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Government-sponsored microfinance program: Joint liability vs. individual liability

Mukherjee, Arghya Kusum; Kundu, Amit - In: Cogent Economics & Finance 2 (2014) 1, pp. 1-14

Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four … features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new … model of SGSY having these features: group lending with individual liability, progressive lending, back-ended subsidy, and …

Persistent link: https://www.econbiz.de/10011559127

Chapter 56 Values of games with infinitely many players

Neyman, Abraham - In: Handbook of game theory with economic applications : …, (pp. 2121-2167). 2002

This chapter studies the theory of value of games with infinitely many players.Games with infinitely many players are models of interactions with many players. Often most of the players are individually insignificant, and are effective in the game only via coalitions. At the same time there may...

Persistent link: https://www.econbiz.de/10014024489

Cooperative strategic games

Kohlberg, Elon; Neyman, Abraham - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 3, pp. 825-851

The value is a solution concept for n-person strategic games, developed by Nash, Shapley, and Harsanyi. The value of a game is an a priori evaluation of the economic worth of the position of each player, reflecting the players' strategic possibilities, including their ability to make threats...

Persistent link: https://www.econbiz.de/10012806287

Mitigating supply disruption with a backup supplier under uncertain demand : competition vs. cooperation

Chakraborty, Tulika; Chauhan, Satyaveer S.; Ouhimmou, … - In: International journal of production research 58 (2020) 12, pp. 3618-3649

Persistent link: https://www.econbiz.de/10012265955

Non-cooperative versus cooperative family

Mizushima, Atsue; Futagami, Koichi - In: Journal of economics 114 (2015) 1, pp. 43-62

Persistent link: https://www.econbiz.de/10010470391

Partial cooperation in strategic multi-sided decision situations

Chakrabarti, Subhadip; Gilles, Robert Paul; Lazarova, … - In: Theory and decision : an international journal for … 85 (2018) 3/4, pp. 455-478

Persistent link: https://www.econbiz.de/10011942557

The Nash equilibrium in the policy mix model for Czechia, Hungary, and Romania

Stawska, Joanna; Malaczewski, Maciej; Malaczewska, Paulina - In: Cogent economics & finance 9 (2021) 1, pp. 1-14

The aim of the paper is to compare the sensitivity of a government's fiscal policy and a central bank's monetary policy, which are in Nash equilibrium in the case of a non-cooperative game between the government and the central bank in Czechia, Hungary, and Romania. The analysis for each country...

Persistent link: https://www.econbiz.de/10013183737

Game theoretic foundations of the gately power measure for directed networks

Gilles, Robert Paul; Mallozzi, Lina - In: Games 14 (2023) 5, pp. 1-19

We introduce a new network centrality measure founded on the Gately value for cooperative games with transferable utilities. A directed network is interpreted as representing control or authority relations between players-constituting a hierarchical network. The power distribution embedded...

Persistent link: https://www.econbiz.de/10014426676

Conditional cooperation and the marginal per capita return in public good games

Cartwright, Edward; Lovett, Denise - In: Games 5 (2014) 4, pp. 234-256

We investigate experimentally whether the extent of conditional cooperation in public good games depends on the marginal per capita return (MPCR) to the public good and type of game. The MPCR is varied from 0.2 to 0.4 to 0.8. The "standard" game, in which three players contribute before a...

Persistent link: https://www.econbiz.de/10010503532

An experiment on cooperation in a CPR game with a disapproval option

Yao, Koffi Serge William - In: Games 12 (2021) 4, pp. 1-14

This paper studies the standard version of the approval mechanism with two players in a common pool resource (CPR) extraction game. In the case of disapproval, the Nash extraction level is implemented. The paper investigates, experimentally, the extent to which the Nash threat leads to...

Persistent link: https://www.econbiz.de/10012650460

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