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In this article, we generalize the position value, defined by Meessen (1988) for the class of deterministic communication situations, to the class of generalized probabilistic communication situations (G´omez et al. (2008)). We provide two characterizations of this new allocation rule....
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In this note we review some known minimax theorems with applications in game theory and show that these results form an equivalent chain which includes the strong separation result in finite dimensional spaces between two disjoint closed convex sets of which one is compact. By simplifying the...
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This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg's theory on price leadership has been taken up by Seitz in his dissertation of 1965. The author summarizes the debate in Germany in the beginning of the sixties on oligopoly theory between Krelle, Ott,...
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The paper addresses the issue of linguistic diversity and its impact on economic policy and political decisions. Importance of the topic is illustrated by examination of optimal sets of official languages in the European Union. It is shown that alternative estimation methods of language...
Persistent link: https://www.econbiz.de/10008597034