Theoretical Underpinning

Ursula F. Ott

Chapter 2 in International Joint Ventures, 2006, pp 11-31 from Palgrave Macmillan

Abstract: Abstract In order to position the monograph’s contents, game theory and its solution concepts are based on the works of Von Neumann and Morgenstern (1944), Nash (1950, 1951, 1953), Selten (1965) and Harsanyi (1967–68). These game theorists represent the various perspectives and solution concepts. Based on their equilibrium concept, solutions could be derived.

Keywords: Information Asymmetry; Joint Venture; Moral Hazard; Adverse Selection; Solution Concept (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62546-4_2

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DOI: 10.1057/9780230625464_2

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