No abstract received.

No abstract received.

We consider situations in which shares of n firms are held by the same n firms as well as by individual investors. The problem is to determine the actual control of the firms by the individual investors. In part 1, we develop the mathematical model, and explain the basic notions of clutter and...

Many decisions in different fields of application have to take into account the joined effects of two elements that can interfere with each other. For example, in Industrial Economics the demand of an asset can be influenced by the supply of another asset, with synergic or antagonistic effects....

A technique is proposed to represent games in characteristic function form as games in normal form, enabling the former to exploit the concepts of solution of the latter. A new solution for games in characteristic function form is then introduced and some properties are found. A generalization...

This is a brief historical note on game theory. We cover its historical roots (prior to its formal definition in 1944), and look at its development until the late 1960’s. Copyright Kluwer Academic Publishers 2004

In the paper a game-theoretical model is set up to describe the conflict situation in which the members of a marketing cooperative may take advantage of an external market price, higher than that offered by the cooperative. Under appropriate conditions on the penalty strategy of the cooperative,...