Zobrazeno 1 - 10
of 40
pro vyhledávání: '"Gijsbert Zwart"'
Autor:
Gijsbert Zwart, Malin Arve
Publikováno v:
Journal of Economic Dynamics and Control, 147:104605. Elsevier
We study a buyer’s optimal investment strategy for new technologies when costs evolve stochastically and are private information to the suppliers. In a real option setting, we show how the asymmetric information on the stochastic variables optimall
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1b0a4917b50d9c24f24be15a72a91d2d
https://research.rug.nl/en/publications/8e90f7e2-0320-4f62-bda7-db7b895b7431
https://research.rug.nl/en/publications/8e90f7e2-0320-4f62-bda7-db7b895b7431
Publikováno v:
SSRN Electronic Journal.
We study how digital platforms can choose competitive strategies to influence the number of multihoming consumers. Platforms compete for consumers and advertisers. A platform earns a premium from advertising to singlehomers, as it is a gatekeeper to
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::79f4e2a7994209ec58edac7c47cdb350
https://doi.org/10.2139/ssrn.3847216
https://doi.org/10.2139/ssrn.3847216
Autor:
Bert Willems, Gijsbert Zwart
Publikováno v:
Rand Journal of Economics, 49(1), 23-42. Wiley
RAND Journal of Economics, 49(1), 23-42. Wiley
RAND Journal of Economics, 49(1), 23-42. Wiley
We model the optimal regulation of continuous, irreversible, capacity expansion, where a regulated firm has private information about capacity costs, investments are financed from the firm's cash flows, and demand is stochastic. The optimal mechanism
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a6db719be263987a3f2fe90c2f67d814
https://hdl.handle.net/11370/608f2f2d-661f-45f1-af1c-44db0a39ce9c
https://hdl.handle.net/11370/608f2f2d-661f-45f1-af1c-44db0a39ce9c
Publikováno v:
Journal of Public Economics, 155, 21-37. Elsevier Science
Journal of Public Economics, 155, 21-37. Elsevier
Journal of Public Economics, 155, 21-37. Elsevier
We analyze optimal risk adjustment in competitive health-insurance markets when insurers have better information on their customers' risk profiles than the sponsor of health insurance. In the optimal scheme, the sponsor uses reinsurance to screen ins
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1781a465d9f9bcca4d3ad4dd405ec7ae
https://doi.org/10.1016/j.jpubeco.2017.09.006
https://doi.org/10.1016/j.jpubeco.2017.09.006
Publikováno v:
Journal of Economics & Management Strategy. 26:557-570
Targeted advertising can benefit consumers through lower prices for access to web sites. Yet, if consumers dislike that web sites collect their personal information, their welfare may go down. We study competition for consumers between web sites that
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3b8cc76dae06196ec448c32952fe0d5b
https://doi.org/10.1111/jems.12200
https://doi.org/10.1111/jems.12200
Autor:
Gijsbert Zwart
Publikováno v:
Journal of Economic Dynamics and Control, 126:103945. Elsevier
We analyze optimal regulation of the gradual investments in energy networks necessary to accommodate the energy transition. We focus on a real option problem where costs of new network technology are stochastic and not observable to the regulator. We
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6ac53128721e68561a245469db83a029
https://doi.org/10.1016/j.jedc.2020.103945
https://doi.org/10.1016/j.jedc.2020.103945
Publikováno v:
RAND Journal of Economics, 49(4), 855-876. Wiley
Rand Journal of Economics, 49(4), 855-876. Wiley
Rand Journal of Economics, 49(4), 855-876. Wiley
The financial crisis has been attributed partly to perverse incentives for traders at banks and has led policy makers to propose regulation of banks’ remuneration packages. We explain why poor incentives for traders cannot be fully resolved by only
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8031a9e18de148b8e96575574be95cf5
https://research.tilburguniversity.edu/en/publications/8caf60df-e850-446c-b265-1880197efd33
https://research.tilburguniversity.edu/en/publications/8caf60df-e850-446c-b265-1880197efd33
Autor:
Svetlana Ikonnikova, Gijsbert Zwart
Publikováno v:
Journal of the European Economic Association. 12:177-199
We consider a market in which domestic buyers negotiate contracts with foreign sellers, and explore how trade quotas can help to increase the buyers' countervailing power. We use the Shapley value to describe bargaining power and the distribution of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0b7a9e767afa8a078e4b09fbd1c966bf
https://doi.org/10.1111/jeea.12064
https://doi.org/10.1111/jeea.12064
Autor:
Peter Broer, Gijsbert Zwart
Publikováno v:
Journal of Regulatory Economics. 44:177-196
When a monopolist has discretion over the timing of infrastructure investments, regulation of post-investment prices interferes with incentivizing socially optimal investment timing. In a model of regulated lumpy investment under uncertainty, we stud
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6d07572fee9cf5fd714a0d465cbaacfe
https://doi.org/10.1007/s11149-013-9214-y
https://doi.org/10.1007/s11149-013-9214-y
Autor:
Gijsbert Zwart, Bert Willems
Publikováno v:
University of Groningen
We model the optimal regulation of continuous, irreversible, capacity expansion, in a model in which the regulated network firm has private information about its capacity costs, investments need to be financed out of the firm's cash flows from sellin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::ad466fd6c14f2b32492abb0af93fb671
https://research.tilburguniversity.edu/en/publications/27b0bab0-e60a-4682-aec0-1ba4fdad66a5
https://research.tilburguniversity.edu/en/publications/27b0bab0-e60a-4682-aec0-1ba4fdad66a5