Summary This paper is a brief history of game theory with its main theme being the nature of the decision makers … developments of what many believe to be progress in game theory. The first stage, classical game theory, is defined by John von … Neumann’s and Oskar Morgenstern’s pioneering book “Game Theory and Economic Behavior” which introduced the concept of …

entrepreneurial action and value created by it. Using the theory of metaphor, we find that entrepreneurial action is of metaphorical … history. The identification of the constituents was based on the theory of pillars and carriers of institutions by W. R. Scott …. The metaphors of appropriateness, utility and wellbeing were proposed for the different periods of the development of …

product lifecycle, pre-launch. Market growth is driven by product's utility increase due to technology evolution, while firms … utility increase and market growth makes the problem inherently dynamic. To find the dependency of utility increase on market … product's utility, we use data collected by a conjoint study. The ability to collect and interpret data about both demand and …

aggregate utility function above in a sophisticated real-business-cycle model to investigate the effect of those preferences for …

of results of social choice theory. There is some (technical) similarity between aggregating individual preferences and …