Balance of Power

Research, Book, Preprint English OPEN
Boone, Jan;
(2004)
  • Publisher: Macroeconomics
  • Subject: delovna uspešnost | pricing games;Folk theorem;refinement of predicted outcomes;supergames;contestable market | D43 - Oligopoly and Other Forms of Market Imperfection | avtoriteta | C72 - Noncooperative Games | kadri | vodenje | delovna sila | delovna organizacija | supergames | refinement of predicted outcomes | prednost | kvaliteta | Folk theorem | bilanciranje | manager | medosebni odnosi | moč | pricing games | organiziranost | poslovne odločitve | pricing games; Folk theorem; refinement of predicted outcomes; supergames; contestable market | participacija | management | uspešnost poslovanja | poslovna morala | L41 - Monopolization ; Horizontal Anticompetitive Practices | contestable market | contestable market; folk theorem; pricing games; refinement of predicted outcomes; supergames | poslovodni delavci
    • jel: jel:D43 | jel:C72 | jel:L41
      udc: udc:005.2
    acm: ComputingMilieux_PERSONALCOMPUTING

This Paper argues that the efficiency distribution of players in a game determines how aggressively these players interact. We formalize the idea of balance of power: players fight very inefficient players but play softly versus equally (or more) efficient players. This... View more
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