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This study proposes a logical Petri net model to leverage the modeling advantages of Petri nets in handling batch processing and uncertainty in value passing and to integrate relevant game elements from multi-agent game processes for modeling multi-agent decision problems and resolving...
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As the performance of long-term projects is not observable in the short run politicians may pander to public opinion. To solve this problem, we propose a triple mechanism involving political information markets, reelection threshold contracts, and democratic elections. An information market is...
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A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
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