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Computation of the Nucleolus for a Class of Disjunctive Games with a Permission Structure

Brink, René van den; Katsev, Ilya; Laan, Gerard van der - Tinbergen Instituut - 2008

This discussion paper resulted in a publication in the 'International Journal of Game Theory', 2011, 40, 591-616.<P> A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A...</p>

Persistent link: https://www.econbiz.de/10011256279

A Bankruptcy Approach to the Core Cover

Estévez-Fernández, Arantza; Fiestras-Janeiro, María … - Tinbergen Instituut - 2012

stable allocations capturedby an associated bankruptcy game. Moreover, we analyze the combinatorial complexity ofthe core …

Persistent link: https://www.econbiz.de/10011256360

An Algorithm for Computing the Nucleolus of Disjunctive Additive Games with An Acyclic Permission Structure

Brink, René van den; Katsev, Ilya; Laan, Gerard van der - Tinbergen Instituut - 2008

A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...

Persistent link: https://www.econbiz.de/10011257037

Nonlinear and Complex Dynamics in Economics

Barnett, William A.; Serletis, Apostolos; Serletis, Demitre - Volkswirtschaftliche Fakultät, … - 2012

dynamical complexity, characterizing chaos and near chaos, as commonly found in the physical sciences. The paper also surveys … applications in economics and �finance. This survey does not include bifurcation analyses at lower levels of dynamical complexity … complexity, chaos, and other related concepts precise, having in mind their (actual or potential) applications to economically …

Persistent link: https://www.econbiz.de/10011257846

Golden Rule of Forecasting: Be conservative

Armstrong, J. Scott; Green, Kesten C.; Graefe, Andreas - Volkswirtschaftliche Fakultät, … - 2014

This paper proposes a unifying theory of forecasting in the form of a Golden Rule of Forecasting. The Golden Rule is to be conservative. A conservative forecast is consistent with cumulative knowledge about the present and the past. To be conservative, forecasters must seek all knowledge...

Persistent link: https://www.econbiz.de/10011257908

Foundations of the economic and social history of the United States: Metaphysical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

"Oppositional Analysis" - the name I give to the metaphysics presented in this volume - proposes a number of dichotomies through which one may analyze and understand systematically the structure of every level of reality. Macroeconomic theory, as well as social research, are two excellent stages...

Persistent link: https://www.econbiz.de/10011258411

The dynamics of market share’s growth and competition in quadratic mappings

Dominique, C-Rene; Rivera-Solis, Luis Eduardo - Volkswirtschaftliche Fakultät, … - 2012

This paper shows that the observed output of any market, placed within the confine of a quadratic map, can characterize the state of that market. Such an approach explains the process of market share’s growth and its pitfalls, the consequences of broken symmetry of scaling, as well as the...

Persistent link: https://www.econbiz.de/10011258528

Foundations of the economic and social history of the United States: Apologia

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

This set of three volumes argues that the mind – human consciousness – may be measured by considering mathematically the aggregate of that consciousness, i.e. social history. From this beginning theme of discussion three questions must arise. 1. How might this measurement be made? 2. Of what...

Persistent link: https://www.econbiz.de/10011259509

Foundations of the economic and social history of the United States: Empirical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46);...

Persistent link: https://www.econbiz.de/10011259667

Foundations of the economic and social history of the United States: Theoretical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

In sum, in these essays I explore the self-similarity between levels, the fractal structure of reality, through an investigation of an inherent and unavoidable uncertainty which is unique to each level. These essays will demonstrate that as each level struggles to resolve its own inherent...

Persistent link: https://www.econbiz.de/10011260442