A basic characteristic of most opinion models is that people tend to agree or compromise in the opinion interaction, which could be hopefully described by cooperative games in the evolutionary game theory framework. This paper presents game theory methods to model the formation of binary...

This paper is a brief history of game theory with its main theme being the nature of the decision makers assumed in the various stages of its historical development. It demonstrates that changes in the "image of man" nourished the developments of what many believe to be progress in game theory....

Based on Game Theory and Multi-objective optimization problems (MOP), Game Optimization Theory (GOT) is discussed in this paper. Optimization Stability Analysis (OSA), Distance Entropy Multi-Objective Particle Swarm Optimization (DEMPSO) and Fuzzy Multi-weights Decision-making Method (FMW) are...

We extend and refine the welfare game developed by Coate et al. (2002) in two directions. First, by allowing the client and auditor to choose their strategies sequentially, we show that the most efficient equilibrium is that the client moves first to honestly report earnings, which is followed...

Given the recent proliferation of the use of alliances as a key business strategy, the nature and extent of alliance formation must now be considered a significant element of any analysis of firm behaviour. This article contributes to this analysis by examining the relationship between a firm's...

We study why foreign private national debt is higher in some countries than others by examining its effect on the governance environment in emerging markets. We also questioned whether countries which have ratified bilateral investment treaties have higher debt as a source of external financing...

This paper considers a supply chain consisting of one make-to-order (MTO) manufacturer and one retailer in a price and lead-time sensitive market. We develop a manufacturer-Stackelberg (MS) model with exogenous lead-time standard and a MS model with endogenous lead-time standard. We find that...

Revenue management for transportation infrastructure projects is challenging due to the huge amount of capital involved and the deep uncertainty inherent in long service lifetimes. Public-private partnerships (PPPs) provide a way for the public sector to acquire financial resources and transfer...

An inefficient generation and distribution infrastructure is a serious problem for the national power system of Ukraine. This situation makes it necessary to propose a radical new approach for developing a strategy to meet the demand for dispatchable power generation. Proposed options include:...