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This paper investigates two different approaches to the analysis of institutions using game theory and discusses their … methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern's theory, we investigate … method to investigate institutions as the unplanned outcome of self- interested individual behavior? While the game theory …
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Nigeria`s Colleges of Education are presently losing interest in affiliation processes of Universities under which they award Bachelor and other degrees to their teaming students' population. This may not be unconnected with the excesses of these institutions in sharing proceeds from the fees...
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The Swedish health care system is to a large extent publicly managed by 21 local county councils. During recent years there has been a movement were local county councils have opted to allow more of the production to be performed by alternative producers (i.e. private firms, cooperatives etc.)....
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