کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5055906 | 1371503 | 2010 | 5 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Competing or cooperating to host mega events: A simple model
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
Using game theory tools, this paper analyzes strategic interactions between two candidate countries in bidding for the hosting rights for a certain mega event. The dynamic modeling reveals that competition may lead to an inefficient Nash-equilibrium, indicating welfare loss for both parties. Using a concrete version of a differential game function, and from the aspect of total benefit maximization that is Pareto-efficient, the paper derives an explicit solution to the game. The model developed has both practical relevance to policy makers and theoretical potential to be applied to other kinds of international biddings.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 27, Issue 1, January 2010, Pages 375-379
Journal: Economic Modelling - Volume 27, Issue 1, January 2010, Pages 375-379
نویسندگان
Li Sheng,