The concept of coalition proof Nash equilibrium was introduced by Bernheim et al. [5]. In the present paper, we consider the representation problem for coalition proof Nash equilibrium: For a given ...

Let S: X → X, T: Y → Y be continuous maps of compact metrizable spaces, and let π: X → Y be a continuous surjection with π ⚬ S = T ⚬ π. We investigate the notion of relative pressure, which was ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

We provide a microfoundation for the production function by using the concept of stochastic macro-equilibrium in Yoshikawa ("Stochastic Macro-equilibrium and Microfoundations for Keynesian Economics," ...

The amount of any given protein in a cell has to be controlled to keep its levels within a range required for healthy ...