منابع مشابه
Ferdinand Mittermaier: Subsidy Competition and the Role of Firm Ownership
This paper addresses the role that foreign vs. domestic ownership of companies plays for governments in asymmetric countries’ competition for a multinational’s subsidiary. I argue that equilibrium subsidies as well as a foreign investor’s location decision in policy competition between these countries critically depend on the ownership structure of incumbent firms. This shows that small countri...
متن کاملChoosing fair lotteries to defeat the competition
We study the following game: each agent i chooses a lottery over nonnegative numbers whose expectation is equal to his budget bi. The agent with the highest realized outcome wins (and agents only care about winning). This game is motivated by various real-world settings where agents each choose a gamble and the primary goal is to come out ahead. Such settings include patent races, stock market ...
متن کاملAchieving Stable and Fair Profit Allocation with Minimum Subsidy in Collaborative Logistics
With the advent of e-commerce, logistics providers are faced with the challenge of handling fluctuating and sparsely distributed demand, which raises their operational costs significantly. As a result, horizontal cooperation are gaining momentum around the world. One of the major impediments, however, is the lack of stable and fair profit sharing mechanism. In this paper, we address this proble...
متن کاملBanks’ Voluntary Adoption of Fair Value Accounting and Interbank Competition∗
We study the role of interbank competition in shaping banks’ incentives to use fair-value accounting voluntarily and the impact of fair-value discretion on banks’ competing strategies. We find that allowing banks discretion to use fair-value accounting may give rise to multiple equilibria in situations where the equilibrium would be otherwise unique. When the profitability in the banking indust...
متن کاملFrom C to Shining C : Competition and Cross - Subsidy in Communications
supports research bearing on economic and public policy issues. The SIEPR Discussion Paper Series reports on research and policy analysis conducted by researchers affiliated with the Institute. Working papers in this series reflect the views of the authors and not necessarily those of Abstract A major directive of the Telecommunications Act of 1996 is that regulators are to remove implicit subs...
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ژورنال
عنوان ژورنال: Aeronautics and Aerospace Open Access Journal
سال: 2017
ISSN: 2576-4500
DOI: 10.15406/aaoaj.2017.01.00006