Similar Search Results

Parliamentary coalitions, an n-person game approach to politics

Fountas, Ioannis E.; Kampisioulis, Panagiotis K.; … - In: SPOUDAI - Journal of Economics and Business 62 (2012) 3/4, pp. 16-29

In this paper, we present the general contribution of n-person game in turbulent environment of parliamentary coalitions. Same basic data about the coalition form and the characteristic function is necessary in order to connect n-person game theory and behavioral game theory. Taking the Norway...

Persistent link: https://www.econbiz.de/10010343122

Can courts make federalism work? A game theory approach to court-induced compliance and defection in federal systems

Sala, Gemma - In: Economies 2 (2014) 4, pp. 193-217

Few studies on federalism analyze the role of courts as safeguards of the federal arrangement, and those that do tend to be too optimistic about what courts can do. This article analyzes the effect of judicial review on the interaction between the central and a regional government in a...

Persistent link: https://www.econbiz.de/10011708698

Plato as a game theorist towards an international trade policy

Halkos, George E.; Kyriazis, Nicholas C.; Economou, … - In: Journal of Risk and Financial Management 14 (2021) 3, pp. 1-15

In the beginning of the second book of his Politeia (Republic) Plato in passage 2.358e-359a-c raises the issue of the administration of justice as a means of motivating people to behave fairly regarding their relationships and when cooperating with each other because, at the end, this is...

Persistent link: https://www.econbiz.de/10012611672

Competition dynamics in Nigerian aviation industry: A game theoretic approach

Shobande, Olatunji Abdul; Akinbomi, Mobolaji Daniel - In: Future Business Journal 6 (2020) 1, pp. 1-8

Background: This paper develops a game theoretic model that analyses the dynamics of competition among the leading domestic aviation firms in the Nigerian aviation industry. It probes the abilities of the prisoner dilemma to describe the subjective behaviour of the firms, which provide a...

Persistent link: https://www.econbiz.de/10012664324

Valoración de estrategias competitivas, acuerdos colaborativos y penalizaciones con Opciones Reales Multinomiales y Teoría de Juegos

Silverio Milanesi, Gastón - In: Revista de Métodos Cuantitativos para la Economía y … 35 (2023), pp. 360-388

In competitive environments, the design and election of strategies demand considered three potential sources of uncertainty: risks derived from self-actions, risks emerged from states of nature and risks derived from competitor' decisions. The Real Options Theory analyses the first two risks,...

Persistent link: https://www.econbiz.de/10015372233

A generalized entropy approach to portfolio selection under a hidden markov model

MacLean, Leonard C.; Yu, Lijun; Zhao, Yonggan - In: Journal of Risk and Financial Management 15 (2022) 8, pp. 1-25

This paper develops a dynamic portfolio selection model incorporating economic uncertainty for business cycles. It is assumed that the financial market at each point in time is defined by a hidden Markov model, which is characterized by the overall equity market returns and volatility. The risk...

Persistent link: https://www.econbiz.de/10014332538

Dinámica de inversión y competencia en generación eléctrica en un escenario de liberalización en el Perú: La importancia de los contratos de largo plazo

Rivasplata Ramírez, Arnold Rúben; García Carpio, … - In: Revista de Métodos Cuantitativos para la Economía y … 28 (2019), pp. 224-242

We analyze the behavior of electricity generation groups that make investment and production decisions in a liberalized market scenario by introducing long-term contracts, in a context where there is a high level of market concentration. In this way, a dynamic deterministic model of imperfect...

Persistent link: https://www.econbiz.de/10014494507

Monetary Instability, Lack of Integration, and the Curse of a Commodity Money Standard. The German Lands, c.1400–1900 A. D.

Rössner, Philipp Robinson - In: Credit and Capital Markets – Kredit und Kapital 47 (2014) 2, pp. 297-340

Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies … sustained; between 1400 and 1900 A. D. the (south) German penny currencies lost close to 90 per cent of their intrinsic value … debate, using long-run data on the circulating small change currencies in the German lands, c.1400–1900. After an …

Persistent link: https://www.econbiz.de/10014521702

CESifo World Economic Survey August 2009

Nerb, Gernot; Stangl, Anna - In: CESifo World Economic Survey 08 (2009) 3, pp. 1-23

- Currencies: Euro appears overvalued - Special topic: Corruption and the financial crisis …

Persistent link: https://www.econbiz.de/10011732856

CESifo World Economic Survey November 2009

Nerb, Gernot; Stangl, Anna - In: CESifo World Economic Survey 08 (2009) 4, pp. 1-23

- Currencies: Euro appears increasingly overvalued - Special topic: Low-carbon economy …

Persistent link: https://www.econbiz.de/10011732857