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The traditional voting games are special transferable utility cooperative games, so-called simple games, where the players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion or not. In this paper we introduce general weighted...
Persistent link: https://www.econbiz.de/10008668694
context. We investigate the impact of social preferences in a tournament using data from a laboratory experiment with two … treatments. In a conentional tournament, an agent receives either the full prize or no prize at all. The other tournament … chooses between a fair and an unfair contract. Standard economic theory predicts the same effort provision in all situations …
Persistent link: https://www.econbiz.de/10008462977
A szőlő-bor vertikum termelési oldalán jelentős koncentrációs folyamatok kez¬dődtek. A koncentráció egyik motorja a befektetők, akik az 1980-as évektől jelentek meg nagy számban az ágazatban. Stratégiájukat alapvetően az alapanyaghoz való hozzáférés, a terjeszkedési...
Persistent link: https://www.econbiz.de/10009446951
If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital …
Persistent link: https://www.econbiz.de/10003935473
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The traditional voting games are special transferable utility cooperative games, so-called simple games, where the players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion or not. In this paper we introduce general weighted...
Persistent link: https://www.econbiz.de/10010494447
The most fundamental form of systemic risk in modern financial networks is contagion. In this article we describe a homogeneous banking system (banks with identical preferences and the same size of total assets) with interconnectedness: banks own shares in each others' assets. Using these...
Persistent link: https://www.econbiz.de/10011444397
Game theory is the pocket knife of conflict modelling: it has tools, models for practically all strategic conflicts, be …
Persistent link: https://www.econbiz.de/10012290288