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The equivalence of markets and games concerns the relationship between two sorts of structures that appear … fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with … concave utility functions generate totally balanced games where the players in the game are the participants in the economy …
Persistent link: https://www.econbiz.de/10009328147
Not only the gamescom fair in Cologne and the games convention fair in Leipzig have recently shown that the often … ridiculed games industry (PC, console and mobile gaming) has long since matured into a serious economic sector on a par with the … film industry. Since the days of TV games the gaming sector has been one of the fastest-growing areas of the media business …
Persistent link: https://www.econbiz.de/10005105907
This essay provides an approach to the analysis of the link between Thorstein Veblen's evolutionary approach and evolutionary game theory (EGT). We shed some light on the potential contribution of Veblen's theory of socioeconomic evolution to the discussion on the application of EGT to social...
Persistent link: https://www.econbiz.de/10008839503
noncooperative games with imperfect information . The problem can be summarized as follows : disclosure that is, (less anonymity) may …
Persistent link: https://www.econbiz.de/10005623471
Evaluation's way is set on a paradox. The feed-back of evaluation would imply - according to a wrong way - the evaluation of the examiner. Systemic Analysis could show the promises and the semantic limits of this technical. It seems to be impossible to measure work's human value through the...
Persistent link: https://www.econbiz.de/10005789686
in need of help themselves must be prepared to take the new routes. Assistance systems, e-Health and health games benefit … to brain jogging and exercise games. …
Persistent link: https://www.econbiz.de/10008556303
A game-theoretical model of the investment value formation of the instruments of corporate control (shares or stakes in equity) is formulated and analyzed. It is shown that this value depends significantly on the allocation of equity among the owners, and the on the possibilities of the...
Persistent link: https://www.econbiz.de/10011273252
This article proposes a reading of the armed conflict from an evolutionary design that takes into account the concept of private protection agencies in the works of Schelling / Nozick / Gambetta. Their aim is to assess the dynamics of conflict and changes from its author's scientific output. A...
Persistent link: https://www.econbiz.de/10011258671
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
What happenned after 2007 requires that new kind of instruments are applied in order to face the global financial crisis. Non-coordinated actions undertaken by a single bank group have additionally sharpened the effects of the crisis and have resulted in the must of joint efforts which are...
Persistent link: https://www.econbiz.de/10011259177