We introduce political tournaments “participation/inclusion” games. Dominant strategies determine whether players choose to compete by enhancing economic performance. Unique Nash equilibria competitors win (only) inclusion as promotion candidates. We find empirical justification for such...

Tournament competitiveness and predictability of outcomes are inversely related. We introduce a new measure of competitiveness or predictability using discrepancies between tennis players' seed values and attained ranks in all rounds of the four Grand Slam Tennis Tournaments (GST). Using data...

Volatility models of the market portfolio's return are central to financial risk management. Within an equilibrium framework, we introduce an implementation method and study two families of such models. One is deterministic volatility, represented by current popular models. Another is in the...

This Article argues that the result in The Commissioner of Competition v. Visa Canada Corporation and MasterCard International Incorporated revealed a gap in the Competition Act's price maintenance provision with respect to the meaning of a service and that of the resale of a service. It...