The paper has a twofold aim. On the one hand, it provides what appears to be the first game-theoretic modeling of Napoleon’s last campaign, which ended dramatically on 18 June 1815 at Waterloo. It is specifically concerned with the decision Napoleon made on 17 June 1815 to detach part of his...

According to a theorem recently proved in the theory of logical aggregation, any nonconstant social judgment function that satisfies independence of irrelevant alternatives (IIA) is dictatorial. The author shows that the strong and not very plausible IIA condition can be replaced with a minimal...

In today's managerial world (corporate governance, shareholders' wealth maximization, agency theory) how are CEOs paid in the 700 layest French firms ? What are the various components of total compensation: fixed camp, bonus fringes, stock options ? What parties influence the mix and amounts :...

After a brief description of positive accounting and its specific characteristics, different aspects of the controversies related to the work of Watts and Zimmerman are reviewed and classified. Then, we examine the social parameters which resulted in the birth, development and growth of this...

The paper suggests that military history should be subjected to modelling based on the mathematical theories of rational choice, and especially the theory of games. This suggestion primarily concerns military events that have already been reported in narratives focusing on the agents'...

The occupational stress is one of the major problems of the western industrial societies. The cost of stress amounts to 200 billions $, in other words 10 times the cost of the annual strikes or the global amount of the 500 companies profits listed by Fortune Magazine. The current research is the...

The objective of this paper is to introduce a divisive (descendant) clustering method which splits the sample into homogeneous sub-groups corresponding to disclosure patterns (or profiles), for clearer determination of the financial characteristics of each group. This methodology is illustrated...

In this article, a framework is presented based on the view that organizations consist of political actors who act in accordance with their own perceptions of rationality, not in accordance with the principles of rational decision-making theory. ALSA-Actors' Logic Systems Analysis is focused on...

A technology with increasing marginal costs produces indivisible units of service. Each agent wants at most one unit of service. We compare two natural mechanisms where users have free access to the technology. In one mechanism, Average Cost, each user pays the same average cost, in the other,...

This paper considers the impact of privatization on corporate entrepreneurship. The proposed model illustrates how a firm's capacity to implement internal changes is influenced by three factors: credibility of the privatization process, speed of the process, and the new regulatory environment....