Game contingent claims in complete and incomplete markets

Article Abstract:

A game contingent claim contract with kifer (zero-sum) and a generalized approach (non-zero-sum) stopping games for incomplete and complete markets are discussed. The game contract mainly helps to enable both the buyer and seller to terminate contract before maturity.

Management dynamics, Management, Usage, Contracts, Company business management, Game theory

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Convergence to competitive equilibria and elimination of no-trade (in a strategic market game with limit prices)

Article Abstract:

The strategic market game with limit prices and its nash equilibrium allocations that are mainly used to converge to the set containing all competitive equilibria and no-trade equilibria during the replication period of players are discussed.

Organizational history, Company restructuring/company reorganization, Reorganization and restructuring, Equilibrium (Economics), Company organization

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A strategic market game with limit prices

Article Abstract:

No-trade equlibria is an important concept while dealing with commodity markets. A novel market game based on the limit-price mechanism of Mertens, to avoid the state of no-trade equlibria is studied in detail.

Methods, Global economy, Games of strategy (Mathematics)

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