Aggregation and Imperfect Competition: On the Existence of Equilibrium
- Andrew Caplin, B. Nalebuff
- Economics
- 1991
We present a new approach to the theory of imperfect competition and apply it to study price competition among differentiated products. The central result provides general conditions under which…
Prices and Incentives: Towards a General Theory of Compensation and Competition
- B. Nalebuff, J. Stiglitz
- Economics
- 1983
This article analyzes the role of competitive compensation schemes (in which pay depends on relative performance) in economies and imperfect information. These compensation schemes have desirable…
Bundling as an Entry Barrier
- B. Nalebuff
- Economics
- 1 February 2004
In this paper we look at the case for bundHng in an oHgopohstic environment. We show that bundhng is a particularly effective entry-deterrent strategy. A company that has market power in two goods, A…
Conservatism And Auditor-Client Negotiations
- R. Antle, B. Nalebuff
- Business
- 1991
This paper examines an auditor's incentives to take actions that lead to objective financial statements. Our results challenge the common perception that auditors are conservative. Under Generally…
Dragon-slaying and ballroom dancing: The private supply of a public good
- C. Bliss, B. Nalebuff
- Economics
- 1 November 1984
The Right Game: Use Game Theory to Shape Strategy
- Adam Brandenburger, B. Nalebuff
- Business
- 1 October 2009
Credible Pretrial Negotiation
- B. Nalebuff
- Law
- 22 January 1987
Pretrial negotiation is a structured environment in which to study bargaining with incomplete information. When a plaintiff believes that a defendant owes him damages, he may first attempt to reach a…
Aggregation and Social Choice: A Mean Voter Theorem
- Andrew Caplin, B. Nalebuff
- Economics
- 1991
A celebrated result of Black (1984a) demonstrates the existence of a simple majority winner when preferences are single-peaked. The social choice follows the preferences of the median voter's most…
The Devolution of Declining Industries
- P. Ghemawat, B. Nalebuff
- Economics
- 1 February 1990
In declining industries capacity must be reduced in order to restore profitability. Who bears this burden? Where production is all or nothing, there is a unique subgame-perfect equilibrium: the…
Follow The Leader: Theory And Evidence On Political Participation
- B. Nalebuff, R. Shachar
- Economics
- 1 June 1999
This paper presents an empirical and theoretical investigation of the strategic components to political participation. Using state-by-state voting data for the eleven U.S. Presidential elections,…
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