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Game Strategies for Business Integration in the Digital Economy reveals the essence, features and benefits of various strategies for business integration in the digital economy.
Kotkin offers the reader an unsurpassed portrait of daily life in the Gorbachev era. From the formation of "informal" political groups to the start-up of fledgling businesses in the new cooperative sector, from the no-holds-barred investigative reporting of a former Communist party mouthpiece to a freewheeling multicandidate election campaign, the author conveys the texture of contemporary Soviet society in the throes of an upheaval not seen since the 1930s.
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Cooperative concepts of renegotiation in repeated games have typically assumed that Pareto-ranked equilibria could not coexist within the same renegotiation-proof set. With explicit renegotiation, however, a proposal to move to a Pareto-superior equilibrium can be deterred by a different continuation equilibrium which harms the proposer and rewards the refuser. This paper introduces a simple protocol of renegotiation for repeated games and defines the stability of social norms and renegotiation-proof outcomes in terms of a simple equilibrium refinement. We provide distinct necessary and sufficient conditions for renegotiation-proofness, which converge to each other as renegotiation frictions become negligible. Renegotiation-proof outcomes always exist and can be all included within a single, most permissive social norm that is straightforward to characterize graphically. The analysis suggests a novel mechanism explaining inefficient equilibria, such as mis-coordination, inertia, and failure to upset an oppressive status quo even when information is complete, communication is frictionless, and players can credibly agree on efficient outcomes.
Master of explosive international intrigue Tom Clancy brings together his greatest characters and a new generation to fight the war on terror. Although his father had been reluctant to become a field operative, Jack Ryan Jr. wants nothing more. Privately training with a seasoned Special Forces drill instructor, he's honing his skills to transition his work within The Campus from intelligence analysis to hunting down and eliminating terrorists wherever he can - even has Jack Ryan Sr. campaigns for re-election as President of the United States. But what neither father nor son knows is that the political and the personal have just become equally dangerous. A devout enemy of Jack Sr. launches a ...
This handbook provides the first comprehensive overview of the fast-evolving alternative finance space and makes a timely and in-depth contribution to the literature in this area. Bringing together expert contributions in the field from both practitioners and academics, in one of the most dynamic parts of the financial sector, it provides a solid reference for this exciting discipline. Divided into six parts, Section 1 presents a high-level overview of the technologically-enabled finance space. It also offers a historical perspective on technological finance models and outlines different business models. Section 2 analyses digital currencies including guides to bitcoins, other cryptocurrenci...