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Many of the applications of game theory have been to economics where the individuals under study are assumed to be … sidepayment and no-sidepayment game theory to analyze tradeoffs between money (wealth) and status. In the two parts of this paper …
Persistent link: https://www.econbiz.de/10005739896
In Part I we provide a heuristic discussion of the motivation for the investigation of games of status. Here we confine our remarks to several alternative formulations of games of status and to exploring the relationship between these games and the class of simple games, in part using the...
Persistent link: https://www.econbiz.de/10005623610