Zobrazeno 1 - 10
of 76
pro vyhledávání: '"Guang-zhen Sun"'
Autor:
Guang-zhen Sun
Study of the progressive division of labor is a burgeoning industry in economics in recent years. Classical authors, dating back as early as 500 BC, have made insightful analyses on the determinants and implications of the division of labor. Unfortun
Autor:
YONG HE1 yong.he@uca.fr, GUANG-ZHEN SUN2
Publikováno v:
Journal of Economic Development. Sep2021, Vol. 46 Issue 3, p23-43. 21p.
Publikováno v:
International Journal of Game Theory. 49:651-672
We develop a model of two parallel contests, asymmetric in quantity of homogeneous prizes open to contest, with a finite number of homogeneous risk-neutral bidders. Whether the bidder upon entry into a particular contest is aware of the realized numb
Autor:
Christian Ewerhart, Guang-Zhen Sun
While the game-theoretic analysis of conflict is often based upon the assumption of multiplicative noise, additive noise such as assumed by Hirshleifer (1989) may be equally plausible depending on the application. In this paper, we examine the equili
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::effb0ba9c5af0ef68851af48e8d0f8ae
https://hdl.handle.net/10419/266245
https://hdl.handle.net/10419/266245
Publikováno v:
SSRN Electronic Journal.
Autor:
Guang-Zhen Sun
Publikováno v:
Man and the Economy. 7
Autor:
Guang-Zhen Sun, Christian Ewerhart
Publikováno v:
Economics Letters. 169:51-54
The symmetric two-player Hirshleifer contest admits a unique equilibrium. The equilibrium support is finite and includes the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the undissi
Autor:
Guang-Zhen Sun
Publikováno v:
Journal of Public Economics. 156:73-80
We study optimal provision of public goods in the network, showing that the Samuelson condition and the Lindahl scheme can both be substantially extended to characterize the expenditure on such public goods. Couched in terms of the structure of the n
Autor:
Christian Ewerhart, Guang-Zhen Sun
Publikováno v:
SSRN Electronic Journal.
The symmetric two-player Hirshleifer (1989) contest is shown to admit a unique equilibrium. The support of the equilibrium strategy is finite and includes, in particular, the zero expenditure level. We also establish a lower bound for the cardinality
Autor:
Guang-zhen Sun
We offer simple and intuitive proofs of the Euler equation and the maximum principle based on Gossen's Second Law, one of the best known results in economics.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::297853701fd7d8cd7bec5cee3ac46d1e