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A game-theoretical model of the investment value formation of the instruments of corporate control (shares or stakes in equity) is formulated and analyzed. It is shown that this value depends significantly on the allocation of equity among the owners, and the on the possibilities of the...
Persistent link: https://www.econbiz.de/10011273252
A modified approach to the fuzzification of coalitional games with transferable utility is suggested and its basic properties are derived and discussed. The approach belongs to those which fuzzify the expected pay-offs of coalitions, and it is closely related to the method investigated in [7]....
Persistent link: https://www.econbiz.de/10008528859
and hunters were part of a discourse coalition that advocated killing cougars to solve problems, blamed cougars and those …, and some elected officials were of a coalition that defined “the problem” primarily in terms of people’s behaviors …
Persistent link: https://www.econbiz.de/10010988478
countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset of the … parameter space the grand coalition may be stable as well, even if the total number of countries is large. The small stable … coalition is not very effective in mitigating the inefficiency of the non-cooperative Nash equilibrium. The ineffectiveness is …
Persistent link: https://www.econbiz.de/10010850532
of admission of different players, the equilibrium coalition structure, and the equilibrium length of the admission game …
Persistent link: https://www.econbiz.de/10010858738
converges towards discriminatory balances, which are unstable. b) Which discriminating coalition will form can be decided by … of the cross-coalition type, the sensitivity of the negotiations process to imperfections of the negotiations process and …
Persistent link: https://www.econbiz.de/10010860152
The contribution resumes the article called Nash Equilibrium in Redistribution Systems (Calculation, significance, use), published in the magazine ACTA 1/2008. It is based on some general methodological questions of theory development that use mathematical apparatus, where finding an appropriate...
Persistent link: https://www.econbiz.de/10010860164
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