In human behavioral analysis, it is desired to accurately define basic quantities related to the decision-making process. In game theoretic models, essential such quantities are the utilities representing and quantifying behavioral preferences. Commonly, in order to estimate these quantities...

Europe is playing a numbers game - the mastery of data and information. What can be done to improve the chances of winning? And why is effective communication over the refugee crisis - to EU citizens as well as migrants - so vital?

The paper shows that international migration may improve the position of both policymakers and unions in small open economies irrespective of whether they cooperate or not. This result implies that both unions and policymakers in small open economies may welcome a further increase in...