This paper interprets the "buying craze" among American tycoons between 1870 and the Second World War concerning mainly Renaissance art, particularly paintings, thereby concentrating on the process of this transfer rather than on the art works and the resulting collections. It analyzes the role...

1. Introduction -- An Introduction to the Analysis of Power, Voting, and Voting Power -- 2. The Idea of Power -- Power in Game Forms -- A Philosophical View of Power -- Power and Profit in Hierarchical Organizations -- Equivalent Concepts of Power in Voting Games -- Attribution and Social Power...

This paper analyzes mediation as a signal. Starting from a stylized case, a game theoretical model of one-sided incomplete information, taken from Cho and Kreps (1987), is applied to discuss strategic effects of mediation. It turns out that to reject mediation can be interpreted as a "negative...

With the challenges the world faces in the field of environmental policy, the research on complex interdependencies in world politics and transnational policy-making has been intensified. Several institutions came into existence in response to the increasing concerns about global climate change....

Modern economics is considered a theory of choice. This presupposes that the objectives (preferences on the alternatives) are given, well ordered, and finite. Desires do not always satisfy these requirements and therefore cannot be handled in this framework without some “editing.” In this...

In this paper, Sen’s Liberal Paradox is used to discuss differences between desires and preferences and the relationship between these two concepts. Desires and preferences can mix in real life and in theorizing. In fact, it seems that the mixing of desires and preferences can explain many of...

This paper applies for the first time power index analysis to the famous Krackhardt’s kite social network by imposing a weighted voting game on the given network structure. It compares the results of this analysis, derived by applying the Public Good Index and the Public Value, with the...

Framing effects and bounded rationality imply that election campaigns may be an important determinant of election outcomes. This paper uses a two-party setting and simple game theoretic models to analyse the strategic interaction between the parties' campaign decisions. Alternations of power...

We present an analysis of the distribution of voting power in the Reichstag of the Weimar Republic based on the outcome of the nine general elections in the period 1919-1933. The paper contains a brief description of the political and electoral system of the Weimar Republic and a...