Essays about: "Zero-Sum Game"

Showing result 16 - 17 of 17 essays containing the words Zero-Sum Game.

  1. 16. The Economization of Migration

    University essay from Lunds universitet/Juridiska institutionen

    Author : Martin Håkansson; [2007]
    Keywords : Folkrätt; Law and Political Science;

    Abstract : Being acquainted with four of the most famous games in game theory, we will learn that players often are better paid off cooperating with each other, but that the structure of the game forces them to defect from cooperation. Only when confronted with the zero-sum game the players have no incentive to cooperate. READ MORE

  3. 17. Information and Prices on a Betting Exchange: A Study of the Market Microstructure and the Efficiency of a Betting Exchange

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Robert Bongart; Johan Conradsson; [2006]
    Keywords : Betting; Betting Exchange; Market Efficiency; Long shot bias;

    Abstract : We study the market microstructure of betting exchanges and investigate whether this new betting market is efficient by looking at 50 561 transactions conducted by 214 traders. Given that betting exchanges have many characteristics in common with financial exchanges, we hypothesize an odds clearing equilibrium framework in order to study efficiency on this specific market. READ MORE