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Wallenstein’s Power Problem and Its Consequences

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Author Info
Manfred J. Holler () (Universitat Hamburg, Institute of SocioEconomics, IAW, Hamburg, Germany)
Barbara Klose-Ullmann () (Munich Institute of Integrated Studies (GIS), Munich, Germany)
Abstract

This paper wants to be both: an introduction to game-theoretical thinking as well as a game-theoretical discussion of Schiller’s Wallenstein. Note that the intention of this article is to convince theatergoers and people who work in the theatrical arts that it is worthwhile to study some game theory. Others will hopefully profit from the unusual Wallenstein interpretation. It is not this article’s purpose to teach game theorists, but rather to inspire applications. The drama is depicted as a game and consequently submitted to a formal analysis that is based on the economic concept of rationality. Weber’s definition of power is operationalized and applied to Wallenstein’s decision situation.

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Publisher Info
Article provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its journal AUCO Czech Economic Review.

Volume (Year): 2 (2008)
Issue (Month): 3 (December)
Pages: 197-218
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Handle: RePEc:fau:aucocz:au2008_197

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Related research
Keywords: Power; bargaining; mixed-strategy Nash equilibrium; theater; Wallenstein;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
K00 - Law and Economics - - General - - - General (including Data Sources and Description)

References listed on IDEAS
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  1. Wittman, Donald, 1985. "Counter-intuitive results in game theory," European Journal of Political Economy, Elsevier, vol. 1(1), pages 77-89. [Downloadable!] (restricted)
  2. Holler, Manfred J, 1993. " Fighting Pollution When Decisions Are Strategic," Public Choice, Springer, vol. 76(4), pages 347-56, August.
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This page was last updated on 2009-12-2.


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