Showing 1 - 10 of 31
We use two theoretical categories of the work of Robert Nozick (1974), (a) protection agencies and (b) minimal state, to illustrate by analogy to the CMSP, the dilemmas arising from the use of private military in regions with civil wars and conflicts irregular. We see that the relations...
Persistent link: https://www.econbiz.de/10011108013
This paper investigates the conventional wisdom that markets would naturally allocate the rights for performing decisional task to those players who might be best suited to perform the task. We embedded the decisional tasks in a stylised setting of a game, motivated by Littlewood(1953) Red Hat...
Persistent link: https://www.econbiz.de/10011108041
In this paper I examine the paradoxical role of language in conflict situations. Support the war and negotiation belong to a game of "speech acts" structured by a double metonymic and metaphorical relationship. That metaphorical relationship between both conceptualizes negotiation as a condensed...
Persistent link: https://www.econbiz.de/10011108067
We define and study periodic strategies in two player finite strategic form games. This concept can arise from some epistemic analysis of the rationalizability concept of Bernheim and Pearce. We analyze in detail the pure strategies and mixed strategies cases. In the pure strategies case, we...
Persistent link: https://www.econbiz.de/10011110562
that attempts to carry out social reforms will be zero or limited in scope; (3) the theory of risk, ensuring that the …
Persistent link: https://www.econbiz.de/10011111390
The theory of games (or game theory) is a mathematical theory that deals with the general features of competitive …
Persistent link: https://www.econbiz.de/10011166059
The paper investigates two different approaches to the analysis of institutions using game theory and discusses their … methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern’s theory, we investigate … how game theory has been applied to the analysis of institutions, these being considered, as in Hayek (1967, 1988a) as the …
Persistent link: https://www.econbiz.de/10011257784
The aim of this paper is to propose a methodology to stabilize the currency markets by adopting Game Theory. Our idea …
Persistent link: https://www.econbiz.de/10011258452
This paper attempts to explore the possibilities of a viable transport network in the long run which can respond to the demand for communication by people of Tripura as well as the demand of Tripura’s projected economy. Since, Tripura is constantly facing the problem of lack of a smooth...
Persistent link: https://www.econbiz.de/10011259372
Has macroeconomic management succeeded in making privatization promote growth in Africa? What are the probable strategies that should accompany the privatization reform process to promote growth in Africa? To what extent has the privatization process succeeded in attracting foreign direct...
Persistent link: https://www.econbiz.de/10011186475