Abstracts

Economics

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Cost observability and renegotiation

Article Abstract:

The cost of integration in a renegotiation framework is analyzed using a simplified model that focuses on the corporate decision making process as it is affected by the availability of superior monitoring to integrated organizations. Findings indicate that different standards are used when transactions are conducted within the organization and through the market. A project that has gone over its original budget and schedule tends to be cancelled when it is handled by an external contractor, but its tend to be completed when an internal division is in charge of it.

Negotiation, Negotiations, Costs, Industrial, Industrial costs, Project finance

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Drift effect under timing without observability: experimental evidence

Article Abstract:

The matching behavior of a buyer under duopoly with imperfect mobility using game theory is analyzed.

Italy, Consumer Behavior, Economic aspects, Duopolies, Consumer behaviour

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The lagging anchor model for game learning - a solution to the Crawford puzzle

Article Abstract:

Game theory to examine solution to Crawford puzzle is presented.

Norway, Cognitive learning

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