scholarly journals Equilibria in a dynamic model of two firms coordination with non-fixed prices

2021 ◽  
Vol 13 (3) ◽  
pp. 28-57
Author(s):  
Андрей Павлович Парфенов ◽  
Andrey Parfyonov
Keyword(s):  
Dynamic Model ◽  
Sufficient Conditions ◽  
Change Over Time ◽  
Market Prices ◽  
Fixed Prices ◽  
Over Time

Model of 2 companies' interaction is considered. Companies exchange two kinds of goods with each other. These goods also can be selled on the market. Prices of goods change over time. Interation is modelled by positional game which is similar to Rosental's Centipede game. Conditions for a contract beetween companies are found. For these conditions, companies can't violate a contract because it is unprofitable for them. Such conditions are modelled by Nash equilibriua in a positional game. We found that sufficient conditions for contract: it renews each 2 points of time; each company pays rather big fine if it refused to transfer good to another company.

Forecasting Interconnections in International Housing Markets: Evidence from the Dynamic Model Averaging Approach

2020 ◽  
Vol 42 (1) ◽  
pp. 37-103
Author(s):  
Hardik A. Marfatia
Keyword(s):  
Dynamic Model ◽  
Model Averaging ◽  
Housing Markets ◽  
The United States ◽  
Forecasting Model ◽  
Change Over Time ◽  
The United Kingdom ◽  
Novel Approach ◽  
Dynamic Model Averaging ◽  
Over Time

In this paper, I undertake a novel approach to uncover the forecasting interconnections in the international housing markets. Using a dynamic model averaging framework that allows both the coefficients and the entire forecasting model to dynamically change over time, I uncover the intertwined forecasting relationships in 23 leading international housing markets. The evidence suggests significant forecasting interconnections in these markets. However, no country holds a constant forecasting advantage, including the United States and the United Kingdom, although the U.S. housing market's predictive power has increased over time. Evidence also suggests that allowing the forecasting model to change is more important than allowing the coefficients to change over time.

How Do “Resource Bundles” Develop and Change in New Ventures? A Dynamic Model and Longitudinal Exploration

2001 ◽  
Vol 25 (3) ◽  
pp. 37-58 ◽  
Author(s):  
Benyamin M. Bergmann Lichtenstein ◽  
Candida G. Brush
Keyword(s):  
Dynamic Model ◽  
New Ventures ◽  
New Venture ◽  
Entrepreneurial Firms ◽  
Short Term ◽  
Change Over Time ◽  
Performance Results ◽  
Term Performance ◽  
Over Time

According to recent studies applying Resource-Based Theory [RBT] to entrepreneurial firms (e.g. Chandler & Hanks, 1994; Brush & Greene, 1996), in the early stages of new venture development it is the identification and acquisition of resources—rather than deployment or allocation activities—that is crucial for the firm's long-term success (Stevenson & Gumpert, 1985). This study explores that relationship longitudinally, tracking salient resources in three rapidly growing new ventures, and analyzing how these resources change over time. Our findings identify the most common types of salient resources, the primary types of changes in resource and resource bundles, and a pattern linking the type of change with short-term performance results in each firm.

scholarly journals Not Only What but Also When: A Theory of Dynamic Voluntary Disclosure

2014 ◽  
Vol 104 (8) ◽  
pp. 2400-2420 ◽  
Author(s):  
Ilan Guttman ◽  
Ilan Kremer ◽  
Andrzej Skrzypacz
Keyword(s):  
Dynamic Model ◽  
Capital Market ◽  
Private Information ◽  
Voluntary Disclosure ◽  
Sufficient Conditions ◽  
Multiple Signals ◽  
Over Time

We examine a dynamic model of voluntary disclosure of multiple pieces of private information. In our model, a manager of a firm who may learn multiple signals over time interacts with a competitive capital market and maximizes payoffs that increase in both period prices. We show (perhaps surprisingly) that in equilibrium later disclosures are interpreted more favorably even though the time the manager obtains the signals is independent of the value of the firm. We also provide sufficient conditions for the equilibrium to be in threshold strategies. (JEL D21, D82, G32, L25)

Relations Between OQ Change Over Time and Counseling Outcomes

2009 ◽  
Author(s):  
Brian Garbarini ◽  
Hung-Bin Sheu ◽  
Dana Weber
Keyword(s):  
Change Over Time ◽  
Counseling Outcomes ◽  
Over Time
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