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More Evidence on the Role of Secondary Education in the Development of Lower-Income Countries

Wishful Thinking or Useful Knowledge

Bibliographic Data

ID4854810
AuthorsLonnie E Brist (University of Alabama), Arthur J Caplan (0000-0002-2435-3973, Weber State University)
Year1999
Volume48
Issue1
Pages155-175
Publication date1999-10-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomic Development and Cultural Change (JOURNAL)
Journal identifiersISSN: 0013-0079 • E-ISSN: 1539-2988
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/452450
OpenAlexW1969021840
LanguageEN
Citations received2
References cited5

The need to understand surplus-sharing rules in cooperative game theory occurs at both the undergraduate and graduate levels. The rules are generally depicted as mathematical problems that entail the calculation of a vector of allocations. This Web page provides a downloadable program that enables users to interactively generate geometrical depictions of the rules for an unlimited number of three-player games. The program (1) demonstrates graphically how the simplex (i.e., area of potential cooperation) is shrunk to its corresponding core on the basis of the game’s characteristic function (i.e., the specification of the payoffs for each of the seven possible coalitions, including the grand coalition of all three players), (2) calculates the Shapley value, nucleolus, and per-capita nucleolus surplus-sharing allocations for the game, and (3) depicts graphically the locations of these allocations in the corresponding cores. The program provides game theory practitioners with a tool to visualize the important elements and outcomes associated with cooperative games

Development economics · Download · Economics · Library science · Political science · State (computer science) · Wishful thinking · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Psychology

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Unique citing works2
Citations per year0,08
Citation span2002 - 2003 (2)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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