The behavioural game theory proposes a frame for modelling human behaviours in strategic interactions in a general, predictive and realistic way. Using the huge amount of experimental data accumulated during the last 25 years, and the recent results in neuroeconomics, this approach renews the...

This study objective at investigating the Brazilian soybean complex in the period 1990 to 2006, using the theoretical model of Brander-Spencer (1984) and the instrument of strategies based on game theory. The methodology used to estimate the payoffs of the game between Brazil and the United...

Game and decision theory start from rather strong premises. Preferences, represented by utilities, beliefs represented by probabilities, common knowledge and symmetric rationality as background assumptions are treated as “given.” A richer language enabling us to capture the process leading...

In this paper, it is shown that the concept “economic imperialism” has no real content with epistemological point of view: there is no evidence of using specific economic methodology in areas of other social disciplines. Economics is in a permanent crisis caused by the impossibility to...

The paper deals about the issues arising out of implementing base rate for Indian banks. With effect from July 1st, 2010, all banks are supposed to lend at base rate or minimum level of interest rate to customers. The net impact of this for retail customer will not be much as cost of funds for...

This paper aims to analyze the role of personal identity in altruism. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social identity poses, our proposal focuses on the concept of personal identity....

Steadily growing applications of game theory in modern science (including psychology, biology and economics) require sources to provide rapid access in both classical tools and recent developments to readers with diverse backgrounds. This book on game theory, its applications and mathematical...

This survey paper examines the problem of achieving global cooperation to reduce greenhouse gas emissions. Contributions to this problem are reviewed from non-cooperative game theory, cooperative game theory, and implementation theory. Solutions to games where players have a continuous choice...

This paper aims at providing, through a game theory model of coopetition, feasible solutions in a cooperative perspective to the problems that affect the Eurozone economy after the Greek crisis. In particular, it focuses on stability and growth as the primary goals, which should drive the...

Virtual organization emerged as a highly flexible structure in response to the rapidly changing environment of 20th century. This organization consists of independently working parties that combine their best possible resources to exploit the emerging market opportunities. There are no formal...