... the theoretical structure of the bidders' behavior and thereafter derives a measure of collusion formation with the help of real-life data. Auctions/bidding Game theory Collusion Agriculture The present paper studies the formation and measurement of collusion in the wholesale market of agricultural...

... political machine. (4) Every voter has links with only one broker. Game theory Clientelism Corruption Local public policy Political machines Curse of public resources Difference-in-differences Although national democracies in Latin America have improved during the 1990 and 2000s, not all...

...Felippe Clemente; Viviani Silva Lírio Purpose The purpose of this paper is to use the instrumental game theory to understand the behavior of the front agents tax evasion and tax authority in Brazil. Design/methodology/approach In order to analyze the taxpayer’s behavior before the Brazilian...

... theory and concludes that in a dynamic game a Nash‐Cournot equilibrium will emerge. © MCB UP Limited 1996 Dynamic scheduling Game theory Oligopoly Stackelberg dealt with the theory of oligopoly for the first time in his 1932 book (Stackelberg, 1932, pp. 87‐90). Restricting himself...

..., Beckman, 1965 or Davidson and Deneckere, 1986.) Assume: Management buy‐outs Economic theory Game theory Monopolies Nearly all models of imperfect competition investigate the question: under what conditions will the industry attain the perfect competitive outcome? This of course makes...

.... In other words, the Nash and co‐operative solutions for the game among the atomistic private investors coincide. © MCB UP Limited 1994 Co‐operation Europe Foreign exchange Game theory Macroeconomics Private sector Time USA This article presents a two‐period game between the private...