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This essay reports on seventeen experiments that test the validity of the Core as a solution to n-person cooperative games in a nontransferable utility context. Money is used to induce preferences, but subjects are not permitted to negotiate about nor transfer money amongst themselves. Instead,...
Persistent link: https://www.econbiz.de/10010802058
Lessons for Citizens of a New Democracy provides an authoritative analysis of the foundations of democracy, with relation to the demise of communist ideology. This significant contribution by a leading expert details the tentative process towards democracy in the successor states of the former...
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Attempts at incorporating the assumption that national leaders pursue clearly defined objectives, and at applying the theory of cooperative games to the analysis of international systems, have led to little success in formalizing the concept of balance of power, and in providing a theoretical...
Persistent link: https://www.econbiz.de/10010812802
Preventive wars are commonly defined as wars initiated by a major power to preempt an anticipated disadvantageous position in terms of resources or military capabilities owing to the differential growth rates of countries. This essay extends a game-theoretic model of the balance of power to...
Persistent link: https://www.econbiz.de/10010812986
Over 25 hundred years ago the Chinese scholar Sun Tzu, in The Art of War, attempted to codify the general strategic character of conflict and, in the process, offer practical advice about how to win military conflicts. His advice is credited with having greatly influenced both Japanese military...
Persistent link: https://www.econbiz.de/10010795922
Is the rational-choice paradigm more than a mere tautology when applied to the study of voting or can it generate refutable propositions that cannot be deduced or inferred from other approaches? This is the question we address empirically in the context of three-candidate presidential elections....
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