Different types of cooperative agreements between smallholders continue to play an important role in rural areas in developing countries. While some empirical studies examine the conditions catalysing the successful formation of cooperatives, quantifications of the net benefits, i.e., difference...

The identification of key players in a terrorist organization aids in preventing attacks, the efficient allocation of surveillance measures, and the destabilization of the corresponding network. In this paper, we introduce a game theoretic approach to identify key players in terrorist networks....

Nowadays many employers offer their employees the possibility of an insurance against too large losses in income when retiring or becoming disabled. This paper models the optimization problem of the employer when setting up such a so-called pension fund. Not surprisingly, it turns out that the...