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Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...
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This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical … theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise … level. It includes chapters on repeated games, social choice theory, and selected topics such as bargaining theory, exchange …
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