IDEAS home Printed from https://ideas.repec.org/a/prf/journl/v5y2011i3p198-219.html
   My bibliography  Save this article

Redistribution Systems and Contextual Games

Author

Listed:
  • Radim Valencik

    (University of Finance and Administration)

  • Petr Budinsky

    (University of Finance and Administration)

Abstract

The goal of this article is to demonstrate how mutually inter-related the two directions taken by the expansion and perfection of the game theory apparatus are, on one hand in the examination of redistribution systems and on the other hand in the analysis of contextual games. And to take advantage of this opportunity to present the latest findings attained in both areas and at the same time to characterize one of the most important types of the objects that our team has come across in the execution of the program as defined above – structures based on the mutual covering-up of the breaching of rules and generally accepted principles. These are objects without the theoretical grasp of which it is not possible to adequately describe the essence and social contexts of corruption and similar phenomena. And therein lies the social relevance and the originality of the topic. From the perspective of the development of science, the mentioned approach makes it possible, among other things, to explain some apparent discrepancies between game theory and this theory inspired by experiments.

Suggested Citation

  • Radim Valencik & Petr Budinsky, 2011. "Redistribution Systems and Contextual Games," ACTA VSFS, University of Finance and Administration, vol. 5(3), pages 198-219.
    • Handle: RePEc:prf:journl:v:5:y:2011:i:3:p:198-219
    as

    Download full text from publisher

    File URL: https://www.vsfs.cz/periodika/acta-2011-3-01.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prf:journl:v:5:y:2011:i:3:p:198-219. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Magdalena Šebková (email available below). General contact details of provider: https://edirc.repec.org/data/vsfspcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.