Matches in SemOpenAlex for { <https://semopenalex.org/work/W3040491330> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W3040491330 abstract "Abstract Since mathematician John von Neumann and economist Oskar Morgenstern introduced the theory of games as a branch of modern mathematics into Economics, it has become rather prevalent, and it is even thought to be able to rewrite the whole microeconomics, that is to say, replace the frame of economic theory found by Marshall in “Principles of Economics”. But this paper will show that there are two frauds in the “Prisoners’ Dilemma”, one of the classical models in the theory of games. One is the missing calculation of costs of “cooperative solution”, the other is invalidity of “cooperative solution” when adopted to explain the phenomenon in economy or business field, because of misleading by the wrong definition of Monopoly. Oligarchs cannot increase the monophonic degree, even if they cooperate or collide to decrease the productions. But the fundamental problem of the prisoners’ dilemma lies in ad hoc theory. There are transaction costs in cooperation, which is the key constraint. Some special ways (such as repeated game) to decrease transaction costs in special cases are not key factors. This problem exists in all models of the theory of games, so it is its Achilles’ heel." @default.
- W3040491330 created "2020-07-10" @default.
- W3040491330 creator A5086734362 @default.
- W3040491330 date "2020-06-22" @default.
- W3040491330 modified "2023-10-16" @default.
- W3040491330 title "Transaction Cost and the Theory of Games: The “Prisoners’ Dilemma” as an Example" @default.
- W3040491330 cites W1965787657 @default.
- W3040491330 cites W1994939645 @default.
- W3040491330 cites W2067050450 @default.
- W3040491330 cites W2141298853 @default.
- W3040491330 cites W2334303480 @default.
- W3040491330 cites W2614536845 @default.
- W3040491330 cites W4234761190 @default.
- W3040491330 doi "https://doi.org/10.1515/me-2020-0006" @default.
- W3040491330 hasPublicationYear "2020" @default.
- W3040491330 type Work @default.
- W3040491330 sameAs 3040491330 @default.
- W3040491330 citedByCount "0" @default.
- W3040491330 crossrefType "journal-article" @default.
- W3040491330 hasAuthorship W3040491330A5086734362 @default.
- W3040491330 hasConcept C111919701 @default.
- W3040491330 hasConcept C113494165 @default.
- W3040491330 hasConcept C133425853 @default.
- W3040491330 hasConcept C144237770 @default.
- W3040491330 hasConcept C162324750 @default.
- W3040491330 hasConcept C175444787 @default.
- W3040491330 hasConcept C177142836 @default.
- W3040491330 hasConcept C202444582 @default.
- W3040491330 hasConcept C2524010 @default.
- W3040491330 hasConcept C26517878 @default.
- W3040491330 hasConcept C2776036281 @default.
- W3040491330 hasConcept C2778496695 @default.
- W3040491330 hasConcept C2781127519 @default.
- W3040491330 hasConcept C33923547 @default.
- W3040491330 hasConcept C38652104 @default.
- W3040491330 hasConcept C41008148 @default.
- W3040491330 hasConcept C80469333 @default.
- W3040491330 hasConcept C9652623 @default.
- W3040491330 hasConcept C98965940 @default.
- W3040491330 hasConceptScore W3040491330C111919701 @default.
- W3040491330 hasConceptScore W3040491330C113494165 @default.
- W3040491330 hasConceptScore W3040491330C133425853 @default.
- W3040491330 hasConceptScore W3040491330C144237770 @default.
- W3040491330 hasConceptScore W3040491330C162324750 @default.
- W3040491330 hasConceptScore W3040491330C175444787 @default.
- W3040491330 hasConceptScore W3040491330C177142836 @default.
- W3040491330 hasConceptScore W3040491330C202444582 @default.
- W3040491330 hasConceptScore W3040491330C2524010 @default.
- W3040491330 hasConceptScore W3040491330C26517878 @default.
- W3040491330 hasConceptScore W3040491330C2776036281 @default.
- W3040491330 hasConceptScore W3040491330C2778496695 @default.
- W3040491330 hasConceptScore W3040491330C2781127519 @default.
- W3040491330 hasConceptScore W3040491330C33923547 @default.
- W3040491330 hasConceptScore W3040491330C38652104 @default.
- W3040491330 hasConceptScore W3040491330C41008148 @default.
- W3040491330 hasConceptScore W3040491330C80469333 @default.
- W3040491330 hasConceptScore W3040491330C9652623 @default.
- W3040491330 hasConceptScore W3040491330C98965940 @default.
- W3040491330 hasLocation W30404913301 @default.
- W3040491330 hasOpenAccess W3040491330 @default.
- W3040491330 hasPrimaryLocation W30404913301 @default.
- W3040491330 hasRelatedWork W1917781 @default.
- W3040491330 hasRelatedWork W29060936 @default.
- W3040491330 hasRelatedWork W48975331 @default.
- W3040491330 hasRelatedWork W50157937 @default.
- W3040491330 hasRelatedWork W60377572 @default.
- W3040491330 hasRelatedWork W61487294 @default.
- W3040491330 hasRelatedWork W65227224 @default.
- W3040491330 hasRelatedWork W79507263 @default.
- W3040491330 hasRelatedWork W91566833 @default.
- W3040491330 hasRelatedWork W40120712 @default.
- W3040491330 isParatext "false" @default.
- W3040491330 isRetracted "false" @default.
- W3040491330 magId "3040491330" @default.
- W3040491330 workType "article" @default.