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...

In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamic, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following conclusions:...

In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamics, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following...

Neuroeconomics focuses on brain imaging studies mapping neural responses to choice behavior. Economic theory is concerned with choice behavior but it is silent on neural activities. We present a game theoretic model in which players are endowed with an additional structure - a simple "nervous...

In this paper it is shown that an extended evolutionary system proposed by Hofbauer and Sigmund (1998) may be transformed into a Kukles system. Then a Dulac-Cherkas function related to the Kukles system is derived, which allows us to determine the number of limit cycles or its non-existence.

n this paper we propose a pluralistic and multi-dimensional ap- proach to cooperation. Specifically, we seek to show that, in certain settings, less unconditional forms of cooperation may be combined with more gratuitous ones. Starting with the prisoner’s dilemma game, the evolution of...

This discourse offers a solution to The Problem of Sustainable Economic Development on islands. This hypothesis offers a foundational, sub-game solution to The Island Survival Game, a counterintuitive, dominant economic development strategy for ‘islands’ (and relatively insular states). This...

This thesis advances game theory by formally analysing the implications of replacing some of its most stringent assumptions with alternatives that –at least in certain contexts– have received greater empirical support. Specifically, this thesis makes two distinct contributions in the field...

The last financial and economic crisis demonstrated the dysfunctional long-term effects of aggressive behaviour in financial markets. Yet, evolutionary game theory predicts that under the condition of strategic dependence a certain degree of aggressive behaviour remains within a given population...

Israel’s policies regarding Lebanon have been dependent on public opinion, which is very volatile. The citizens of Israel did not favor the occupation of the security zone in South Lebanon because of the Four Mothers movement, and it influenced the government to withdraw military forces...