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Frontmatter -- CONTENTS -- Permissions -- Foreword -- Contributor -- An Appreciation -- Contributor -- 1. Equilibrium Points in n-Person Games. PNAS 36 (1950) 48-49. -- 2. The Bargaining Problem. Econometrica 18 (1950) 155-162. -- 3. Non-Cooperative Games. Annals of Mathematics 54 (1951)...
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A link between a no-side-payment (NSP) market game and a side-payment (SP) market game can be established by introducing a sufficient amount of an ideal utility-money of constant marginal utility to all agents. At some point when there is "enough money" in the system, if it is "well distributed"...
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A model that includes the cost of producing money is presented and the nature of the inefficient equilibria in the model are examined. It is suggested that if one acknowledges that transactions are a form of production, which requires the consumption resources, then the concept of Pareto...
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In this paper we approach the concept of logrolling by examining a voting system where choices are made among sets of competing projects as a game in characteristic function form. We translate the question: "Will there be prices for votes on different projects which clear the market?" into a...
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