Showing 1 - 10 of 15
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...
Persistent link: https://www.econbiz.de/10010299943
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...
Persistent link: https://www.econbiz.de/10010302703
Background: The article develops an eight-period game between N persons and a pharmaceutical company. The choices of a donor and Nature are parametric. Methods: Persons choose between safe and risky behavior, and whether or not to buy drugs. The pharmaceutical company chooses whether or not to...
Persistent link: https://www.econbiz.de/10014489803
The Taylor (1993) rule for determining interest rates is generalized to account for three additional variables: The money supply, money velocity, and the unemployment rate. Thus, five parameters, i.e. weights assigned to the deviation in the inflation rate, the deviation in real GDP (Gross...
Persistent link: https://www.econbiz.de/10014558406
The article introduces the concept of hegemony to leadership theory, which has developed mainly as a critique of hegemonic stability theory. We argue that it makes sense to combine the two theories by introducing the concept of 'size' into neoliberal thinking about International Political...
Persistent link: https://www.econbiz.de/10010303876
The paper criticizes Axelrod's (1970) measure of conflict, which is basically a measure of the conflict of interest and does not account for the potential for overt conflictful behavior based on how the actors are strategically interpositioned. Differences between the two dimensions of conflict...
Persistent link: https://www.econbiz.de/10010303878
A four-period game is developed between a policy maker, the international community, and the population. This research supplements, through implementing strategic interaction, earlier research analyzing "one player at a time". The first two players distribute funds between preventing and...
Persistent link: https://www.econbiz.de/10011803088
A model is developed for two players exerting media manipulation efforts to support each of two actors who interact controversially. Early evidence may support one actor, while the full evidence emerging later may support the other actor. Exerting effort when the full evidence exceeds (falls...
Persistent link: https://www.econbiz.de/10012227793
In a two-period game, Player 1 produces zero-day exploits for immediate deployment or stockpiles for future deployment. In Period 2, Player 1 produces zero-day exploits for immediate deployment, supplemented by stockpiled zero-day exploits from Period 1. Player 2 defends in both periods. The...
Persistent link: https://www.econbiz.de/10013200062
A game between a representative household and a government was analyzed. The household chose which fractions of two currencies to hold, e.g., a national currency such as a Central Bank Digital Currency (CBDC) and a global currency such as Bitcoin or Facebook's Diem, and chose the tax evasion...
Persistent link: https://www.econbiz.de/10013200096