The present research conducts a formal analysis of the interactive decisions concerning the enterprise of COVID-19 vaccination on the part of governments and citizens. It specifically constructs a noncooperative static game with complete information between the citizen and the government...

The present research conducts a formal analysis of the interactive decisions concerning the enterprise of COVID-19 vaccination on the part of governments and citizens. It specifically constructs a noncooperative static game with complete information between the citizen and the government...

This article proposes a critical analysis of Jean-Baptiste Say?s thought on the economy in general and more specifically, on slavery. The first part deals with his general ideas on the economy, and studies how he defines value, capital and equilibrium of supply and demand on the markets (Say?s...

One problem is standing out above all others in social science: how should humanity govern itself? The problem is so important that all wars of humanity in the past, present, and future, are directly related to this problem. Despite the fact that this problem has attracted interests of some...

Power is absent in many economic studies, though everyone knows that social and economic agents often look to increase their own influence on the behaviour of others. In this paper, a power structure is associated to an economic structure, the power resulting from the influence transmitted and...

Each system owns different resources which need to be prioritized for bringing economic equilibrium in the society. This study identifies equilibrium in economic development and its relationship with social capital. Inter temporal accumulation of social capital of certain quantum takes place...

It is well known that an upper semi-continuous compact- and convex-valued mapping fi from a nonempty compact and convex set X to the Euclidean space of which X is a subset has at least one stationary point, being a point in X at which the image fi(x) has a nonempty intersection with the normal...

We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...

We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...

We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...