نتایج جستجو برای: professionals preferences
تعداد نتایج: 139823 فیلتر نتایج به سال:
We study concurrent games with finite-memory strategies where players are given a Büchi and a mean-payoff objective, which are related by a lexicographic order: a player first prefers to satisfy its Büchi objective, and then prefers to minimise costs, which are given by a mean-payoff function. In particular, we show that deciding the existence of a strict Nash equilibrium in such games is decid...
This paper investigates how interest rates on liquid assets and excess returns on risky assets are determined when only safe assets can be used as liquid assets when waiting for an informative signal of future payoffs. In particular, we carefully differentiate between a demand for liquid assets while waiting for new information and a demand for safe assets for precautionary reasons. Employing K...
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences should overbid in equilibrium when they know their rival has a higher value than their own, and bidders wi...
Battigalli and Siniscalchi’s [Journal of Economic Theory 106, 356-391 (2002)] notion of “strong belief”in conditional probability systems and Yang’s [Journal of Economic Theory, forthcoming] notion of “weak assumption”in lexicographic probability systems are unified by the same requirements on preferences. Our analysis, hence, reconciles the tension between Battigalli and Siniscalchi’s characte...
Ambiguity preferences are important to explain human decision-making in many areas in economics and finance. To measure individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet, laboratory experiments are costly and require a lot of time and administrative effort. This study develops an ambiguity preference survey module th...
ment in a privacy-enhanced collaborative environment. In P. Kommers, & P. Isaías (Eds.) Proceedings of the IADIS International Conference e-Society 2010, (pp. 3–10). International Association for Development of the Information Society (IADIS), Porto: IADIS Press. URL: http://www.iadisportal.org/digital-library/role-management-in-a-privacyenhanced-collaborative-environment, Slides: http://www.sl...
The civil justice system has been in a constant flux in the past decades due to changes in society and litigants’ behaviour, as well as the increased factual and legal complexity of cases. The number of cases has been steadily increasing in many countries while the available budget required for more judicial staff, improving judicial case management, digitalisation of processes, and the require...
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