• Production versus safety in a risky competitive industry 

      Hausken, Kjell (Peer reviewed; Journal article, 2012)
      Each of two firms has a resource that can be converted into safety versus productive investment in the first stage, with Bertrand competition on price in the second stage of a two-stage game. The firms produce differentiated ...
    • Risk limits, conflict, and equilibrium selection in games with multiple equilibria 

      Hausken, Kjell (Journal article; Peer reviewed, 2009)
      A risk limit conflict measure is developed as the product of the two players’ maximum probabilities of being recalcitrant when pursuing a preferred equilibrium. Although the justification for it is different, the measure ...
    • Risk, price, and reimbursement 

      Hausken, Kjell (Journal article; Peer reviewed, 2010)
      The article offers five hypotheses for the inverse relationship between risk and price in terms of first and second derivatives, establishing ranges of convexity, linearity, concavity. Negative price means reimbursement. ...
    • Risk, production and conflict when utilities are as if certain 

      Hausken, Kjell (Journal article; Peer reviewed, 2010)
      The article analyses a production and conflict model of risk, supplementing the common rent seeking analysis. Agents differ in attitudes toward risk, productive efficiencies, fighting efficiencies and resources for production ...