Ambiguity in Partnerships  

Oleh:

Kelsey, David ; Spanjers, Willy

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 114 no. 497 (Jul. 2004), page 528-546.
Topik: partnerships; ambiguity; partnerships
Fulltext: 528.pdf (129.59KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.14 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

The consequences of ambiguity for partnerships are addressed. Partnerships with symmetric linear production functions are analysed in a Choquet Expected Utility (CEU) - framework. Nash equilibrium in pure strategies is extended to CEU - games. A class of sharing rules are proposed that make constructive use of strategic ambiguity in partnerships. Results on ex ante efficiency and ex post efficiency of the outcomes are presented.

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