In this paper, I seek to establish a framework in which solutions to imperfect recall decision problems can be suitably examined. I introduce a strategy concept which is an extension of the standard concept employed since von Neumann and Morgenstern, and show how it may provide optimal solutions...

In this paper, I study decision theory in the presence of imperfect recall. I use an extension of the standard strategy concept for the analysis of extensive form games in order to examine the range of imperfect recall problems for which there exists an optimal solution. Optimality is assessed...

In January 1, 1998 a new, three-pillar pension system was introduced in Hungary. It will replace about a 1/4 of the existing unfunded public system by a funded private system from 2013. This transition is obligatory for people entering the labor market after June 30, 1998 and optional for...

This study concentrates on the analysis of the characteristics of the ownership and business links existing between the enterprises; the effects of business links and financial discipline on the effectiveness and growth capability of enterprises, as well as the changes which have taken place...

Examples of Western developed economies show a strict correlation between the state of services sector and the level of economic development. Services should be considered as a catalysator in a modern economy. Services play a key role in macroeconomic development, in reducing unemployment, in...

In this paper, I seek to establish a framework in which solutions to imperfect recall decision problems can be suitably examined. I introduce a strategy concept which is an extension of the standard concept employed since von Neumann and Morgenstern, and show how it may provide optimal solutions...

In this paper, I study decision theory in the presence of imperfect recall. I use an extension of the standard strategy concept for the analysis of extensive form games in order to examine the range of imperfect recall problems for which there exists an optimal solution. Optimality is assessed...

This study concentrates on the analysis of the characteristics of the ownership and business links existing between the enterprises; the effects of business links and financial discipline on the effectiveness and growth capability of enterprises, as well as the changes which have taken place...