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Evolutionary Equilibria in Capital Tax Competition with Imitative Learning
Springer Science and Business Media LLC - Tập 9 - Trang S1-S23 - 2015
Hiroyuki Sano
This paper presents an alternative model where each decision maker takes an economy-wide net return to capital parametrically even in tax competition among finite nonatomistic jurisdictions. To this end, we examine a long-run equilibrium of a tax competition game adopting an evolutionary game-theoretic approach. We find that a unique evolutionarily stable strategy coincides with the strategy consi...... hiện toàn bộ
Architecture-Based Comparative Advantage — A Design Information View of Manufacturing
Springer Science and Business Media LLC - Tập 4 - Trang 55-112 - 2015
Takahiro Fujimoto
This paper explores basic concepts of architecture-based comparative advantage, based on a hypothesis that dynamic fit between organizational capability in manufacturing and productprocess architecture tends to result in international competitive advantage of an industry. First, the paper discusses elements of this framework such as design-based approach to manufacturing (monozukuri in Japanese), ...... hiện toàn bộ
Financialization in Japan
Springer Science and Business Media LLC - Tập 17 - Trang 295-311 - 2020
Shigeyuki Hattori
Since the 1980s, neoliberal economic policies have promoted financialization throughout the global economy. While Japan has not been entirely unaffected by this phenomenon, its financialization is peculiar. It is certain that big businesses have been accumulating excess money, rather than reinvesting it, but financial institutions have not grown in terms of financial assets. Moreover, Japan’s fina...... hiện toàn bộ
An experimental study of VCG mechanism for multi-unit auctions: competing with machine bidders
Springer Science and Business Media LLC - Tập 19 Số 1 - Trang 97-117 - 2022
Satoshi Takahashi, Yoichi Izunaga, Naoki Watanabe
The community currency game “Online Shopping.com”: the prisoner’s dilemma and consumer behavior in a local economy
Springer Science and Business Media LLC - - 2020
Masaaki Abe, Hitoshi Utsunomiya, Miyoshi Hirano
An Economic Analysis of Architecture and Coordination: Applying Ricardian Comparative Advantage to Design Costs and Locations
Springer Science and Business Media LLC - Tập 9 - Trang 51-124 - 2015
Takahiro Fujimoto
The present paper applies simple economic models to the issue of basic relationships between the choice of product architecture by customers and the choice of coordination mechanisms by firms. More specifically, an exploratory analysis will be attempted concerning how the products’ architecture is chosen, how does architecture affect products’ unit costs and functional performance, what kind of ef...... hiện toàn bộ
The Korean exception: service outsourcing by manufacturing firms and the role of institutions
Springer Science and Business Media LLC - Tập 13 Số 1 - Trang 165-182 - 2016
Wooseok Ok
The credibility of monetary policy and the fiscal response to the pandemic in the Eurozone
Springer Science and Business Media LLC - - 2022
Pompeo Della Posta, Mario Morroni
Coevolution of institutions and residents toward sustainable glocal development: a case study on the Kuni Umi solar power project on Awaji Island
Springer Science and Business Media LLC - Tập 17 - Trang 197-217 - 2019
Natsuka Tokumaru
Establishing effective institutions to promote renewable energy (RE) is an urgent battle in the war against global warming. The RE program Kuni Umi Solar Power Plant with Resident Participation (KSPP) on Awaji Island in Japan has succeeded in large-scale RE deployment in the short term. This paper regards the KSPP as an example of institutional change and examines it from four perspectives—(1) pat...... hiện toàn bộ
Trusting versus monitoring: an experiment of endogenous institutional choices
Springer Science and Business Media LLC - Tập 16 - Trang 329-355 - 2019
Andrej Angelovski, Daniela Di Cagno, Daniela Grieco, Werner Güth
We investigate the problem of deciding between trusting and monitoring, and how this decision affects subsequent behavior, using a laboratory experiment where subjects choose between the Ultimatum and the Yes–No Game. Despite the similarity of the two games in Ultimatum Games responders monitor the allocation proposal, while in Yes–No games responders react without monitoring, i.e. have to rely on...... hiện toàn bộ
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