The paper analyzes the notion of an unbeatable strategy as a game-theoretic solution
concept. A general framework (games with relative preferences) suitable for the analysis of …

I study an entrepreneur's incentives to build a decentralized platform using a blockchain.
The entrepreneur can either build the platform using a regular company and retain control of …

I study an entrepreneur's incentives to build a network using a blockchain. The entrepreneur
can either build the network using a regular company and retain control of the network, or …

Why are collective choices so stable and easy to make in practice, when in theory it should
be totally otherwise? This question has puzzled social scientists since Condorcet in the …

In this paper we consider a production economy and adopt a cooperative approach to
equilibrium analysis which allows each individual to cooperate with others and to form a …

Every day, we interact with each other in various markets and economic mechanisms. The
rules that shape these markets and mechanisms shape our economic interactions. In …