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Game theory may be used to describe and to analyze corporate elections which are based upon a system of cumulative voting. In these games a strategy is a partition of one's votes among a slate of candidates. A minimax strategy is such a partition which guarantees a voter a certain security level...
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This paper presents a case study in the application of some statistical theory, and a mathematical model, to an actual business problem. The problem was to determine the pattern of mortality of subscriptions to a daily newspaper, and thereby to ascertain the average life of such subscriptions....
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