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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
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