We examine alliances between asymmetric countries. We find that the results depend on the nature of the equilibrium. If the equilibrium is an interior one then, with an increase in asymmetry, the level of the alliance-wide defense good decreases and the divergence between the first best and the...

We examine alliances between asymmetric countries. We find that the results depend on the nature of the equilibrium. If the equilibrium is an interior one then, with an increase in asymmetry, the level of the alliance-wide defense good decreases and the divergence between the first best and the...

Dieser Beitrag untersucht den Begriff der Initiative in Strategie und operativer Kunst aus spieltheoretischer Perspektive. Wir modellieren dazu den Unterschied zwischen den beiden Wirkmechanismen der Initiative: der Einflussnahme auf gegnerisches Verhalten zum einen und der Beschneidung der...

We study how norms can solve distributional conflict inside a clan and the efficient coordination of collective action in a conflict with an external enemy.We characterize a fully non-cooperative equilibrium in a finite game in which a self-enforcing norm coordinates the members on efficient...

The PRS Annual Policy Review aims to capture the key legislative and policy developments in India during the fiscal year 2013-14. The objective of this document is to summarise all the major developments in one place with links to original documents for the reader interested in any specific...

In the last two decades a new industrial sector has taken shape, coming to comprise aerospace, security and defense as a whole. Indeed, borders that used to separate the three segmentshave gradually blurred. Such a new market reality presents specific features that strongly influence market...

В статье анализируются права и обязанности несовершеннолетних. Рассматривается проблема категории имущественных прав несовершеннолетних в отечественной...