The English auction is susceptible to tacit collusion when post-auction inter-bidder resale is allowed. We show this by constructing equilibria where, with positive probability, one bidder wins the auction without any competition and divides the spoils by optimally reselling the good to the other bidders. These equilibria interim Pareto dominate (among bidders) the standard value-bidding equili...

Introduction Even as philanthropy has played a role in financing public health for centuries, the past few years have seen a significantly increased investment in the health sector in lowand middle-income (LMIC) settings through the interventions of large private philanthropic organizations. This change has been accompanied by widespread tacit approbation in the community of beneficiary academi...

In this paper we carefully reexamine the various framworks existing in the field of relativistic thermodynamics. We scrutinize in particular the different conceptual foundations of notions like the relativistic work, heat force, moving heat and relativistic temperature. As to the latter notion we argue that, as in ordinary thermodynamics, relativistic absolute temperature should be introduced o...

Discussion of tacit knowledge shows much ambiguity over key aspects of the concept. Rather than turning to further theory, this paper examines how the phrase has been applied in empirical research. Eight different uses of the term are identified, six concerning individual level and two collective level notions. Focusing on individual level notions it is argued that some of these uses involve ex...

The nature of the relationship between the structure of the market in which banks operate-the number and size distribution of actual competitors in a market-and their performance has been examined in a considerable number of empirical studies over the past 20 years.' Industrial organization economists have investigated the structure; performance relationship for a wide variet). of intraand inte...

rhetoric – which means correspondence of discourse to the conditions of the audience – has always been considered as the manifestation of the quran’s inimitability and matchlessness. accordingly, semantics has been invented to obtain an exact understanding of the different dimensions of rhetoric in discourse in general, and in the divine word in particular. this science sets out to inspect disc...

Key words: strong thesis of tacit knowledge, weak theses of tacit knowledge, Wittgensteinian tradition, Polanyian tradition, Chinese philosophy In this paper, I attempt to create a dialogue between the Wittgensteinian tradition and the Polanyian tradition concerning the understanding of the concept of tacit knowledge/knowing from the perspective of the problem of articulation. Norwegian philoso...

Experience contributes to tacit knowledge acquisition but its role especially in the academic domain remains unclear. This study investigates the role of experience in tacit knowledge acquisition in Malaysian academia using the mixed methods approach with grounded theory as the qualitative approach followed by survey. It is discovered that tacit knowledge is knowledge internalized by the academ...

The phrase ‘tacit knowledge’ is used in a wide range of disciplines. Examination of definitions and usage in knowledge management, AI, sociology of science, and psychology reveals common aspects, but significant variations. It is a concept without consistency, or clear foundation. Polanyi in fact wrote of ‘tacit knowing’, a process, and so may have been misinterpreted. His emphasis on process m...

As suggested by prior studies, tacit knowledge sharing is a natural process of social interaction. The perspectives of social capital and behavioural control are thus employed in this study to investigate an employee’s tacit knowledge sharing and behaviourwithin aworkgroup. This study collects data through a multi-informant questionnaire design. Three interesting results were obtained in this s...