The Nucleolus as Equilibrium Price

Author(s):  
Jos Potters ◽  
Hans Reijnierse ◽  
Anita Gellekom
Keyword(s):  
Author(s):  
Koichiro Tezuka ◽  
Masahiro Ishii ◽  
Motokazu Ishizaka

2012 ◽  
Vol 102 (6) ◽  
pp. 2674-2699 ◽  
Author(s):  
Satyajit Chatterjee ◽  
Burcu Eyigungor

We advance quantitative-theoretic models of sovereign debt by proving the existence of a downward sloping equilibrium price function for long-term debt and implementing a novel method to accurately compute it. We show that incorporating long-term debt allows the model to match Argentina's average external debt-to-output ratio, average spread on external debt, the standard deviation of spreads, and simultaneously improve upon the model's ability to account for Argentina's other cyclical facts. We also investigated the welfare properties of maturity length and showed that if the possibility of self-fulfilling rollover crises is taken into account, long-term debt is superior to short-term debt. (JEL E23, E32, F34, O11, O19)


Author(s):  
Tsai-Hsin Cheng ◽  
Chung-Jian Huang ◽  
Chao-Hsien Sung ◽  
Yi-Chang Huang

The worldwide lockdown caused by COVID-19 has led to the complete suspension of shipping, land transportation, and aviation. As a result of the redistribution of global resources, governments have recently advocated acquisitions and mergers with strategic alliances and vertical integrations to revitalize the economy. This study aims to investigate how the mergers and acquisitions (M&A) were negotiated and how the equilibrium price was achieved with game theory and information economics in agricultural and fishery biotechnology industry. The findings in the present study propose that by adopting investment valuation (asset-based approach, revenue method, market method) and presenting three patents (globally unique nondrug-denatured pure male tilapia and GPS [Formula: see text]C cloud cold chain logistics), the more the vulnerable company is able to attain a triumphant price during the negotiation of M&A.


2005 ◽  
Author(s):  
Aurora G. Gallego ◽  
Nikolaos Georgantzis ◽  
José C. Pernías ◽  
Pedro Pereira
Keyword(s):  

2021 ◽  
Vol 37 (2) ◽  
pp. 27-36
Author(s):  
Daniel Halliday

I argue that a general initial case for pay transparency can be made given the role played by transparency of information about prices in bringing markets closer to the ideal of competition or equilibrium price. This initial case might then be limited or enhanced depending on more specific considerations about the status of information about pay in particular. Privacy considerations seem to count against pay transparency, but I argue here that the context of pay information lacks some features present in other contexts in which appeals to privacy have force. Building on work by Estlund, Moriarty, Caulfield, and others, I argue that pay transparency may be favoured by considerations relating to personal autonomy in labour markets. Finally, I argue that pay transparency may contribute towards the realization of conditions of publicity, particularly relating to the value of citizens’ assurance about each other’s tax compliance.


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