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The recent economic and financial crisis in the euro area seems to question the theoretical solutions to coordinate economic policies in monetary unions. In this paper, we adress the current system of economic policy coordination within the WAEMU during 1994-2010. Using game theory and...
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The purpose of this paper is to have in a simple and detailed way the significant results in theory of social choice and to study the resource sharing (goods or responsibilities) between petitioning agents in a proof of election. While analyzing social choice functions more in sight, we present...
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We study the impact of induced positive or negative emotions on economic decisions in a negotiation context. Decision was assessed with a well studied social task, the Ultimatum game. In this task, subjects had to make decisions to either accept or reject fair or unfair offers from other...
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sequential bargaining game. This yields to the notion of bargainer's disagreement risk premium as measuring the minimum premium … bargaining in order to be willing to reject the present offer of partition and bear the risk of getting zero with positive …
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