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Analysis of the process of negotiations in redistribution systems shows two things: a) The negotiations process converges towards discriminatory balances, which are unstable. b) Which discriminating coalition will form can be decided by even a slight external influence, if it is not offset by...
Persistent link: https://www.econbiz.de/10010860152
The contribution resumes the article called Nash Equilibrium in Redistribution Systems (Calculation, significance, use), published in the magazine ACTA 1/2008. It is based on some general methodological questions of theory development that use mathematical apparatus, where finding an appropriate...
Persistent link: https://www.econbiz.de/10010860164
A redistribution system has two main attributes: 1. The greater the deviation of the payout of players from their performance, the greater the decline in the performance of the system. 2. The cause of this deviation is the formation of coalitions that treat their members preferentially and...
Persistent link: https://www.econbiz.de/10010680339
Analysis of the process of negotiations in redistribution systems shows two things: a) The negotiations process converges towards discriminatory balances, which are unstable. b) Which discriminating coalition will form can be decided by even a slight external influence, if it is not offset by...
Persistent link: https://www.econbiz.de/10010680344
How can errors in decision-making by rationally behaving individuals be explained? The concepts of bounded rationality proposed by H. Simon and of imperfect information in the complex reality by F. Hayek attack the over-restrictive assumption of perfectly informed individuals or organisms in...
Persistent link: https://www.econbiz.de/10010554838
A redistribution system is any social system as organization, company or institution is where the redistribution of payments of players in comparison with their performance happens. The very important role is played by constitutions of alliances created in this system. Modeling of essential...
Persistent link: https://www.econbiz.de/10010723137
Persistent link: https://www.econbiz.de/10011658488