Redistribution systems theory as a key to reality decoding

Petr Budinsky () and Radim Valencik ()
Additional contact information
Petr Budinsky: University of Finance and Administration
Radim Valencik: University of Finance and Administration

ACTA VSFS, 2008, vol. 2, issue 2, 158-175

Abstract: 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 reality simplification plays an important role. The article then applies these bases to the problem area of redistribution systems theory, which is one of the game variants. It specifies more the expression of discrimination equilibriums and Nash equilibrium, presents the original scheme that enables visualisation of these equilibrium types, extends the model of the elementary redistribution system by considering some influences on the redistribution system. Specifically, these are competition and inter-organisational migration effects; possibility of mutual bribery of players (investing into the position); influence of players from one redistribution system on forming alliances in another system; influence of links between redistribution systems on the negotiation process inside each of them.

Keywords: Theory of games; redistribution systems theory; Pareto optimum; Nash equilibrium; competition; inter-organisational migration; coalition; negotiation (search for similar items in EconPapers)
JEL-codes: D01 D33 D74 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.vsfs.cz/periodika/acta-2008-2-02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prf:journl:v:2:y:2008:i:2:p:158-175

Access Statistics for this article

More articles in ACTA VSFS from University of Finance and Administration Contact information at EDIRC.
Bibliographic data for series maintained by Magdalena Šebková ().