the equivalence between a myopic-farsighted absorbing set and a myopic-farsighted stable set. We also introduce and fully characterize the notion of proper myopic-farsighted absorbing set that refines the concept of myopic-farsighted absorbing set by selecting the more absorbing networks. Finally, we consider a threshold game that illustrates the role of the relative number of farsighted and myopic players for reaching efficienc
Von Neumann-Morgenstern farsightedly stable sets in two-sided matching
No full textWe adopt the notion of von Neumann-Morgenstern (vNM) farsightedly stable sets to determine which matchings are possibly stable when agents are farsighted in one-to-one matching problems. We provide the characterization of vNM farsightedly stable sets: a set of matchings is a vNM farsightedly stable set if and only if it is a singleton subset of the core. Thus, contrary to the vNM (myopically) stable sets [Ehlers, J. of Econ. Theory 134 (2007), 537-547], vNM farsightedly stable sets cannot include matchings that are not in the core. Moreover, we show that our main result is robust to many-to-one matching problems with substitutable preferences: a set of matchings is a vNM farsightedly stable set if and only if it is a singleton set and its element is in the strong core.Matching problem, von Neumann-Morgenstern stable sets, farsighted stability
Myopic or Farsighted? An Experiment on Network Formation
No full textPairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in network formation. It assumes myopic behavior of the agents in the sense that they do not forecast how others might react to their actions. Assuming that agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test these theories. Our results provide support for farsighted stability and strongly reject the idea of myopic behavior.Network Formation, Experiment, Myopic and Farsighted Stability
Market integration in network industries
No full textWhat is the effect of product market integration on the market equilibrium in the presence of international network externalities in consumption? To address this question, we set up a spatial two-country model and we find that the economic forces at work may have an ambiguous effect on prices
François Vincent
No full textGrandbois introduces Vincent's paintings and prints from 1992 to 1998, analysing the artist's main source of inspiration - the body - while describing his use of the three studios he frequents. Includes a text by Vincent on humour in art. Texts in English, French and Japanese. Biographical notes on artist and author
Market Integration and Strike Activity
No full textWe consider a two-country model of wage determination with private information in unionized imperfectly competitive industries. We investigate the effects of separated product markets opening up for competition as well as of further market integration on the negociated wage and the maximum delay in reaching an agreement. From an initial situation of reciprocal intra-industry trade, an increase in product market integration will decrease the maximal delay in reaching an agreement. However, markets opening up for competition have an ambiguous effect on both the wage outcome and the maximum real delay time in reaching an agreement.economic integration; product market competition; wage bargaining; strike activity
Connections among farsighted agents
No full textfarsighted players, stability, efficiency, connections model, buyer-seller networks
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