The security of both technical and trade credit factors becomes a serious bottleneck that affects the current development of e-business. Honest behavior is one of the important aspects of trade credit safety. It is a vital step to establish and maintain a safe credit system. In this paper, we...

In this paper we consider a number of different ways that a sequence of discrete-time repeated games can approach a continuous-time limit. Our purpose is to clarify the effects of three different factors: 1) The distribution of signals in a fixed discrete-time game, 2) How the distribution (and...

The probability that actors in economic relationships break rules increases with the profits they thus expect to earn. It decreases with the probability and level of short- and long-term losses resulting from disclosure. It also decreases with the level of social context factors and intrinsic...

In a game between two exporting countries, both countries may be better off if they both delegate to policymakers who maximise tax revenue rather than welfare. However, both countries delegating to policymakers who maximise revenue is not necessarily a Nash equilibrium. The game may be a...

My beginning as a legally recognized individual occurred on June 13, 1928 in Bluefield, West Virginia, in the Bluefield Sanitarium, a hospital that no longer exists. Of course I can't consciously remember anything from the first two or three years of my life after birth. (And, also, one...

I was born in Breslau on October 5th, 1930. At that time, Breslau, now called Wroclaw, belonged to Germany and only German was spoken there. After the second world war Breslau became Polish and the original German population was almost completely replaced by a Polish one. I have never visited...

Prize Seminar, December 8, 1994.

Prize Lecture to the memory of Alfred Nobel, December 9, 1994.

Interview with Dr. John Nash at the 1st Meeting of Laureates in Economic Sciences in Lindau, Germany, September 1-4, 2004. Interviewer is freelance journalist Marika Griehsel.

Prize Lecture to the memory of Alfred Nobel, December 9, 1994.