Browsing Ikerlanak by Subject "MATHEMATICAL AND QUANTITATIVE METHODS"
Now showing items 41-44 of 44
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The Supercore for Normal Form Games
(2003-10)We study the supercore of a system derived from a normal form game. For the case of a finite game with pure strategies, we define a sequence of games and show that the supercore of that system coincides with the set of ... -
Uncertain Information Structures and Backward Induction
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03-25)In everyday economic interactions, it is not clear whether sequential choices are visible or not to other participants: agents might be deluded about opponents'capacity to acquire,interpret or keep track of data, or might ... -
Unilateral vs. Bilateral link-formation: Bridging the gap
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-05-28)We provide a model that bridges the gap between two benchmark models of strategic network formation: Jackson and Wolinsky' s model based on bilateral formation of links, and Bala and Goyal's two-way fl ow model, where links ... -
Valuing Flexibility: The case of an Integrated Gasification Combined Cycle Power Plant
(2005-10)In this paper we analyze the valuation of options stemming from the flexibility in an Integrated Gasification Combined Cycle (IGCC) Power Plant. First we use as a base case the opportunity to invest in a Natural Gas Combined ...