CONSUMPTION, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...
Cooperative game theory investigates the strategic formation of alliances among rational agents, focusing on how groups (or coalitions) can jointly achieve benefits that individual players might not ...
There are differences between private returns or costs and the costs or returns to society as a whole Consumption, production, and investment decisions of individuals, households, and firms often ...
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