Governance as a strategy in state-of-nature games
β Scribed by Jason Briggeman
- Publisher
- Springer US
- Year
- 2009
- Tongue
- English
- Weight
- 303 KB
- Volume
- 141
- Category
- Article
- ISSN
- 0048-5829
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract The games of economic survival introduced by Shubik and Thompson seem tailorβmade for the analysis of some problems in insurance and have found many applications in this industry. The optimal strategy in such games may be a soβcalled βband strategy.β This result seems counterβintuitive
A two-person zero-sum game with fixed time duration and the dynamics governed by a system of generalized differential equations is investigated. We focus our attention on the case where player I has to satisfy some general type phase constraints. In the course of the game both players can apply any