Department of Economics Sample Clauses

Department of Economics. Co-ordinator Economics 1101 and 1102: one-half unit per academic year;
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Department of Economics. SCHOOL OF ECONOMICS AND MANAGEMENT - UNIVERSITY OF AARHUS - BUILDING 350 8000 AARHUS C - DENMARK ) +00 00 00 00 00 - TELEFAX +00 00 00 00 00 Equilibrium Binding Agreements under Diverse Behavioral Assumptions Xxxxxxxxx Xxxxxxxxxxx Department of Economics, University of Aarhus February 2001 Devwudfw Wklv sdshu h{whqgv wkh zrun ri Ud| dqg Yrkud +4<<:,1 Lw dvfhuwdlqv zklfk sdu0 wlwlrqv ri sod|huv zloo hphujh dqg zkdw dfwlrqv zloo wkhvh sod|huv fkrrvh xqghu hdfk sduwlwlrq/ zkhq wkh| fdq vljq elqglqj djuhhphqwv dqg wkhlu dfwlrqv kdyh h{whuqdo0 lwlhv1 Wkh hpskdvlv/ krzhyhu/ lv sodfhg rq vlwxdwlrqv zlwk pxowlsoh rxwfrphv dqg krz djhqwv ehkdyh lq wkh suhvhqfh ri vxfk pxowlsolflw|1 Lq sduwlfxodu/ d ghyldwlqj frdolwlrq frqvlghuv doo wkh olnho| rxwfrphv wkdw pd| suhydlo xsrq lwv ghyldwlrq/ dqg vhohfwv +li srvvleoh, d vxevhw ri wkhp/ dyrlglqj wkxv dq h{fhvvlyho| frq ghqw eh0 kdylru/ zklfk lv wkh fdvh xqghu Ud| dqg Yrkud*v qrwlrq1 Wkuhh dxjphqwdwlrqv ri wkhlu vroxwlrq frqfhsw duh gh qhg/ fdswxulqj wkuhh glvwlqfw ehkdylrudo dvvxpswlrqv1 Wkhlu h!flhqf| dqg uhodwlrq wr hdfk rwkhu duh glvfxvvhg1 Nh|zrugv= frdolwlrq vwuxf0 wxuh/ elqglqj djuhhphqw/ vwdelolw|1 Mrxuqdo ri Hfrqrplf Olwhudwxuh Fodvvl fdwlrq Qxpehuv= F:3/ F:41 1 Introduction This paper studies situations with externalities (as captured by normal form games) where agents can negotiate over their course of actions. If any group of agents (coalition) reaches an agreement over the strategies its members will adopt, the agreement is binding. Our analysis ascertains the equilibrium coalition structures and the equilibrium agreements that will be signed by each coalition in the structure. A coalition structure describes how the entire set of agents partition themselves; by studying coalition structures, therefore, we explicitly take into account every agent’s behavior, which is of particular importance when externalities are present. The basic question we address is not new. A very important and influential work on binding agreements is that of Xxx and Xxxxx (1997) and we would refer the reader to their work for a more detailed exposition of and motivation to the general topic of binding Pdlolqj Dgguhvv= Ghsduwphqw ri Hfrqrplfv/ Xqlyhuvlw| ri Ddukxv/ Exloglqj 683/ GN0;333 Ddukxv F1/ Ghqpdun1 H0pdlo = id|hChfrq1dx1gn1 L zlvk wr wkdqn Olfxq [xh/ Mrvhsk Juhhqehuj dqg wkh sduwlflsdqwv ri SHW 5333 iru yhu| xvhixo frpphqwv1 Wkh sdshu kdv ehhq suhylrxvo| flufxodwhg xqghu wkh wlwoh Elqglqj Djuhhphqwv1 agreements. According to t...
Department of Economics. The Department points out at least two special focus areas in accordance with the criteria and the structure for implementation described in the Xxxx’x note on “special focus areas”. (Appendix 2 to the present contract) Until the end of 2008, the Department continuously points out new special focus areas.
Department of Economics. The Department implements research groups according to the guidelines described in the Xxxx’x note on “research groups”. (Appendix 3 to the present contract) Deadline: The implementation of research groups takes place before 10 January 2008. Before this date, the Department can enter into a dialogue with the Xxxx on the specific structure of the area.
Department of Economics. To participate actively in the implementation of University of Copenhagen’s system of quality assurance within education (Details on objectives and deadlines follow when the implementation plan, etc. have been determined) Objective no. 8B: Research-based education Objectives for the Faculty Research-based education is a focal point of the Faculty of Social Science’s teaching profile, and the Faculty intends to follow the established standard for University of Copenhagen, when the standard is ready.

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