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We introduce a description of the power structure which is inherent in a strategic game form using the concept of an interaction sheaf. The latter assigns to each open set of outcomes a set of interaction arrays, specifying the changes that coalitions can make if outcome belongs to this open...
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We show that the relation of second order stochastic dominance, which has found widespread use in models of economic behavior under uncertainty, may be described in terms of conditional expectation. If a distribution G second order stochastically dominates another distribution F, then there are...
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An effectivity function assigns to each coalition of individuals in a society a family of subsets of alternatives such that the coalition can force the outcome of society’s choice to be a member of each of the subsets separately. A representation of an effectivity function is a game form with...
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In this paper, the reimbursement of spending on medicin is considered as <p> a problem of insurance, where the loss due to illness of the insured is covered <p> totally or partially by an insurance company (which may be the government). <p> The presence of moral hazard (in the form of the individual...</p></p></p>
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