There is a concert today that is the first one this term, the professor arrange 2 musicians from Vancouver to play for us, these 2 musicians are middle-aged nice women, they performed popular songs from the 20th century using saxophone and piano. Not only the students from our class came, but some people I don’t [...]

  Between-group communication and conflict resolution in assurance and chicken games Gary Bornstein,  Zohar Gilula     Journal of Conflict Resolutions       I review a fascinating article by Gary Bornstein and  Zohar Gilula who use an different approach to separate fear and greed in game theory. In the PD game, either fear or greed is sufficient to [...]

  Kalai-Smorodinski solution to a bargaining game A solution concept which takes account of the most optimistic and most pessimistic expectations that players in a bargaining game can reasonably hold.   Top cycle algorithm A procedure for finding a core allocation in a multi-person matching games when players havediffering tastes   Core the set of [...]

Pecuniary Externalities:  A Game Theoretic Analysis   Martin Shubik The American Economic Review, Vol.61, No.4 (Sep., 1971), 713-718     Abstract This short review of the article by Martin Shubik, examines a game theoretic approach of market pecuniary externalities which was to demonstrate when one firm or an industry expands, its actions may influence the [...]

 a situation that fits the model of a coalitional game   We live in societies that enforce contracts. Contract law in fact is a major social systems that shapes our lives. Enforcement implies that we can make commitments, which is quite different form the non-cooperative game framework, in which only self enforcing equilibria are possible. [...]

THIS IS ANOTHER CASE WHEN YOU DID NOT KNOW THE STATE OF THE WORLD RUSULTING FROM THE OTHER DECISIONS   One Saturday afternoon I was returning home after a visit to one of my friends 30 miles away. Midway down the Highway 401, I saw another car come to a rolling stop near the edge [...]