Verlagstext: Die Spieltheorie befasst sich mit dem strategischen Handeln von Personen, Firmen, Staaten oder anderen Akteuren. Das Buch behandelt die grundlegenden Konzepte anhand von Beispielen aus Politik, Soziologie und Ökonomie. Dabei kommen nicht nur Theorien und Modelle zur Sprache,...

The scientific debate of recent years about option pricing with respect to fractional Brownian motion was focused on the feasibility of the no arbitrage pricing approach. As the unrestricted fractional market setting allows for arbitrage, the conventional reasoning is that fractional Brownian...

Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...