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Economics

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Incentives in organizations

Article Abstract:

Agency theory can play a valuable role in an analysis of incentives in organizations. Work in this area has traditionally focused on the tradeoff between insurance and incentives. However, latest research on incentives in organizations has gone further than this. Risk is now seen as only one of a considerable number of issues. It has also been possible to assess why companies get what they pay for and how companies establish incentives for skill acquisition rather than merely for effort.

Analysis, Incentives (Business)

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An introduction to applicable game theory

Article Abstract:

Game theory is growing popular among applied economists due to its applications in price theory. Some of the games that can be utilized include static games with complete information, dynamic games with complete information, static games with incomplete information and dynamic games with incomplete information. These types of games are found to utilize their own solution concepts.

Methods, Usage, Game theory, Statistical decision, Statistical decision theory

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An introduction to vote-counting schemes

Article Abstract:

An assessment elucidates on the explanation of the variety of alternative methods that aggregate individual choices in deciding an election. Sixteen different mechanisms and illustrations of the working of complex systems, popular alternatives to plurality, motivation between writing schemes and the information base on which most vote-counting schemes rely are discussed.

Social aspects, Voting

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