A new approach to solve old problems
AbstractArrangements (agreements, contracts, regulations, bargains, etc.) are widespread economic events and are the fundamental concept of the economic theory. Infringements (breaches, modifications, deviations, changes, etc.) of arrangements are common and have a significant importance for the economic theory. For many years now the arrangement infringements have lacked appropriate attention in the economic theory. This fact caused a number of theoretical and practical problems. In order to solve them a new approach is proposed, which considers the possibility of arrangement infringements. This article gives a simple example and a new result of the approach application.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 0505005.
Length: 6 pages
Date of creation: 10 May 2005
Date of revision:
Note: Type of Document - pdf; pages: 6
Contact details of provider:
Web page: http://126.96.36.199
risk investment insurance;
Find related papers by JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- C - Mathematical and Quantitative Methods
- D - Microeconomics
- E - Macroeconomics and Monetary Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-14 (All new papers)
- NEP-HPE-2005-05-14 (History & Philosophy of Economics)
- NEP-MAC-2005-05-14 (Macroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Veronika K–bberling & Peter P. Wakker, 2004. "A Simple Tool for Qualitatively Testing, Quantitatively Measuring, and Normatively Justifying Savage's Subjective Expected Utility," Journal of Risk and Uncertainty, Springer, vol. 28(2), pages 135-145, 03.
- Tversky, Amos & Wakker, Peter, 1995. "Risk Attitudes and Decision Weights," Econometrica, Econometric Society, vol. 63(6), pages 1255-80, November.
- Harin, Alexander, 2010.
"Теорема О Существовании Разрывов В Шкале Вероятностей. Дискретный Случай
[Theorem of existence of ruptures in probability scale. Discr," MPRA Paper 23902, University Library of Munich, Germany.
- Alexander Harin, 2005. "Gains and losses: the same or different choices? A “non-ideal” economics approach," International Finance 0509002, EconWPA.
- Harin, Alexander, 2009.
"Разрывы В Шкале Вероятностей. Расчет Величин Разрывов
[Ruptures in the probability scale. Calculation of ruptures’ values]," MPRA Paper 16663, University Library of Munich, Germany.
- Harin, Alexander, 2010.
"Теорема О Существовании Разрывов В Шкале Вероятностей. Ii
[Theorem of existence of ruptures in the probability scale. II]," MPRA Paper 22633, University Library of Munich, Germany.
- Alexander Harin, 2006. "A Rational Irrational Man?," Microeconomics harin_alexander.34115-060, Socionet.
- Alexander Harin, 2006. "Principle of Uncertain Future," Microeconomics harin_alexander.34115-061, Socionet.
- Alexander Harin, 2005. "Gains and losses. The same or different choices?," International Finance 0508004, EconWPA.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.