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Persistent link: https://www.econbiz.de/10011458172
Civil wars are intricate social, political and psychological phenomena. However, economics can offer analytical insights which are useful alongside the more conventional approach of case-studies. Indeed, the policy conclusions drawn from economic analysis sometimes cast doubt on conventional...
Persistent link: https://www.econbiz.de/10014024406
Theoretical models of mate choice and sexual selection typically make one of two simplifying assumptions. Either mate-preferences are assumed to be uniform (e.g., all females have the same preferences with respect to males), or mate-choice is assumed to be a one-sided affair (e.g., females do...
Persistent link: https://www.econbiz.de/10009460793
Cooperative game theory instruments application to the corporate finance M&A research issues provide an ability to extend the field considered and conclusions obtained. The paper presents the M&A cooperative games modeling and its empiri-cal implementation to analyze the airline strategic...
Persistent link: https://www.econbiz.de/10011274695
In a game with positive externalities, such as e.g. the standard environmental externality game used in the analysis of international environmental agreements, the solutions having the property of coalitional internal stability, when they exist, are compared in this paper with the solutions with...
Persistent link: https://www.econbiz.de/10011246306
coalitions that treat their members preferentially and discriminate other players. If the players in these systems focus on the … formation of discriminating coalitions, the system converges towards oscillating between discriminatory balances. But there is a … discriminating coalitions. In systems of the given type this can be considered as the objective foundation of rationally justified …
Persistent link: https://www.econbiz.de/10010680339
Riker's `size principle' predicts that only minimal winning coalitions (MWCs) will form in n-person zero-sum games that … manifestations of the inverse relationship between weight and bargaining power in parliamentary coalitions and international politics …
Persistent link: https://www.econbiz.de/10010777910
Cooperative game theory instruments application to the corporate finance M&A research issues provide an ability to extend the field considered and conclusions obtained. The paper presents the M&A cooperative games modeling and its empiri-cal implementation to analyze the airline strategic...
Persistent link: https://www.econbiz.de/10011123192
Lloyd Shapley is considered one of the pioneers of game theory. His most prominent contributions are the inception and study of value theory and core theory. These two theories are the key to solving problems involving the allocation of goods or payoffs achievable through cooperation....
Persistent link: https://www.econbiz.de/10011141073
A simple two-stage game-theoretic model of conflict is analysed, where the government can send raiders for terrorising the population to flee before the fighting proper begins. The resulting displacement of population reduces the efficiency of the guerrilla in the fight against the government....
Persistent link: https://www.econbiz.de/10010279330