Competition among profit-seeking firms in an oligopolistic industry inherently generates incentives for firms to commit to maximize a performance metric other than profit.We briefly review the underlying theory,analyze its ramifications in a Courn...
JOURNAL OF EVOLUTIONARY ECONOMICS 21(5) 757-782 2011年12月 [査読有り]
Why are humans so vulnerable to pain in interpersonal relations and can so easily hurt others physically and emotionally? We theoretically examine whether being offensively strong but defensively weak can evolve as a strategic trait that fosters c...
An outside inventor of a new production process seeks to license it to Cournot duopolists which have unequal ex ante costs. Distinguishing "leading-edge" innovations (new cost below both firms' costs) from "catch-up" innovations (new cost between ...
A parsimonious model is used to explore the risk-bearing decision under a payoff structure that emphasizes relative performance. Equilibrium betting amounts are derived for players who start with unequal endowments and face a lottery that offers e...
IEEE TRANSACTIONS ON SPEECH AND AUDIO PROCESSING 3(5) 357-366 1995年9月 [査読有り]
A recent trend in automatic speech recognition systems is the use of continuous mixture-density hidden Markov models (HMM's), Despite the good recognition performance that these systems achieve on average in large vocabulary applications, there is...
人文科学研究科
経済学部