The 2×2 game is the simplest non-trivial model of strategic interaction: there are two players, each has two strategies, and each has a strict preference ranking over the four possible outcomes. For models of play that depend only on the ranking of the outcomes, the catalog of 2×2 games...

We study a model in which two players with opposing interests try to alter a status quo through instability-generating actions. We show that instability can be used to secure longer-term durable changes, even if it is costly to generate and does not generate short-term gains. In equilibrium,...

Inflation is a persistent challenge that affects economies globally. The battle against inflation is crucial for maintaining economic stability and promoting growth. This study aims to examine the strategies employed by the United States to overcome inflation and maintain economic stability. The...

Im Rahmen der Konzertierten Aktion zur Abfederung der Folgen der Energiepreiskrise hat die Bundesregierung 2022 den Unternehmen die Möglichkeit eingeräumt, ihren Beschäftigten bis Ende 2024 jeweils bis zu 3.000 Euro steuer- und abgabenfrei auszuzahlen. Mit dieser Maßnahme sollten die...

Theoretical analysis, empirical development and case studies show that room to manoeuvre stabilising macroeconomic policies during the COVID-19 crisis in the years 2020 and 2021 were fundamentally different in the Global South and Global North. The latter used extensive discretionary fiscal and...