The main fundamental question in cooperative game theory is the question how to allocate the total generated wealth by the collective of all players—the player set N itself—over the different players in the game. In other words, what binding contract between the players in N has to be written? Various criteria have been developed. In this chapter I investigate contracts that are stable against ...

<span>The discourse of pregnant marriage is always interesting to study from a legal perspective, both Islamic and civil law, the different views fuqoha also controversy in understanding whether or not permissible. Different understandings are found KHI which on one side normative backing other opens room for adultery. As result being before, it was problem because children born during be...

This paper provides empirical evidence of the influence of adolescent marriage opportunities on female schooling attainment and gives predictions of the impact for imposing universal age-of-consent laws. Using data from rural Bangladesh, we explore the commonly cited hypotheses that women attain less schooling as a result of social and financial pressure to marry young. We isolate the causal ef...

By assuming that a risk-neutral hedge fund manager has ambiguous beliefs about the return process of risky asset, we study his robust risk choice under high-water mark. The results show without management fees, ambiguity aversion induces to take more as is close termination but less approaches With increases induced and moderates manager’s incentive risk, predicting it with higher rates fees re...

Collusion among bidders in auctions is a serious concern for those interested in designing allocation procedures to allocate public assets whether the goal of the process is efficiency or revenue maximization. In either case, bidders acting collusively can seriously impair an auctioneer’s ability to accomplish their goal. There have been a wide variety of examples of collusion discussed in the ...

In this study, a contract for vertical and horizontal coordination is developed in which transportation mode and carbon emissions tax play a key role in determining the values of the contract parameters. The contract is designed for simultaneous coordination of cooperative advertising and periodic review replenishment decisions of a supplier and two competitive retailers. To obtain the optimal ...