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Hyun Bang Shin and Bingqin Li
Hosting of mega-events such as the Olympic Games tends to be accompanied by voluminous media coverage on the negative social impact of the Games, and the people in the affected areas are often considered to be one victim...Read more...
1 July 2012
Francesco Nava and Pasquale Schiraldi
Sales are a widespread and well-known phenomenon that has been documented in several product markets. Regularities in such periodic price reductions appear to suggest that the phenomenon cannot be entirely attributed to ...Read more...
1 July 2011
Sorawoot Srisuma and Oliver Linton
We propose a general two-step estimation method for the structural parameters of popular semiparametric Markovian discrete choice models that include a class of Markovian Games and allow for continuous observable state s...Read more...
When fairly homogeneous taxpayers are affected by common income shocks, a tax agency’s optimal auditing strategy consists of auditing a low-income declarer with a probability that (weakly) increases with the other taxpay...Read more...
This paper analyses a dynamic game of investment in R&D or advertising, where current investments change future market conditions. It investigates whether underinvestment can be supported in equilibrium by the threat of ...Read more...
This paper proposes an equilibrium concept for a class of games in which players make irreversible costly decisions; these games have been widely used in the recent I.O. literature. The equilibrium concept is defined, no...Read more...