Showing 1 - 10 of 12
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
As is well‐known,“foot‐binding”,regarded as an inefficient institution owing to its great harm to the women’s body and mind, existed and lasted for a very long period in the history of China. Furthermore, we are faced with the general question: why so many inefficient institutions in...
Persistent link: https://www.econbiz.de/10011258931
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005025710
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005105673
Modern microeconomics and macroeconomics study dynamic phenomena. Dynamics could predict future states of an economy based on its structural characteristics. Economic dynamics are modeled in discrete and continuous time context, mainly via autonomous difference and differential equations. In...
Persistent link: https://www.econbiz.de/10011107562