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Now showing items 21-22 of 22
Developing Country Second-Mover Advantage in Competition Over Standards and Taxes
(Vanderbilt University, 2009)
We show that, in competition between a developed country and a developing country over environmental standards and taxes, the developing country may have a 'second-mover advantage.' In our model, firms do not unanimously ...
Subgame Perfect Cooperation in an Extensive Game
(Vanderbilt University, 2010)
Abstract: This paper brings together two of the most important solution concepts of game theory –subgame-perfect Nash equilibrium of a non-cooperative game and the core of a cooperativegame. Our approach rests on two ...