Coopetitive games and sustainability in project financing

Carfì, David and Patané, Giusy and Pellegrino, Samantha (2011): Coopetitive games and sustainability in project financing. Forthcoming in:

Abstract

The paper provides a Game Theory model of coopetition which addresses the Project Financing problem of supporting the production of energy via sustainable renewable sources. In our analysis we consider two banks that may decide to invest in renewable and non-renewable energy sources. Several solutions of our coopetitive game are considered and determined explicitly.

• Item Type: MPRA Paper
• Language: English
• Keywords: Sustainability; coopetition; Differentiable Pareto Analysis; Project Financing
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services; C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C71 - Cooperative Games; C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory; C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages

References

Baglieri D., Carfì D., Dagnino G., (2010), “Profiting from Asymmetric R&D Alliances: Coopetitive Games and Firms’ Strategies”, paper presented at the 4th Workshop on Coopetition Strategy “Coopetition and Innovation”, Montpellier, June 17-18, 2010

Brandenburger A.M., Nalebuff B.J., 1995, “The Right Game: Use Game Theory to Shape Strategy”, Harvard Business Review, vol. 64, July-August, pp. 57-71.

Carfì D., 2009, “Payoff space in C1-games”, Applied Sciences (APPS), vol.11, pp. 1-16. http://www.mathem.pub.ro/apps/

Carfì D., 2010, “A Model for Coopetitive Games”, paper presented at Sing6, Palermo, July 6-9 2010

Carfì D., Ricciardello A. 2010, “An Algorithm for Payoff Space in C1-Games”, Atti della Accademia Peloritana dei Pericolanti, Classe di Scienze Fisiche Matematiche e Naturali, Vol. LXXXVIII, n.1, pp. 1-19. http://antonello.unime.it/atti/

Carfì D., Magaudda M., Schilirò D., 2010, Coopetitive Game Solutions for the Eurozone Economy, Quaderno di Economia e Analisi del Territorio, n.55, DESMaS, Università di Messina. Clarke-Hill C., Li H., Davies B., 2003, “The Paradox of Co-operation and Competition in Startegic Alliances: Towards a Multi-Paradigm Approach”, Management Research News, vol.26, pp.1-20.

Gulati R., Nohria N., Zaheer A., 2000, “Strategic Networks”, Strategic Management Journal, vol. 21, pp.203-215.

Padula G., Dagnino G.B., 2007, “Untangling the Rise of Coopetition”, International Studies of Management and Organization, vol. 37, n. 2, pp. 32-53.

Porter M., 1985, Competitive Advantage. Creating and Sustaining Superior Performance, Free Press, New York.

Schilirò D., 2008, “ Investing in Knowledge: Knowledge, Human Capital and Institutions for the Long Run Growth”, Quaderno CRANEC, Vita e Pensiero, Milano, Novembre, pp.1-31.

Schilirò D., 2009, “Knowledge, Learning, Networks and Performance of Firms in Knowledge-Based Economies”. In New Technologies, Networks and Governance Structures, edited by A. Prinz, A. Steenge, N. Isegrei,, Wirtschaft: Forschung und Wissenschaft Bd. 24, LIT-Verlag, Berlin, pp. 5-30.