MATHEMATICAL FORMALIZATION OF INSTITUTIONS
The article proposes the way of mathematical formalization of institutions in the framework of game-theory approach. The rules are represented by transpositions of payoffs in payment matrix. Such the transitions call the change the structure of game equilibriums. This approach allows separation of c...
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| Format: | Article |
| Language: | Russian |
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Real Economics Publishing House
2018-12-01
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| Series: | Strategičeskie Rešeniâ i Risk-Menedžment |
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| Online Access: | https://www.jsdrm.ru/jour/article/view/800 |