IDEAS home Printed from https://ideas.repec.org/e/c/pku119.html
   My authors  Follow this author

Klaus Kultti

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Kultti, Klaus & Takalo, Tuomas & Vähämaa, Oskari, 2018. "Intermediation in a directed search model," Bank of Finland Research Discussion Papers 20/2018, Bank of Finland.

    Cited by:

    1. Klaus Kultti & Tuomas Takalo & Oskari Vähämaa, 2021. "Intermediation in a directed search model," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 456-471, May.

  2. Klaus Kultti & Hannu Salonen & Hannu Vartiainen, 2011. "Distribution of pure Nash equilibria in n-person games with random best replies," Discussion Papers 71, Aboa Centre for Economics.

    Cited by:

    1. Pangallo, Marco & Heinrich, Torsten & Jang, Yoojin & Scott, Alex & Tarbush, Bassel & Wiese, Samuel & Mungo, Luca, 2021. "Best-Response Dynamics, Playing Sequences, And Convergence To Equilibrium In Random Games," INET Oxford Working Papers 2021-23, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    2. Torsten Heinrich & Yoojin Jang & Luca Mungo & Marco Pangallo & Alex Scott & Bassel Tarbush & Samuel Wiese, 2021. "Best-response dynamics, playing sequences, and convergence to equilibrium in random games," Papers 2101.04222, arXiv.org, revised Nov 2022.

  3. Klaus Kultti & Mats Godenhielm, 2011. "Directed search with endogenous capacity," 2011 Meeting Papers 1025, Society for Economic Dynamics.

    Cited by:

    1. Philipp Kircher & Leo Kaas, 2010. "Efficient Firm Dynamics in a Frictional Labor Market," 2010 Meeting Papers 89, Society for Economic Dynamics.
    2. Pere Gomis-Porqueras & Benoit Julien & Liang Wang, 2016. "Competitive Search with Ex-post Opportunism," Working Papers 201607, University of Hawaii at Manoa, Department of Economics.
    3. Athanasios Geromichalos, 2015. "Unemployment Insurance and Optimal Taxation in a Search Model of the Labor Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 365-380, April.
    4. Petrikaite, Vaiva & Hämäläinen, Saara, 2018. "Mobility with private information and privacy suppression," CEPR Discussion Papers 12860, C.E.P.R. Discussion Papers.
    5. Makoto WATANABE & José L. Moraga-González, 2023. "Price equilibrium with selling constraints," CIGS Working Paper Series 23-012E, The Canon Institute for Global Studies.
    6. Moraga-González, José-Luis & Watanabe, Makoto, 2020. "Selling Constraints," CEPR Discussion Papers 14718, C.E.P.R. Discussion Papers.
    7. Serene Tan, 2012. "Directed Search And Firm Size," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(1), pages 95-113, February.
    8. Klaus Kultti & Tuomas Takalo & Oskari Vähämaa, 2021. "Intermediation in a directed search model," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 456-471, May.
    9. Klaus Kultti & Eeva Mauring, 2014. "Low price signals high capacity," Journal of Economics, Springer, vol. 112(2), pages 165-181, June.

  4. Klaus Kultti & Hannu Vartiainen, 2008. "Bargaining with Many Players: A Limit Result," Discussion Papers 32, Aboa Centre for Economics.

    Cited by:

    1. Jiawei Li & Tianxiang Cui & Graham Kendall, 2022. "Equilibrium in a Bargaining Game of Two Sellers and Two Buyers," Mathematics, MDPI, vol. 10(15), pages 1-9, July.
    2. Hannu Vartiainen, 2008. "A conflict-free arbitration scheme in a large population," Discussion Papers 34, Aboa Centre for Economics.

  5. Hannu Vartiainen & Klaus Kultti, 2007. "Multilateral Non-Cooperative Bargaining in a General Utility Space," Discussion Papers 19, Aboa Centre for Economics.

    Cited by:

    1. Britz, V. & Herings, P.J.J. & Predtetchinski, A., 2012. "On the convergence to the Nash bargaining solution for endogenous bargaining protocols," Research Memorandum 030, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    2. Britz, V. & Herings, P.J.J. & Predtetchinski, A., 2014. "Equilibrium delay and non-existence of equilibrium in unanimity bargaining games," Research Memorandum 019, Maastricht University, Graduate School of Business and Economics (GSBE).
    3. Britz, Volker & Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2010. "Non-cooperative support for the asymmetric Nash bargaining solution," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1951-1967, September.
    4. Anbarci, Nejat & Sun, Ching-jen, 2013. "Asymmetric Nash bargaining solutions: A simple Nash program," Economics Letters, Elsevier, vol. 120(2), pages 211-214.
    5. P. Jean-Jacques Herings & A. Predtetchinski, 2016. "Bargaining under monotonicity constraints," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(1), pages 221-243, June.
    6. Herings, P.J.J. & Predtetchinski, A., 2011. "Procedurally fair income taxation schemes," Research Memorandum 035, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    7. Britz, Volker & Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2015. "Delay, multiplicity, and non-existence of equilibrium in unanimity bargaining games," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 192-202.
    8. Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2011. "On the asymptotic uniqueness of bargaining equilibria," Economics Letters, Elsevier, vol. 111(3), pages 243-246, June.
    9. Shunsuke Hanato, 2020. "Equilibrium payoffs and proposal ratios in bargaining models," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(2), pages 463-494, June.
    10. BRITZ, Volker & HERINGS, P. Jean-Jacques & PREDTETCHINSKI, Arkadi, 2014. "On the convergence to the Nash bargaining solution for action-dependent bargaining protocols," LIDAM Reprints CORE 2622, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Francis Bloch & Effrosyni Diamantoudi, 2011. "Noncooperative formation of coalitions in hedonic games," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(2), pages 263-280, May.
    12. Jenny Simon & Justin Mattias Valasek, 2017. "Centralized Fiscal Spending by Supranational Unions," Economica, London School of Economics and Political Science, vol. 84(333), pages 78-103, January.
    13. Kristal K. Trejo & Ruben Juarez & Julio B. Clempner & Alexander S. Poznyak, 2023. "Non-Cooperative Bargaining with Unsophisticated Agents," Computational Economics, Springer;Society for Computational Economics, vol. 61(3), pages 937-974, March.
    14. Thorsten Upmann & Julia Müller, 2014. "The Structure of Firm-Specific Labour Unions," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 170(2), pages 336-364, June.
    15. Volker Britz, 2016. "Destroying Surplus and Buying Time in Unanimity Bargaining," CER-ETH Economics working paper series 16/248, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    16. Kawamori, Tomohiko & Miyakawa, Toshiji, 2019. "Bargaining delay under partial breakdowns and externalities," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
    17. Alos-Ferrer, Carlos & Ritzberger, Klaus, 2017. "Multi-Lateral Strategic Bargaining Without Stationarity," Economics Series 332, Institute for Advanced Studies.
    18. Kawamori, Tomohiko, 2014. "A noncooperative foundation of the asymmetric Nash bargaining solution," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 12-15.
    19. Bram Driesen & Peter Eccles & Nora Wegner, 2017. "A non-cooperative foundation for the continuous Raiffa solution," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(4), pages 1115-1135, November.

  6. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2005. "Patents Hinder Collusion," Industrial Organization 0503015, University Library of Munich, Germany.

    Cited by:

    1. Adam Karbowski, 2020. "A Note on Patents and Leniency," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 97-108.
    2. Karbowski, Adam & Prokop, Jacek, 2018. "Kartele i patenty a nakłady badawczo-rozwojowe przedsiębiorstw [Cartels and patents, and R&D expenditures of companies]," MPRA Paper 90181, University Library of Munich, Germany, revised 2018.
    3. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2006. "Simultaneous Model of Innovation, Secrecy, and Patent Policy," American Economic Review, American Economic Association, vol. 96(2), pages 82-86, May.

  7. Marja-Liisa Halko & Klaus Kultti & Juha Virrankoski, 2005. "Wage Distribution with a Two-Sided Job Auction," 2005 Meeting Papers 518, Society for Economic Dynamics.

    Cited by:

    1. Manolis Galenianos & Philipp Kircher, 2007. "Heterogeneous Firms in a Finite Directed Search Economy," PIER Working Paper Archive 07-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    2. Timo Vesala, 2007. "Financial Matching, Asymmetric Information and Entrepreneurial Risk Taking," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(3), pages 469-485, September.

  8. Kultti, K.K., 1997. "Scale Returns of a Random Matching Model," Discussion Paper 1997-71, Tilburg University, Center for Economic Research.

    Cited by:

    1. David A. Marshall, 2001. "The crisis of 1998 and the role of the central bank," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q I), pages 2-23.

  9. Kultti, K.K., 1997. "Equivalence of Auctions and Posted Prices," Discussion Paper 1997-57, Tilburg University, Center for Economic Research.

    Cited by:

    1. Kennes, John & le Maire, Daniel & Roelsgaard, Sebastian T., 2020. "Equivalence of canonical matching models," Games and Economic Behavior, Elsevier, vol. 124(C), pages 169-182.
    2. Bang, James T., 2007. "Determinants of the method of sale in privatization," Economic Systems, Elsevier, vol. 31(3), pages 272-291, September.
    3. John Kennes, 2004. "Competitive Auctions: Theory and Application," Discussion Papers 04-16, University of Copenhagen. Department of Economics.
    4. Pedro Gomis‐Porqueras & Benoit Julien & Chengsi Wang, 2017. "Strategic Advertising And Directed Search," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(3), pages 783-806, August.
    5. Christopher Boyer & B. Brorsen & Tong Zhang, 2014. "Common-value auction versus posted-price selling: an agent-based model approach," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 9(1), pages 129-149, April.
    6. Julien, Benoit & Kennes, John & King, Ian, 2006. "The Mortensen rule and efficient coordination unemployment," Economics Letters, Elsevier, vol. 90(2), pages 149-155, February.
    7. Dominic Coey & Bradley Larsen & Brennan Platt, 2016. "Discounts and Deadlines in Consumer Search," NBER Working Papers 22038, National Bureau of Economic Research, Inc.
    8. Anwar, Sajid & Zheng, Mingli, 2015. "Posted price selling and online auctions," Games and Economic Behavior, Elsevier, vol. 90(C), pages 81-92.
    9. Selcuk, Cemil, 2011. "Trading mechanism selection with budget constraints," MPRA Paper 36227, University Library of Munich, Germany.
    10. Di Maggio, Marco, 2009. "Sweet Talk: A Theory of Persuasion," MPRA Paper 18697, University Library of Munich, Germany.
    11. Gautier, Pieter A. & Wolthoff, Ronald P., 2009. "Simultaneous search with heterogeneous firms and ex post competition," Labour Economics, Elsevier, vol. 16(3), pages 311-319, June.
    12. Minbo Xu & Sanxi Li & Jianye Yan, 2019. "All‐Pay Auctions With A Buy‐Price Option," Economic Inquiry, Western Economic Association International, vol. 57(1), pages 617-630, January.
    13. Masters, Adrian, 2010. "A theory of minimum wage compliance (or voluntary recognition of unions)," Labour Economics, Elsevier, vol. 17(1), pages 215-223, January.
    14. Jansen, Marcel, 2010. "Job auctions and hold-ups," Labour Economics, Elsevier, vol. 17(3), pages 608-619, June.
    15. Jansen, Marcel, 2003. "Can job competition prevent hold-ups?," UC3M Working papers. Economics we035120, Universidad Carlos III de Madrid. Departamento de Economía.
    16. Julien, B. & Kennes, J. & King, I., 1998. "Bidding for Labour," Discussion Papers dp98-03, Department of Economics, Simon Fraser University.
    17. Klaus Kultti, 2003. "Comparison of Auctions and Posted Prices in a Finite Random Matching Model," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 159(3), pages 457-467, September.
    18. Klaus Kultti & Mats Godenhielm, 2011. "Directed search with endogenous capacity," 2011 Meeting Papers 1025, Society for Economic Dynamics.
    19. Philipp Kircher & Jan Eeckhout, 2008. "Prices as Optimal Competitive Sales Mechanisms," 2008 Meeting Papers 504, Society for Economic Dynamics.
    20. Camera, G. & Delacroix, A., 2001. "Bargaining or Price Posting?," Purdue University Economics Working Papers 1147, Purdue University, Department of Economics.
    21. Matthew Doyle & Jacob Wong, 2008. "Wage Posting Without Full Commitment," School of Economics and Public Policy Working Papers 2008-01, University of Adelaide, School of Economics and Public Policy.
    22. Selcuk, Cemil, 2012. "Trading mechanism selection with directed search when buyers are risk averse," Economics Letters, Elsevier, vol. 115(2), pages 207-210.
    23. Sun, Daewon & Li, Erick & Hayya, Jack C., 2010. "The optimal format to sell a product through the internet: Posted price, auction, and buy-price auction," International Journal of Production Economics, Elsevier, vol. 127(1), pages 147-157, September.
    24. John Kennes & Aaron Schiff, 2003. "The Value of a Reputation System," Industrial Organization 0301011, University Library of Munich, Germany.
    25. Platt, Brennan C., 2017. "Inferring ascending auction participation from observed bidders," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 65-88.
    26. Zhang, Hanzhe, 2019. "Prices versus Auctions in Large Markets," Working Papers 2019-13, Michigan State University, Department of Economics.
    27. Eeckhout, Jan & Kircher, Philipp, 2010. "Sorting versus screening: Search frictions and competing mechanisms," Journal of Economic Theory, Elsevier, vol. 145(4), pages 1354-1385, July.
    28. Neeman, Zvika, 2003. "The effectiveness of English auctions," Games and Economic Behavior, Elsevier, vol. 43(2), pages 214-238, May.
    29. Kultti, K.K., 1997. "Price Formation by Bargaining and Posted Prices," Discussion Paper 1997-56, Tilburg University, Center for Economic Research.
    30. Hummel, Patrick, 2015. "Simultaneous use of auctions and posted prices," European Economic Review, Elsevier, vol. 78(C), pages 269-284.
    31. Caio Waisman, 2021. "Selling mechanisms for perishable goods: An empirical analysis of an online resale market for event tickets," Quantitative Marketing and Economics (QME), Springer, vol. 19(2), pages 127-178, June.
    32. Petrikaite, Vaiva & Hämäläinen, Saara, 2018. "Mobility with private information and privacy suppression," CEPR Discussion Papers 12860, C.E.P.R. Discussion Papers.
    33. Klaus Kultti & Antti Miettunen & Tuomas Takalo & Juha Virrankoski, 2009. "Who Searches?," The Japanese Economic Review, Japanese Economic Association, vol. 60(2), pages 152-171, June.
    34. Wheatley, W. Parker & Buhr, Brian L. & Dipietre, Dennis, 2001. "E-Commerce In Agriculture: Development, Strategy, And Market Implications," Staff Papers 13938, University of Minnesota, Department of Applied Economics.
    35. Germano, Fabrizio, 2003. "Bertrand-edgeworth equilibria in finite exchange economies," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 677-692, July.
    36. Jiang, Zhong-Zhong & Fang, Shu-Cherng & Fan, Zhi-Ping & Wang, Dingwei, 2013. "Selecting optimal selling format of a product in B2C online auctions with boundedly rational customers," European Journal of Operational Research, Elsevier, vol. 226(1), pages 139-153.
    37. Chen, Kong-Pin & Liu, Yu-Sheng & Yu, Ya-Ting, 2012. "The Seller's listing strategy in online auctions: evidence from eBay," MPRA Paper 38369, University Library of Munich, Germany.
    38. Selcuk, Cemil, 2017. "Auctions vs. fixed pricing: Competing for budget constrained buyers," Games and Economic Behavior, Elsevier, vol. 103(C), pages 262-285.
    39. Benoît Julien & John Kennes & Ian King, 2005. "Ex post bidding and efficient coordination unemployment," Canadian Journal of Economics, Canadian Economics Association, vol. 38(1), pages 174-193, February.
    40. John Kennes & Daniel le Maire, 2010. "Coordination Frictions and Job Heterogeneity: A Discrete Time Analysis," Economics Working Papers 2010-05, Department of Economics and Business Economics, Aarhus University.
    41. Kircher, Philipp & Kim, Kyungmin, 2012. "Efficient Cheap Talk in Directed Search: On the Non-essentiality of Commitment in Market Games," CEPR Discussion Papers 8759, C.E.P.R. Discussion Papers.
    42. Klaus Kultti, 2003. "About Market Structure," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 240-251, January.
    43. Kevin Hasker & Robin Sickles, 2010. "eBay in the Economic Literature: Analysis of an Auction Marketplace," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 37(1), pages 3-42, August.
    44. Klaus Kultti & Tuomas Takalo & Oskari Vähämaa, 2021. "Intermediation in a directed search model," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 456-471, May.
    45. Julien, Benoit & Kennes, John & King, Ian Paul, 2011. "Implementing the Mortensen rule in a frictional labor market," Journal of Macroeconomics, Elsevier, vol. 33(1), pages 80-91, March.
    46. Ulrike Malmendier & Young Han Lee, 2011. "The Bidder's Curse," American Economic Review, American Economic Association, vol. 101(2), pages 749-787, April.
    47. Sun, Daewon, 2008. "Dual mechanism for an online retailer," European Journal of Operational Research, Elsevier, vol. 187(3), pages 903-921, June.
    48. Christopher N. Boyer & B. Wade Brorsen & James R. Fain, 2015. "Private‐Value Auction Versus Posted‐Price Selling: An Agent‐Based Model Approach," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 22(4), pages 249-262, October.
    49. Marja-Liisa Halko & Klaus Kultti & Juha Virrankoski, 2005. "Wage Distribution with a Two-Sided Job Auction," 2005 Meeting Papers 518, Society for Economic Dynamics.
    50. Han Han Peking & Benoit Julien & Liang Wang, 2021. "On the Robustness of Pricing Mechanisms," Working Papers 202105, University of Hawaii at Manoa, Department of Economics.
    51. Patrick Hummel, 2018. "How do selling mechanisms affect profits, surplus, capacity and prices with unknown demand?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(1), pages 94-126, February.
    52. Juha Virrankoski, 2019. "A Cluster and a Search Market CanCoexist," Discussion Papers 128, Aboa Centre for Economics.
    53. Nejat Anbarci & Pedro Gomis-Porqueras & Marcus Pivato, 2018. "Evolutionary stability of bargaining and price posting: implications for formal and informal activities," Journal of Evolutionary Economics, Springer, vol. 28(2), pages 365-397, April.
    54. Virág, Gábor, 2011. "High profit equilibria in directed search models," Games and Economic Behavior, Elsevier, vol. 71(1), pages 224-234, January.

  10. Kultti, K.K., 1997. "A Model of Random Matching and Price Formation," Discussion Paper 1997-32, Tilburg University, Center for Economic Research.

    Cited by:

    1. Satterthwaite, Mark & Shneyerov, Artyom, 2003. "Convergence of a Dynamic Matching and Bargaining Market with Two-sided Incomplete Information to Perfect Competition," Microeconomics.ca working papers shneyerov-03-12-17-09-36-, Vancouver School of Economics, revised 17 Dec 2003.
    2. Kultti, K.K., 1997. "Price Formation by Bargaining and Posted Prices," Discussion Paper 1997-56, Tilburg University, Center for Economic Research.
    3. Arias, J.J., 2005. "Search and leisure with idiosyncratic endowment shocks in a random-matching model," Journal of Macroeconomics, Elsevier, vol. 27(3), pages 385-402, September.
    4. Calvo-Armengol, Antoni, 2003. "A decentralized market with trading links," Mathematical Social Sciences, Elsevier, vol. 45(1), pages 83-103, February.
    5. Yves Breitmoser, 2012. "Proto-coalition bargaining and the core," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(3), pages 581-599, November.
    6. Adalbert Mayer & Theodore L. Turocy, 2013. "Wage Bargaining with Direct Competition and Heterogeneous Access to Vacancies," University of East Anglia Applied and Financial Economics Working Paper Series 052, School of Economics, University of East Anglia, Norwich, UK..

Articles

  1. Kultti, Klaus, 2021. "Monopoly and demand uncertainty," Research in Economics, Elsevier, vol. 75(4), pages 354-364.

    Cited by:

    1. Guerrazzi, Marco & Candido, Giuseppe, 2023. "The determination of the price of capital goods: A differential game approach," MPRA Paper 119118, University Library of Munich, Germany.

  2. Klaus Kultti & Tuomas Takalo & Oskari Vähämaa, 2021. "Intermediation in a directed search model," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 456-471, May.
    See citations under working paper version above.
  3. Godenhielm Mats & Kultti Klaus, 2015. "Directed Search with Endogenous Capacity," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 15(2), pages 211-249, July.
    See citations under working paper version above.
  4. Klaus Kultti & Eeva Mauring & Juuso Vanhala & Timo Vesala, 2015. "Adverse Selection In Dynamic Matching Markets," Bulletin of Economic Research, Wiley Blackwell, vol. 67(2), pages 115-133, April.

    Cited by:

    1. Eeva Mauring, 2017. "Informational Cycles in Search Markets," Vienna Economics Papers vie1708, University of Vienna, Department of Economics.
    2. Ennio Bilancini & Leonardo Boncinelli, 2014. "Dynamic Adverse Selection and the Supply Size," Department of Economics (DEMB) 0034, University of Modena and Reggio Emilia, Department of Economics "Marco Biagi".

  5. Klaus Kultti & Tuomas Takalo & Tanja Tanayama, 2015. "R&D spillovers and information exchange: a case study," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 5(1), pages 63-76, June.

    Cited by:

    1. Sara Amoroso, 2017. "Multilevel heterogeneity of R&D cooperation and innovation determinants," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 7(1), pages 93-120, April.

  6. Kultti Klaus, 2011. "Sellers Like Clusters," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-28, December.

    Cited by:

    1. Klaus Kultti & Mats Godenhielm, 2011. "Directed search with endogenous capacity," 2011 Meeting Papers 1025, Society for Economic Dynamics.
    2. Klaus Kultti & Eeva Mauring, 2014. "Low price signals high capacity," Journal of Economics, Springer, vol. 112(2), pages 165-181, June.
    3. Juha Virrankoski, 2019. "A Cluster and a Search Market CanCoexist," Discussion Papers 128, Aboa Centre for Economics.

  7. Klaus Kultti & Hannu Vartiainen, 2010. "Multilateral non-cooperative bargaining in a general utility space," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(4), pages 677-689, October.
    See citations under working paper version above.
  8. Klaus Kultti & Antti Miettunen & Tuomas Takalo & Juha Virrankoski, 2009. "Who Searches?," The Japanese Economic Review, Japanese Economic Association, vol. 60(2), pages 152-171, June.

    Cited by:

    1. Derek G. Stacey, 2015. "Posted Prices, Search and Bargaining," Working Papers 059, Ryerson University, Department of Economics, revised May 2019.
    2. Klaus Kultti & Eeva Mauring, 2010. "Search with Homogeneous and Heterogeneous Agents," Finnish Economic Papers, Finnish Economic Association, vol. 23(2), pages 62-72, Autumn.
    3. Klaus Kultti & Antti Miettunen & Juha Virrankoski, 2006. "Physical Search," Journal of Economics, Springer, vol. 89(3), pages 223-244, December.
    4. Marja-Liisa Halko & Klaus Kultti & Juha Virrankoski, 2005. "Wage Distribution with a Two-Sided Job Auction," 2005 Meeting Papers 518, Society for Economic Dynamics.

  9. Klaus Kultti & Paavo Miettinen, 2009. "Stability of Constitutions," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(6), pages 891-896, December.

    Cited by:

    1. Takahiro Suzuki & Masahide Horita, 2023. "A Society Can Always Decide How to Decide: A Proof," Group Decision and Negotiation, Springer, vol. 32(5), pages 987-1023, October.
    2. Yaron Azrieli & Semin Kim, 2016. "On The Self-(In) Stability Of Weighted Majority Rules," Working papers 2016rwp-95, Yonsei University, Yonsei Economics Research Institute.

  10. Marja-Liisa Halko & Klaus Kultti & and Juha Virrankoski, 2008. "Search Direction And Wage Dispersion," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(1), pages 111-134, February.

    Cited by:

    1. Bruno Decreuse & André Zylberberg, 2011. "Search Intensity, Directed Search, And The Wage Distribution," Journal of the European Economic Association, European Economic Association, vol. 9(6), pages 1168-1186, December.
    2. Lari Arthur Viianto, 2010. "Wage Bargaining in a Multiple Application Search Model with Recall," Department of Economics and Finance Working Papers EC201001, Universidad de Guanajuato, Department of Economics and Finance.
    3. Manolis Galenianos & Philipp Kircher & Gábor Virág, 2011. "Market Power And Efficiency In A Search Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(1), pages 85-103, February.
    4. Derek G. Stacey, 2015. "Posted Prices, Search and Bargaining," Working Papers 059, Ryerson University, Department of Economics, revised May 2019.
    5. Klaus Kultti & Tuomas Takalo & Oskari Vähämaa, 2021. "Intermediation in a directed search model," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 456-471, May.
    6. Yosuke Oda, 2008. "Note on the Determinants of Wage Dispersion," Discussion Papers in Economics and Business 08-37, Osaka University, Graduate School of Economics.

  11. Kultti, Klaus & Vartiainen, Hannu, 2008. "Bargaining with many players: A limit result," Economics Letters, Elsevier, vol. 101(3), pages 249-252, December.
    See citations under working paper version above.
  12. Kultti, Klaus & Takalo, Tuomas, 2008. "Optimal fragmentation of intellectual property rights," International Journal of Industrial Organization, Elsevier, vol. 26(1), pages 137-149, January.

    Cited by:

    1. Zoltán J. Ács & Mark Sanders, 2015. "Patents, knowledge spillovers, and entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 11, pages 195-212, Edward Elgar Publishing.
    2. Miroslav Gabrovski, 2017. "Coordination Frictions and Economic Growth," 2017 Papers pga928, Job Market Papers.
    3. Emeric Henry, 2010. "Promising the right prize," SciencePo Working papers Main hal-00972957, HAL.
    4. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2007. "Secrecy versus patenting," RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 22-42, March.
    5. Amiya K. Chakravarty, 2021. "The outsourcing conundrum: Misappropriation of intellectual property in supply chains," Naval Research Logistics (NRL), John Wiley & Sons, vol. 68(2), pages 229-240, March.
    6. Clark, Derek J. & Konrad, Kai A., 2008. "Fragmented property rights and incentives for R&D," Munich Reprints in Economics 22089, University of Munich, Department of Economics.
    7. Gurrieri, Antonia Rosa, 2013. "Networking entrepreneurs," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 47(C), pages 193-204.
    8. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2006. "Simultaneous Model of Innovation, Secrecy, and Patent Policy," American Economic Review, American Economic Association, vol. 96(2), pages 82-86, May.

  13. Kultti, Klaus & Vartiainen, Hannu, 2007. "Von Neumann-Morgenstern stable sets, discounting, and Nash bargaining," Journal of Economic Theory, Elsevier, vol. 137(1), pages 721-728, November.

    Cited by:

    1. Luo, Xiao, 2009. "The foundation of stability in extensive games with perfect information," Journal of Mathematical Economics, Elsevier, vol. 45(12), pages 860-868, December.
    2. Klaus Kultti & Hannu Vartiainen, 2010. "Multilateral non-cooperative bargaining in a general utility space," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(4), pages 677-689, October.
    3. Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2011. "On the asymptotic uniqueness of bargaining equilibria," Economics Letters, Elsevier, vol. 111(3), pages 243-246, June.
    4. Predtetchinski, A., 2010. "One-dimensional bargaining: a revision," Research Memorandum 031, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    5. Vicki Knoblauch, 2020. "Von Neumann–Morgenstern stable set rationalization of choice functions," Theory and Decision, Springer, vol. 89(3), pages 369-381, October.
    6. Hannu Vartiainen, 2015. "Dynamic stable set as a tournament solution," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(2), pages 309-327, September.

  14. Kultti Klaus & Vartiainen Hannu, 2007. "Von Neumann-Morgenstern Stable Set Bridges Time-Preferences to the Nash Solution," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 7(1), pages 1-26, November.

    Cited by:

    1. Klaus Kultti & Hannu Vartiainen, 2008. "Bargaining with Many Players: A Limit Result," Discussion Papers 32, Aboa Centre for Economics.
    2. Hannu Vartiainen, 2008. "A conflict-free arbitration scheme in a large population," Discussion Papers 34, Aboa Centre for Economics.

  15. Klaus Kultti & Hannu Salonen, 2007. "Minimum norm solutions for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 35(4), pages 591-602, April.

    Cited by:

    1. Norman Kleinberg & Jeffrey Weiss, 2013. "On membership and marginal values," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(2), pages 357-373, May.
    2. Ulrich Faigle & Michel Grabisch, 2019. "Least Square Approximations and Linear Values of Cooperative Game," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02381231, HAL.
    3. Borkotokey, Surajit & Kumar, Rajnish & Sarangi, Sudipta, 2015. "A solution concept for network games: The role of multilateral interactions," European Journal of Operational Research, Elsevier, vol. 243(3), pages 912-920.
    4. Stern, Ari & Tettenhorst, Alexander, 2019. "Hodge decomposition and the Shapley value of a cooperative game," Games and Economic Behavior, Elsevier, vol. 113(C), pages 186-198.
    5. Xu, Genjiu & Driessen, Theo S.H. & Sun, Hao & Su, Jun, 2013. "Consistency for the additive efficient normalization of semivalues," European Journal of Operational Research, Elsevier, vol. 224(3), pages 566-571.
    6. Tongseok Lim, 2021. "A Hodge theoretic extension of Shapley axioms," Papers 2106.15094, arXiv.org, revised Sep 2021.
    7. L. Hernández-Lamoneda & R. Juárez & F. Sánchez-Sánchez, 2007. "Dissection of solutions in cooperative game theory using representation techniques," International Journal of Game Theory, Springer;Game Theory Society, vol. 35(3), pages 395-426, February.
    8. L. Hernández-Lamoneda & F. Sánchez-Sánchez, 2010. "Rankings and values for team games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 319-350, July.

  16. Kultti Klaus K & Miettinen Paavo A, 2007. "Herding with Costly Observation," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 7(1), pages 1-16, July.

    Cited by:

    1. Diefeng Peng & Yulei Rao & Xianming Sun & Erte Xiao, 2019. "Optional Disclosure and Observational Learning," Monash Economics Working Papers 05-18, Monash University, Department of Economics.
    2. Yang, Wan-Ru, 2011. "Herding with costly information and signal extraction," International Review of Economics & Finance, Elsevier, vol. 20(4), pages 624-632, October.
    3. Marlats, Chantal & Ménager, Lucie, 2021. "Strategic observation with exponential bandits," Journal of Economic Theory, Elsevier, vol. 193(C).
    4. Yoon, Young-Ro, 2015. "Strategic behavior in acquiring and revealing costly private information," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 133-148.
    5. Sushil Bikhchandani & David Hirshleifer & Omer Tamuz & Ivo Welch, 2021. "Information Cascades and Social Learning," NBER Working Papers 28887, National Bureau of Economic Research, Inc.
    6. Mats Godenhielm & Klaus Kultti, 2008. "In a Herd? Herding with costly observation and an unknown number of predecessors," Finnish Economic Papers, Finnish Economic Association, vol. 21(2), pages 95-103, Autumn.
    7. Song, Yangbo, 2016. "Social learning with endogenous observation," Journal of Economic Theory, Elsevier, vol. 166(C), pages 324-333.

  17. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2007. "Secrecy versus patenting," RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 22-42, March.

    Cited by:

    1. Dirk Crass & Francisco Garcia Valero & Francesco Pitton & Christian Rammer, 2019. "Protecting Innovation Through Patents and Trade Secrets: Evidence for Firms with a Single Innovation," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 26(1), pages 117-156, January.
    2. Ponce, Carlos J., 2007. "More secrecy... more knowledge disclosure? : On disclosure outside of patents," UC3M Working papers. Economics we077241, Universidad Carlos III de Madrid. Departamento de Economía.
    3. Di Fan & Long Zhao, 2022. "Old Wine in New Bottles: Patenting Propensity," Journal of Industry, Competition and Trade, Springer, vol. 22(2), pages 207-224, June.
    4. Giacomo Ponzetto, 2014. "Intellectual Property Rights and Efficient Firm Organization," Working Papers 668, Barcelona School of Economics.
    5. Crass, Dirk & Garcia Valero, Francisco & Pitton, Francesco & Rammer, Christian, 2016. "Protecting innovation through patents and trade secrets: Determinants and performance impacts for firms with a single innovation," ZEW Discussion Papers 16-061, ZEW - Leibniz Centre for European Economic Research.
    6. Miroslav Gabrovski, 2017. "Coordination Frictions and Economic Growth," 2017 Papers pga928, Job Market Papers.
    7. Gans, Joshua S. & Murray, Fiona E. & Stern, Scott, 2017. "Contracting over the disclosure of scientific knowledge: Intellectual property and academic publication," Research Policy, Elsevier, vol. 46(4), pages 820-835.
    8. Burton, M. Diane & Nicholas, Tom, 2017. "Prizes, patents and the search for longitude," Explorations in Economic History, Elsevier, vol. 64(C), pages 21-36.
    9. Telg, Nina & Lokshin, Boris & Letterie, Wilko, 2023. "How formal and informal intellectual property protection matters for firms' decision to engage in coopetition: The role of environmental dynamism and competition intensity," Technovation, Elsevier, vol. 124(C).
    10. Song, Yangbo & Zhao, Mofei, 2021. "Dynamic R&D competition under uncertainty and strategic disclosure," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 169-210.
    11. Daniel P. Gross, 2019. "The Hidden Costs of Securing Innovation: The Manifold Impacts of Compulsory Invention Secrecy," NBER Working Papers 25545, National Bureau of Economic Research, Inc.
    12. Emeric Henry & Francisco Ruiz Aliseda, 2013. "Innovation beyond Patents: Technological Complexity as a Protection against Imitation," Sciences Po publications 2013-06, Sciences Po.
    13. Zhang, Tianle, 2009. "Patenting in the Shadow of Independent Discoveries by Rivals," MPRA Paper 32917, University Library of Munich, Germany, revised 2011.
    14. Bornemann, Tobias, 2018. "Do transfer pricing rules distort R&D investment decisions?," arqus Discussion Papers in Quantitative Tax Research 233, arqus - Arbeitskreis Quantitative Steuerlehre.
    15. Walter, Sascha G. & Schmidt, Arne & Walter, Achim, 2016. "Patenting rationales of academic entrepreneurs in weak and strong organizational regimes," Research Policy, Elsevier, vol. 45(2), pages 533-545.
    16. Hofmann, Peter & Keller, Robert & Urbach, Nils, 2019. "Inter-technology relationship networks: Arranging technologies through text mining," Technological Forecasting and Social Change, Elsevier, vol. 143(C), pages 202-213.
    17. Malte Mosel, 2012. "The role of patents and secrecy for intellectual property protection: theory and evidence," Working Papers 117, Bavarian Graduate Program in Economics (BGPE).
    18. Delerue, Hélène & Lejeune, Albert, 2011. "Managerial secrecy and intellectual asset protection in SMEs: The role of institutional environment," Journal of International Management, Elsevier, vol. 17(2), pages 130-142, June.
    19. Jürgen Mihm & Fabian J. Sting & Tan Wang, 2015. "On the Effectiveness of Patenting Strategies in Innovation Races," Management Science, INFORMS, vol. 61(11), pages 2662-2684, November.
    20. Paul Belleflamme & Paul Bloch, 2013. "Dynamic Protection of Innovations through Patents and Trade Secrets," CESifo Working Paper Series 4486, CESifo.
    21. Klein, Michael A, 2021. "The reward and contract theories of patents in a model of endogenous growth," MPRA Paper 107481, University Library of Munich, Germany.
    22. Bronwyn H. Hall & Vania Sena, 2017. "Appropriability mechanisms, innovation, and productivity: evidence from the UK," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(1-2), pages 42-62, February.
    23. Ajay Bhaskarabhatla & Enrico Pennings, 2012. "Defensive Disclosure under Antitrust Enforcement," DRUID Working Papers 12-08, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    24. Gabrovski, Miroslav, 2015. "The Patent System as a Tool for Eroding Market Power," MPRA Paper 81330, University Library of Munich, Germany, revised 10 Sep 2017.
    25. Pavel Kocourek, 2021. "Revealing Private Information in a Patent Race," CERGE-EI Working Papers wp693, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    26. Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107687899.
    27. Hall, Bronwyn & Helmers, Christian & Rogers, Mark & Sena, Vania, 2014. "The Choice between Formal and Informal Intellectual Property: A Review," Department of Economics, Working Paper Series qt4271z78q, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    28. Carsten Fink & Andrea Fosfuri & Christian Helmers & Amanda F. Myers, 2022. "Submarine trademarks," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(4), pages 818-840, November.
    29. Malte Mosel, 2011. "Big patents, small secrets: how firms protect inventions when R&D outcome is heterogeneous," Working Papers 105, Bavarian Graduate Program in Economics (BGPE).
    30. Sim, Kyoungbo, 2021. "Optimal use of patents and trade secrets for complex innovations," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    31. Klein, Michael A., 2020. "Secrecy, the patent puzzle and endogenous growth," European Economic Review, Elsevier, vol. 126(C).
    32. Trommetter, M. & Tropéano, J.P., 2009. "Do broad patents deter research cooperation ?," Working Papers 200904, Grenoble Applied Economics Laboratory (GAEL).
    33. Miroslav Gabrovski, 2020. "Simultaneous Innovation and the Cyclicality of R&D," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 122-133, April.
    34. Tapan Biswas & Jolian McHardy, 2012. "Secrecy Versus Patents: Process Innovations and the Role of Uncertainty," Working Paper series 18_12, Rimini Centre for Economic Analysis.
    35. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2005. "Patents Hinder Collusion," Industrial Organization 0503015, University Library of Munich, Germany.
    36. Patrick Herbst & Eric Jahn, 2017. "IP-for-IP or Cash-for-IP? R&D Competition and the Market for Technology," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 51(1), pages 75-101, August.
    37. Roma, Paolo & Messeni Petruzzelli, Antonio & Perrone, Giovanni, 2017. "From the crowd to the market: The role of reward-based crowdfunding performance in attracting professional investors," Research Policy, Elsevier, vol. 46(9), pages 1606-1628.
    38. Bronwyn H. Hall & Christian Helmers & Mark Rogers & Vania Sena, 2012. "The Choice between Formal and Informal Intellectual Property: A Literature Review," NBER Working Papers 17983, National Bureau of Economic Research, Inc.
    39. Ding, Rong & Ko, Chiu Yu, 2021. "Does licensing improve welfare with rent dissipation?," Economic Modelling, Elsevier, vol. 105(C).
    40. Bonwoo Koo & Brian D. Wright, 2010. "Dynamic Effects of Patent Policy on Sequential Innovation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(2), pages 489-512, June.
    41. Michelle Y. Lu & Jiwoong Shin, 2018. "A Model of Two-Sided Costly Communication for Building New Product Category Demand," Marketing Science, INFORMS, vol. 37(3), pages 382-402, May.
    42. Jussi Heikkilä & Annika Lorenz, 2018. "Need for speed? Exploring the relative importance of patents and utility models among German firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 27(1), pages 80-105, January.
    43. Ping Lin & Tianle Zhang & Wen Zhou, 2020. "Vertical integration and disruptive cross‐market R&D," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 51-73, January.
    44. Mukherjee, Arijit & Stern, Scott, 2009. "Disclosure or secrecy? The dynamics of Open Science," International Journal of Industrial Organization, Elsevier, vol. 27(3), pages 449-462, May.
    45. Kultti, Klaus & Takalo, Tuomas, 2008. "Optimal fragmentation of intellectual property rights," International Journal of Industrial Organization, Elsevier, vol. 26(1), pages 137-149, January.
    46. Helmers, Christian & Rogers, Mark, 2011. "Does patenting help high-tech start-ups?," Research Policy, Elsevier, vol. 40(7), pages 1016-1027, September.
    47. Bos, Brenda & Broekhuizen, Thijs L.J. & de Faria, Pedro, 2015. "A dynamic view on secrecy management," Journal of Business Research, Elsevier, vol. 68(12), pages 2619-2627.
    48. Walter, Sascha G. & Schmidt, Arne & Walter, Achim, 2010. "The Patenting Behavior of Academic Founders," EconStor Preprints 37083, ZBW - Leibniz Information Centre for Economics.
    49. Liang Guo-Fitoussi & Ahmed Bounfour & Sabrine Rekik, 2019. "Intellectual property rights, complementarity and the firm's economic performance," Post-Print hal-03427803, HAL.
    50. Xiaoyang Zhao, 2019. "Patenting Or Secret? The Interaction Between Leading Firms And Following Firms Based On Evolutionary Game Theory And Multi-Agent Simulation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(07), pages 1-22, October.
    51. David Youngberg & Joshua Hall, 2020. "Inventor Mobility, Human Capital, and the Propensity to Patent," Working Papers 20-10, Department of Economics, West Virginia University.
    52. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2006. "Simultaneous Model of Innovation, Secrecy, and Patent Policy," American Economic Review, American Economic Association, vol. 96(2), pages 82-86, May.
    53. Ekinci, Emre, 2022. "Employee entrepreneurship and signaling role of corporate venturing decisions," Labour Economics, Elsevier, vol. 79(C).
    54. Schmidt, Tobias, 2006. "An Empirical Analysis of the Effects of Patents and Secrecy on Knowledge Spillovers," ZEW Discussion Papers 06-048, ZEW - Leibniz Centre for European Economic Research.

  18. Halko, Marja-Liisa & Kultti, Klaus & Niinimaki, Juha-Pekka, 2007. "Evolutionary stability of trading rules in an urn-ball matching model," Research in Economics, Elsevier, vol. 61(1), pages 11-15, March.

    Cited by:

    1. Benoit Julien & John Kennes & Ian King, 2006. "Monetary Exchange with Multilateral Matching," 2006 Meeting Papers 883, Society for Economic Dynamics.
    2. Benoît Julien & John Kennes & Ian King, 2005. "Ex post bidding and efficient coordination unemployment," Canadian Journal of Economics, Canadian Economics Association, vol. 38(1), pages 174-193, February.

  19. Kultti, Klaus & Miettinen, Paavo, 2007. "Stable set and voting rules," Mathematical Social Sciences, Elsevier, vol. 53(2), pages 164-171, March.

    Cited by:

    1. Yaron Azrieli & Semin Kim, 2016. "On The Self-(In) Stability Of Weighted Majority Rules," Working papers 2016rwp-95, Yonsei University, Yonsei Economics Research Institute.

  20. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2006. "Simultaneous Model of Innovation, Secrecy, and Patent Policy," American Economic Review, American Economic Association, vol. 96(2), pages 82-86, May.

    Cited by:

    1. Adam Karbowski, 2020. "A Note on Patents and Leniency," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 97-108.
    2. Banerjee, Dyuti & Chatterjee, Ishita, 2010. "The impact of piracy on innovation in the presence of technological and market uncertainty," Information Economics and Policy, Elsevier, vol. 22(4), pages 391-397, December.
    3. Dirk Crass & Francisco Garcia Valero & Francesco Pitton & Christian Rammer, 2019. "Protecting Innovation Through Patents and Trade Secrets: Evidence for Firms with a Single Innovation," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 26(1), pages 117-156, January.
    4. Ponce, Carlos J., 2007. "More secrecy... more knowledge disclosure? : On disclosure outside of patents," UC3M Working papers. Economics we077241, Universidad Carlos III de Madrid. Departamento de Economía.
    5. Di Fan & Long Zhao, 2022. "Old Wine in New Bottles: Patenting Propensity," Journal of Industry, Competition and Trade, Springer, vol. 22(2), pages 207-224, June.
    6. Crass, Dirk & Garcia Valero, Francisco & Pitton, Francesco & Rammer, Christian, 2016. "Protecting innovation through patents and trade secrets: Determinants and performance impacts for firms with a single innovation," ZEW Discussion Papers 16-061, ZEW - Leibniz Centre for European Economic Research.
    7. Banerjee, Dyuti, 2013. "Effect of piracy on innovation in the presence of network externalities," Economic Modelling, Elsevier, vol. 33(C), pages 526-532.
    8. Komulainen, Mari & Takalo, Tuomas, 2009. "Does State Street lead to Europe? The case of financial exchange innovations," Bank of Finland Research Discussion Papers 22/2009, Bank of Finland.
    9. Telg, Nina & Lokshin, Boris & Letterie, Wilko, 2023. "How formal and informal intellectual property protection matters for firms' decision to engage in coopetition: The role of environmental dynamism and competition intensity," Technovation, Elsevier, vol. 124(C).
    10. Farid Shirazi & Nick Hajli, 2021. "IT-Enabled Sustainable Innovation and the Global Digital Divides," Sustainability, MDPI, vol. 13(17), pages 1-24, August.
    11. Zhang, Tianle, 2009. "Patenting in the Shadow of Independent Discoveries by Rivals," MPRA Paper 32917, University Library of Munich, Germany, revised 2011.
    12. Malte Mosel, 2012. "The role of patents and secrecy for intellectual property protection: theory and evidence," Working Papers 117, Bavarian Graduate Program in Economics (BGPE).
    13. Jürgen Mihm & Fabian J. Sting & Tan Wang, 2015. "On the Effectiveness of Patenting Strategies in Innovation Races," Management Science, INFORMS, vol. 61(11), pages 2662-2684, November.
    14. Leiponen, Aija & Byma, Justin, 2009. "If you cannot block, you better run: Small firms, cooperative innovation, and appropriation strategies," Research Policy, Elsevier, vol. 38(9), pages 1478-1488, November.
    15. Gabrovski, Miroslav, 2015. "The Patent System as a Tool for Eroding Market Power," MPRA Paper 81330, University Library of Munich, Germany, revised 10 Sep 2017.
    16. Hall, Bronwyn & Helmers, Christian & Rogers, Mark & Sena, Vania, 2014. "The Choice between Formal and Informal Intellectual Property: A Review," Department of Economics, Working Paper Series qt4271z78q, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    17. Malte Mosel, 2011. "Big patents, small secrets: how firms protect inventions when R&D outcome is heterogeneous," Working Papers 105, Bavarian Graduate Program in Economics (BGPE).
    18. Fabio M. Manenti & Luca Sandrini, 2023. "Patents with Simultaneous Innovations: The Patentability Requirements and the Direction of Innovation," Discussion Papers 2303, Budapest University of Technology and Economics, Quantitative Social and Management Sciences, revised Aug 2023.
    19. Cappelli, Riccardo & Corsino, Marco & Laursen, Keld & Torrisi, Salvatore, 2023. "Technological competition and patent strategy: Protecting innovation, preempting rivals and defending the freedom to operate," Research Policy, Elsevier, vol. 52(6).
    20. Francesco Chirico & Giuseppe Criaco & Massimo Baù & Lucia Naldi & Luis R. Gomez-Mejia & Josip Kotlar, 2020. "To patent or not to patent: That is the question. Intellectual property protection in family firms," Entrepreneurship Theory and Practice, , vol. 44(2), pages 339-367, March.
    21. Sabyasachi Mitra & Sam Ransbotham, 2015. "Information Disclosure and the Diffusion of Information Security Attacks," Information Systems Research, INFORMS, vol. 26(3), pages 565-584, September.
    22. Ding, Rong & Ko, Chiu Yu, 2021. "Does licensing improve welfare with rent dissipation?," Economic Modelling, Elsevier, vol. 105(C).
    23. Korkeamäki, Timo & Takalo, Tuomas, 2010. "Valuation of innovation: The case of iPhone," MPRA Paper 28042, University Library of Munich, Germany.
    24. Ping Lin & Tianle Zhang & Wen Zhou, 2020. "Vertical integration and disruptive cross‐market R&D," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 51-73, January.
    25. Krishna Dasaratha, 2019. "Innovation and Strategic Network Formation," Papers 1911.06872, arXiv.org, revised Mar 2022.

  21. Klaus Kultti & Paavo Miettinen, 2006. "Herding With Costly Information," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 21-31.

    Cited by:

    1. Diefeng Peng & Yulei Rao & Xianming Sun & Erte Xiao, 2019. "Optional Disclosure and Observational Learning," Monash Economics Working Papers 05-18, Monash University, Department of Economics.
    2. Yang, Wan-Ru, 2011. "Herding with costly information and signal extraction," International Review of Economics & Finance, Elsevier, vol. 20(4), pages 624-632, October.
    3. Partha Gangopadhyay, 2011. "Decision Making in Ignorance and Consequent Market Outcomes: Equilibrium Analysis," Modern Applied Science, Canadian Center of Science and Education, vol. 5(3), pages 1-3, June.
    4. Hsieh, Shu-Fan & Chan, Chia-Ying & Wang, Ming-Chun, 2020. "Retail investor attention and herding behavior," Journal of Empirical Finance, Elsevier, vol. 59(C), pages 109-132.
    5. Yoon, Young-Ro, 2015. "Strategic behavior in acquiring and revealing costly private information," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 133-148.
    6. Mats Godenhielm & Klaus Kultti, 2008. "In a Herd? Herding with costly observation and an unknown number of predecessors," Finnish Economic Papers, Finnish Economic Association, vol. 21(2), pages 95-103, Autumn.
    7. Harry Pei, 2020. "Reputation Building under Observational Learning," Papers 2006.08068, arXiv.org, revised Nov 2020.
    8. Song, Yangbo, 2016. "Social learning with endogenous observation," Journal of Economic Theory, Elsevier, vol. 166(C), pages 324-333.

  22. Klaus Kultti & Antti Miettunen & Juha Virrankoski, 2006. "Physical Search," Journal of Economics, Springer, vol. 89(3), pages 223-244, December.

    Cited by:

    1. John Kennes, 2004. "Competitive Auctions: Theory and Application," Discussion Papers 04-16, University of Copenhagen. Department of Economics.
    2. Klaus Kultti & Eeva Mauring, 2010. "Search with Homogeneous and Heterogeneous Agents," Finnish Economic Papers, Finnish Economic Association, vol. 23(2), pages 62-72, Autumn.

  23. Klaus Kultti & Hannu Salonen, 2005. "Market for Votes," Homo Oeconomicus, Institute of SocioEconomics, vol. 23, pages 323-332.

    Cited by:

    1. Alessandra Casella & Aniol Llorente-Saguer & Thomas R. Palfrey, 2010. "Competitive Equilibrium in Markets for Votes," Levine's Working Paper Archive 661465000000000143, David K. Levine.
    2. Casella, Alessandra & Turban, Sébastien, 2014. "Democracy undone. Systematic minority advantage in competitive vote markets," Games and Economic Behavior, Elsevier, vol. 88(C), pages 47-70.
    3. Alessandra Casella & Antonin Macé, 2020. "Does Vote Trading Improve Welfare?," NBER Working Papers 27743, National Bureau of Economic Research, Inc.
    4. Casella, Alessandra & Palfrey, Thomas R & Turban, Sébastien, 2012. "Vote Trading With and Without Party Leaders," CEPR Discussion Papers 8848, C.E.P.R. Discussion Papers.

  24. Kultti, Klaus & Virrankoski, Juha, 2004. "Price distribution in a random matching model," Economics Letters, Elsevier, vol. 83(3), pages 405-409, June.

    Cited by:

    1. Pedro Mazeda Gil & Fernanda Figueiredo & Oscar Afonso, 2009. "Equilibrium Price Distribution with Directed Technical Change," FEP Working Papers 327, Universidade do Porto, Faculdade de Economia do Porto.

  25. Kultti Klaus & Virrankoski Juha, 2003. "Price Distribution in a Symmetric Economy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-21, April.

    Cited by:

    1. Kultti, Klaus & Virrankoski, Juha, 2004. "Price distribution in a random matching model," Economics Letters, Elsevier, vol. 83(3), pages 405-409, June.
    2. Pedro Mazeda Gil & Fernanda Figueiredo & Oscar Afonso, 2009. "Equilibrium Price Distribution with Directed Technical Change," FEP Working Papers 327, Universidade do Porto, Faculdade de Economia do Porto.
    3. Marja-Liisa Halko & Klaus Kultti & Juha Virrankoski, 2005. "Wage Distribution with a Two-Sided Job Auction," 2005 Meeting Papers 518, Society for Economic Dynamics.

  26. Klaus Kultti, 2003. "Comparison of Auctions and Posted Prices in a Finite Random Matching Model," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 159(3), pages 457-467, September.

    Cited by:

    1. Pedro Gomis‐Porqueras & Benoit Julien & Chengsi Wang, 2017. "Strategic Advertising And Directed Search," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(3), pages 783-806, August.
    2. Klaus Kultti & Mats Godenhielm, 2011. "Directed search with endogenous capacity," 2011 Meeting Papers 1025, Society for Economic Dynamics.

  27. Klaus Kultti, 2003. "About Market Structure," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 240-251, January.

    Cited by:

    1. Nie, Pu-yan, 2009. "Commitment for storable goods under vertical integration," Economic Modelling, Elsevier, vol. 26(2), pages 414-417, March.

  28. Klaus Kultti & Toni Riipinen, 2003. "Multilateral and Bilateral Meetings with Production Heterogeneity," Finnish Economic Papers, Finnish Economic Association, vol. 16(1), pages 27-37, Spring.

    Cited by:

    1. Richard Dutu & Benoit Julien & Ian King, 2009. "Liquidity Constrained Competing Auctions," Department of Economics - Working Papers Series 1068, The University of Melbourne.
    2. Halko, Marja-Liisa & Kultti, Klaus & Niinimaki, Juha-Pekka, 2007. "Evolutionary stability of trading rules in an urn-ball matching model," Research in Economics, Elsevier, vol. 61(1), pages 11-15, March.
    3. Anbarci, Nejat & Dutu, Richard & Feltovich, Nick, 2015. "Inflation tax in the lab: a theoretical and experimental study of competitive search equilibrium with inflation," Journal of Economic Dynamics and Control, Elsevier, vol. 61(C), pages 17-33.

  29. Kultti, Klaus & Takalo, Tuomas, 2002. "Hold-Ups and Asymmetric Information in a Technology Transfer: The Micronas Case," The Journal of Technology Transfer, Springer, vol. 27(3), pages 233-243, June.

    Cited by:

    1. Klaus Kultti & Tuomas Takalo & Tanja Tanayama, 2015. "R&D spillovers and information exchange: a case study," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 5(1), pages 63-76, June.
    2. Lee Davis, 2006. "Licensing Strategies of the Enterprising - but Vulnerable - "Intellectual Property" Vendors," DRUID Working Papers 06-12, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    3. AGRELL, Per & KASPERZEC, Roman, 2010. "Dynamic joint investments in supply chains under information asymmetry," LIDAM Discussion Papers CORE 2010085, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Kavusan, Korcan & Noorderhaven, Niels G. & Duysters, Geert M., 2016. "Knowledge acquisition and complementary specialization in alliances: The impact of technological overlap and alliance experience," Research Policy, Elsevier, vol. 45(10), pages 2153-2165.

  30. Kultti, Klaus, 2000. "About bargaining power," Economics Letters, Elsevier, vol. 69(3), pages 341-344, December.

    Cited by:

    1. Timo Vesala, 2008. "On the Determinants of the Skill Premium in Wages," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 164(2), pages 195-210, June.
    2. Pertti Haaparanta, 2000. "International Trade and Search," Econometric Society World Congress 2000 Contributed Papers 0858, Econometric Society.
    3. Neryvia Pillay Bell, 2020. "Monetary policy and inequality," Working Papers 208, Economic Research Southern Africa.

  31. Kultti, Klaus, 2000. "A model of random matching and price formation," European Economic Review, Elsevier, vol. 44(10), pages 1841-1856, December.
    See citations under working paper version above.
  32. Tuomas Takalo & Klaus Kultti, 1999. "Incomplete Contracting in Research Joint Ventures: a Case Study," Homo Oeconomicus, Institute of SocioEconomics, vol. 15, pages 341-367.

    Cited by:

    1. Klaus Kultti & Tuomas Takalo & Tanja Tanayama, 2015. "R&D spillovers and information exchange: a case study," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 5(1), pages 63-76, June.

  33. Kultti, Klaus, 1999. "Equivalence of Auctions and Posted Prices," Games and Economic Behavior, Elsevier, vol. 27(1), pages 106-113, April.
    See citations under working paper version above.
  34. Kultti, Klaus & Takalo, Tuomas, 1999. "Equilibrium in Auction and Bargaining Markets When Agents Can Wait and Search," Bulletin of Economic Research, Wiley Blackwell, vol. 51(3), pages 171-205, July.

    Cited by:

    1. Klaus Kultti & Antti Miettunen & Tuomas Takalo & Juha Virrankoski, 2009. "Who Searches?," The Japanese Economic Review, Japanese Economic Association, vol. 60(2), pages 152-171, June.
    2. Halko, Marja-Liisa & Kultti, Klaus & Niinimaki, Juha-Pekka, 2007. "Evolutionary stability of trading rules in an urn-ball matching model," Research in Economics, Elsevier, vol. 61(1), pages 11-15, March.

  35. Kultti, Klaus, 1998. "Scale returns of a random matching model," Economics Letters, Elsevier, vol. 58(3), pages 277-280, March.
    See citations under working paper version above.
  36. Kultti, Klaus & Takalo, Tuomas, 1998. "R&D spillovers and information exchange," Economics Letters, Elsevier, vol. 61(1), pages 121-123, October.

    Cited by:

    1. Arijit Mukherjee, 2002. "R&D, Licensing and Patent Protection," Industrial Organization 0211011, University Library of Munich, Germany.
    2. Keilbach, Max & Bönte, Werner, 2004. "Concubinage or Marriage? Informal and Formal Cooperations for Innovation," ZEW Discussion Papers 04-11, ZEW - Leibniz Centre for European Economic Research.
    3. Noriaki Matsushima & Laixun Zhao, 2018. "Technology spillovers and outside options in a bilateral duopoly," ISER Discussion Paper 1039, Institute of Social and Economic Research, Osaka University.
    4. Klaus Kultti & Tuomas Takalo & Tanja Tanayama, 2015. "R&D spillovers and information exchange: a case study," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 5(1), pages 63-76, June.
    5. Amir, Rabah, 2000. "Modelling imperfectly appropriable R&D via spillovers," International Journal of Industrial Organization, Elsevier, vol. 18(7), pages 1013-1032, October.
    6. Joanna Poyago‐Theotoky & Khemarat Talerngsri Teerasuwannajak, 2020. "Endogenous research and development spillovers and asymmetric firms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(7), pages 1282-1286, October.
    7. Leiponen, Aija, 2005. "Skills and innovation," International Journal of Industrial Organization, Elsevier, vol. 23(5-6), pages 303-323, June.
    8. Bönte, Werner & Wiethaus, Lars, 2005. "Knowledge Transfer in Buyer-Supplier Relationships - When It (Not) Occurs," RWI Discussion Papers 34, RWI - Leibniz-Institut für Wirtschaftsforschung.
    9. Ishikawa, Nana & Shibata, Takashi, 2021. "R&D competition and cooperation with asymmetric spillovers in an oligopoly market," International Review of Economics & Finance, Elsevier, vol. 72(C), pages 624-642.
    10. Wiethaus, Lars, 2005. "Absorptive capacity and connectedness: Why competing firms also adopt identical R&D approaches," International Journal of Industrial Organization, Elsevier, vol. 23(5-6), pages 467-481, June.
    11. Joanna Poyago-Theotoky & Khemarat Talerngsri Teerasuwannajak, 2009. "R&D Productivity and Intellectual Property Rights Protection Regimes," Working Paper series 43_09, Rimini Centre for Economic Analysis.
    12. Chiara CONTI, 2013. "Asymmetric information in a duopoly with spillovers: new findings on the effects of RJVs," Departmental Working Papers 2013-04, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    13. AMIR, Rabah & NANNERUP, Niels & STEPANOVA, Anna & EGUIAZAROVA, Elina, 2001. "Monopoly versus R&D-integrated duopoly," LIDAM Discussion Papers CORE 2001051, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    14. Kamien, Morton I. & Zang, Israel, 2000. "Meet me halfway: research joint ventures and absorptive capacity," International Journal of Industrial Organization, Elsevier, vol. 18(7), pages 995-1012, October.
    15. Jing You & Katsushi S. Imai & Raghav Gaiha, 2015. "Declining Nutrient Intake in a Growing China: Does Household Heterogeneity Matter?," Discussion Paper Series DP2015-20, Research Institute for Economics & Business Administration, Kobe University.
    16. Li, Hui & Zhou, Wei & Elsadany, A. A & Chu, Tong, 2021. "Stability, multi-stability and instability in Cournot duopoly game with knowledge spillover effects and relative profit maximization," Chaos, Solitons & Fractals, Elsevier, vol. 146(C).
    17. Ishii, Akira, 2004. "Cooperative R&D between vertically related firms with spillovers," International Journal of Industrial Organization, Elsevier, vol. 22(8-9), pages 1213-1235, November.
    18. Noriaki Matsushima & Laixun Zhao, 2015. "Strategic dual sourcing as a driver for free revealing of innovation," ISER Discussion Paper 0936, Institute of Social and Economic Research, Osaka University.
    19. Kwiatkowski, Andrzej, 2010. "Non-cooperative incentives to share knowledge in competitive environments," SIRE Discussion Papers 2010-87, Scottish Institute for Research in Economics (SIRE).
    20. Yap, Yee Jiun & Luckraz, Shravan & Tey, Siew Kian, 2014. "Long-term research and development incentives in a dynamic Cournot duopoly," Economic Modelling, Elsevier, vol. 39(C), pages 8-18.
    21. Ouchida, Yasunori & Goto, Daisaku, 2016. "Environmental research joint ventures and time-consistent emission tax: Endogenous choice of R&D formation," Economic Modelling, Elsevier, vol. 55(C), pages 179-188.
    22. Mário A. P. M. Silva, 2018. "Cooperative R&D and Commitment to A Policy of Know-how Trading," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 24(2), pages 123-133, May.
    23. Matthew R. Roelofs & Stein E. Østbye & Eirik E. Heen, 2017. "Asymmetric firms, technology sharing and R&D investment," Experimental Economics, Springer;Economic Science Association, vol. 20(3), pages 574-600, September.
    24. Mário Alexandre Patrício Martins da Silva, 2018. "Cooperative R&D And Commitment To A Policy Of Know-How Trading," FEP Working Papers 601, Universidade do Porto, Faculdade de Economia do Porto.
    25. Kaiser, Ulrich, 2002. "An empirical test of models explaining research expenditures and research cooperation: evidence for the German service sector," International Journal of Industrial Organization, Elsevier, vol. 20(6), pages 747-774, June.
    26. Stuart McDonald & Mohamad Alghamdi & Bernard Pailthorpe, 2011. "The Effect of Connectivity, Proximity and Market Structure on R&D Networks," Discussion Papers Series 454, School of Economics, University of Queensland, Australia.
    27. Amagoia Sagasta, 2019. "Cooperative R&D with durable goods," Journal of Economics, Springer, vol. 128(3), pages 239-258, December.

  37. Hannu Salonen & Klaus Kultti, 1998. "Iterated dominance in quasisupermodular games with strict single crossing property," International Journal of Game Theory, Springer;Game Theory Society, vol. 27(2), pages 305-309.

    Cited by:

    1. Shinohara, Ryusuke, 2019. "Undominated coalition-proof Nash equilibria in quasi-supermodular games with monotonic externalities," Economics Letters, Elsevier, vol. 176(C), pages 86-89.
    2. Sobel, Joel, 2019. "Iterated weak dominance and interval-dominance supermodular games," Theoretical Economics, Econometric Society, vol. 14(1), January.

  38. Kultti, Klaus & Salonen, Hannu, 1997. "Undominated Equilibria in Games with Strategic Complementarities," Games and Economic Behavior, Elsevier, vol. 18(1), pages 98-115, January.

    Cited by:

    1. Shinohara, Ryusuke, 2019. "Undominated coalition-proof Nash equilibria in quasi-supermodular games with monotonic externalities," Economics Letters, Elsevier, vol. 176(C), pages 86-89.
    2. Arora, Gaurav, 2017. "Studies on factors affecting the evolution of agroecosystems in the Dakotas," ISU General Staff Papers 201701010800006258, Iowa State University, Department of Economics.
    3. Oriol Carbonell-Nicolau & Richard McLean, 2015. "On equilibrium refinements in supermodular games," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(4), pages 869-890, November.
    4. Sobel, Joel, 2019. "Iterated weak dominance and interval-dominance supermodular games," Theoretical Economics, Econometric Society, vol. 14(1), January.

  39. Klaus Kultti, 1996. "A monetary economy with counterfeiting," Journal of Economics, Springer, vol. 63(2), pages 175-186, June.

    Cited by:

    1. Edward J. Green & Warren Weber, 1996. "Will the New $100 Bill Decrease Counterfeiting?," Macroeconomics 9609003, University Library of Munich, Germany, revised 11 Sep 1996.
    2. Ricardo de O. Cavalcanti & Ed Nosal, 2007. "Counterfeiting as private money in mechanism design," Working Papers (Old Series) 0716, Federal Reserve Bank of Cleveland.
    3. Nathan Viles & Alexandra Rush & Thomas Rohling, 2015. "The Social Costs of Currency Counterfeiting," RBA Research Discussion Papers rdp2015-05, Reserve Bank of Australia.
    4. Charles M. Kahn & William Roberds, 2005. "Credit and identity theft," Conference Series ; [Proceedings], Federal Reserve Bank of Boston.
    5. Roberds, William & Schreft, Stacey L., 2009. "Data breaches and identity theft," Journal of Monetary Economics, Elsevier, vol. 56(7), pages 918-929, October.
    6. Lotz, Sebastien, 2004. "Introducing a new currency: Government policy and prices," European Economic Review, Elsevier, vol. 48(5), pages 959-982, October.
    7. Richard Dutu & Ed Nosal & Guillaume Rocheteau, 2005. "On the recognizability of money," Working Papers (Old Series) 0512, Federal Reserve Bank of Cleveland.
    8. Yvan Lengwiler, 1997. "A model of money counterfeits," Journal of Economics, Springer, vol. 65(2), pages 123-132, June.
    9. Peter Rupert & Martin Schindler & Andrei Shevchenko & Randall Wright, 2000. "The search-theoretic approach to monetary economics: a primer," Economic Review, Federal Reserve Bank of Cleveland, issue Q IV, pages 10-28.
    10. Kang, Kee-Youn, 2017. "Counterfeiting, screening and government policy," Journal of Economic Theory, Elsevier, vol. 172(C), pages 26-54.
    11. Pavlina R. Tcherneva, 2016. "Money, Power, and Monetary Regimes," Economics Working Paper Archive wp_861, Levy Economics Institute.
    12. Monnet, Cyril, 2005. "Counterfeiting and inflation," Working Paper Series 512, European Central Bank.

  40. Kultti, Klaus, 1995. "A finite horizon monetary economy," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 237-251.

    Cited by:

    1. Wright, Randall, 1995. "Search, evolution, and money," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 181-206.
    2. Camera, Gabriele & Vesely, Filip, 2007. "Trading horizons and the value of money," European Economic Review, Elsevier, vol. 51(7), pages 1751-1767, October.

  41. Klaus Kultti, 1994. "An n-person bargaining game," Finnish Economic Papers, Finnish Economic Association, vol. 7(2), pages 130-132, Autumn.

    Cited by:

    1. Daniel Cardona-Coll, 2003. "Bargaining and Strategic Demand Commitment," Theory and Decision, Springer, vol. 54(4), pages 357-374, June.

  42. Kultti, Klaus, 1994. "Money and markets," Economics Letters, Elsevier, vol. 45(1), pages 59-62, May.

    Cited by:

    1. Klaus Kultti, 1996. "A monetary economy with counterfeiting," Journal of Economics, Springer, vol. 63(2), pages 175-186, June.
    2. Goldberg, Dror, 2007. "Money with partially directed search," Journal of Monetary Economics, Elsevier, vol. 54(4), pages 979-993, May.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.