The aim of this paper is to present a proposal regarding the possible stabilization of the rapid variations on the value of government bonds issued by the States, using the ``Game Theory". In particular, we focus our attention on three players: a large bank that has immediate access to the...

This article uses evolutionary game theory to reveal the interpersonal and geographic characteristics of a society that make it vulnerable to a conquest from within by terrorist organizations and genocide architects. Under conditions identified in the space-less version of the model,...

Bargaining in agriculture is collective because an agent represents multiple principals, the farmers, in contrast to an agent who negotiates on behalf of a single or corporate entity. Collective bargaining adds the complication of securing commitments from several individuals, each possibly...

In recent years, game theory is more often applied to analyse several sustainable development issues such as climate change and biological diversity, but the explanations generally remain within a non-cooperative setting. In this paper, after reviewing important studies in this field, I will...

The National Agricultural Products Quality Management Service (NAQS) of Korea initiated enforcing the food traceability system since 1994. However, the effectiveness of NAQS’ enforcement has been in dispute. To provide a framework for valid assessment of NAQS’ enforcement...

In order to find out reasons for local government illegally occupying cultivated land and reduce such acts to ensure China’s grain security, this paper made an analysis through building the single person game model for local government’s legal or illegal occupation of cultivation...

For a profit allocation game, one key issue is to find a fair allocation of profit among its players. In this paper, a proportional egalitarian core solution is proposed, which defines in the core of a game an allocation that takes account of each player's contribution to the grand coalition....

This paper reviews game theoretic approaches to develop the formation of international environmental agreements in general and climate agreements in particular. We confront cooperative and non-cooperative approaches paying special attention to heterogeneous players and transfers. Recent...

Purpose – The purpose of this article is to assess strategies available to recipient states for managing the putative risks posed by sovereign wealth funds (SWFs) in the context of global, liberalized, and capital markets. Design/methodology/approach – The paper employs a game theory...

Purpose – The purpose of this paper is to summarize ways in which game theory has been or could be utilized within the humanitarian sector and to identify future research opportunities in this field. Game theory is a tool for modeling systems in which multiple decision makers act according to...