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The role of game theory in economics
Shubik, Martin - In: Kyklos : international review for social sciences 6 (1953) 1, pp. 21-34
Persistent link: https://www.econbiz.de/10002826296
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Prospect Theory and Coercive Bargaining
Butler, Christopher K. - In: Journal of Conflict Resolution 51 (2007) 2, pp. 227-250
Despite many applications of prospect theory's concepts to explain political and strategic phenomena, formal analyses … of strategic problems using prospect theory are rare. Using Fearon's model of bargaining, Tversky and Kahneman's value … expected value and prospect theory when applied to strategic interaction. Critically important to this demonstration is an …
Persistent link: https://www.econbiz.de/10010802270
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The Domestic Sources of Donor Credibility
Eng, Man Yan; Urpelainen, Johannes - In: Journal of Conflict Resolution 59 (2015) 2, pp. 283-309
Donors often condition foreign aid to recipients on policy adjustments. How do domestic interest groups influence a donor’s ability to credibly commit to implementing threats and promises? In our model, domestic interest groups in the donor country can mobilize to support the...
Persistent link: https://www.econbiz.de/10011161093
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The Theory of Money and Financial Institutions: Volume 2
Shubik, Martin - The MIT Press
dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …
Persistent link: https://www.econbiz.de/10005233383
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The Theory of Money and Financial Institutions: Volume 1
Shubik, Martin - The MIT Press
dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …
Persistent link: https://www.econbiz.de/10005237360