Zobrazeno 1 - 10
of 41
pro vyhledávání: '"Marc Santugini"'
Autor:
Georges Dionne, Marc Santugini
Publikováno v:
Risks, Vol 3, Iss 4, Pp 543-552 (2015)
We extend the analysis on hedging with price and output uncertainty by endogenizing the output decision. Specifically, we consider the joint determination of output and hedging in the case of flexibility in production. We show that the risk-averse fi
Externí odkaz:
https://doaj.org/article/3ca153a3f536400c999df5886a6d646a
Autor:
Marc Santugini
Publikováno v:
Economic Theory Bulletin. 8:149-161
We explain the Hendricks and Kovenock (1989)'s framework by studying the behavior of two strategic firms under an informational externality. The informational externality arises when each firm of a social network is endowed with private information r
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4bb8182caaabdc7b9678597b0d2a73ce
https://doi.org/10.1007/s40505-019-00174-4
https://doi.org/10.1007/s40505-019-00174-4
Autor:
Mario Samano, Marc Santugini
Publikováno v:
Journal of Economic Dynamics and Control
Journal of Economic Dynamics and Control, Elsevier, 2020, 117, pp.103943-. ⟨10.1016/j.jedc.2020.103943⟩
Journal of Economic Dynamics and Control, Elsevier, 2020, 117, pp.103943-. ⟨10.1016/j.jedc.2020.103943⟩
We study the impact of standard-setting by introducing an externality that increases product compatibility in the presence of asymmetric returns to investment in a dynamic quality-ladder-type model. We classify the long-run, multi-modal probability d
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::46985c6ee4fd81616de4b6618523b53c
https://hal.archives-ouvertes.fr/hal-03492179
https://hal.archives-ouvertes.fr/hal-03492179
Publikováno v:
Journal of Economic Dynamics and Control. 77:70-92
We investigate the short- and long-term effects of different types of R&D collaborations on firms, consumers, and the industry. To that end, we consider a differentiated-product market in which firms compete a la Bertrand and invest in process innova
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bab5e76488e56b7573b85f3d5f1383b1
https://doi.org/10.1016/j.jedc.2017.01.018
https://doi.org/10.1016/j.jedc.2017.01.018
Publikováno v:
Dynamic Games and Applications. 6:209-224
We study the effect of dynamic and investment externalities in a one-sector growth model. In our model, two agents interact strategically in the utilization of capital for consumption, savings, and investment in technical progress. We consider two ty
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e1bec42e210600265fe164f076b3aed3
https://doi.org/10.1007/s13235-015-0150-6
https://doi.org/10.1007/s13235-015-0150-6
Publikováno v:
Environmental and Resource Economics. 64:349-372
We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and compare the feedback non-cooperative emissions strategies of players when the players do not know the distribution of ecological unce
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9de1c634f61f66e7b71439223262cb3e
https://doi.org/10.1007/s10640-014-9873-x
https://doi.org/10.1007/s10640-014-9873-x
Publikováno v:
International Review of Economics & Finance. 34:1-8
We study the effect of an asymmetric environment on risk sharing. In our model, entrepreneurs consider undertaking risky projects in the real sector as well as selling part of their projects to investors. To capture the idea of an asymmetric environm
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::78c687a9cb76957ae84a72781c449bce
https://doi.org/10.1016/j.iref.2014.06.004
https://doi.org/10.1016/j.iref.2014.06.004
Publikováno v:
Journal of Natural Resources Policy Research. 6:51-56
We consider the original Arrow-Lind framework in which a government undertakes a risky project to be shared among many taxpayers. In our model, the taxpayers decide the level of participation in the risky project. Moreover, the amount of taxes collec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::032c6d55bf063e58e47d2d423be6cba5
https://doi.org/10.1080/19390459.2013.869035
https://doi.org/10.1080/19390459.2013.869035
Autor:
Leonard J. Mirman, Marc Santugini
Publikováno v:
Dynamic Games and Applications. 4:58-72
We study investment and consumption decisions in a dynamic game under learning. To that end, we present a model in which agents not only extract a resource for consumption but also invest in technology to improve the future stock. At the same time, t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::794f56e319eeece0254da1438e79ec7f
https://doi.org/10.1007/s13235-013-0089-4
https://doi.org/10.1007/s13235-013-0089-4
Autor:
Marc Santugini, Leonard J. Mirman
Publikováno v:
The Quarterly Review of Economics and Finance. 53:152-164
We study the influence of the financial market on the decisions of firms in the real market. To that end, we present a model in which the shareholders’ portfolio selection of assets and the decisions of the publicly traded firms are integrated thro
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b1955324914d9a5a5d76c7f7b618f241
https://doi.org/10.1016/j.qref.2013.02.002
https://doi.org/10.1016/j.qref.2013.02.002