"Ethics" was once considered irrelevant by corporate loyalists, but now discussion of it is increasingly seen as not only important but also as critical to a company’s success. The paper is a theoretical review. The purpose and objective of the paper is to explore and understand the meaning of...

This paper investigates two different approaches to the analysis of institutions using game theory and discusses their methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern's theory, we investigate, how Schotter and Schelling's approaches to...

This paper presents a model of political competition to explore the effect that the ideological distance between two political parties has over the provision of public goods. The main result argues that the ideological distance between parties and citizens has a negative relationship with the...