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The traditional voting games are special transferable utility cooperative games, so-called simple games, where the players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion or not. In this paper we introduce general weighted...
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The traditional voting games are special transferable utility cooperative games, so-called simple games, where the players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion or not. In this paper we introduce general weighted...
Persistent link: https://www.econbiz.de/10010494447
The most fundamental form of systemic risk in modern financial networks is contagion. In this article we describe a homogeneous banking system (banks with identical preferences and the same size of total assets) with interconnectedness: banks own shares in each others' assets. Using these...
Persistent link: https://www.econbiz.de/10011444397
Game theory is the pocket knife of conflict modelling: it has tools, models for practically all strategic conflicts, be that two- or multiplayer, complete or incomplete information and so on. In this study we have collected relevant tools for young lawyers. Since this is an introductory text we...
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