Game theory, mathematics, and economics

By J. M. Buchanan. 2001

73 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

The Economics of Governance (2005, unknown): “(1) If some transactions are simple and some are complex, then the attributes of transactions that are responsible for these complexity differences must be named and their ramifications set out.”
Transaction Cost Economics: The Natural Progression † (2010, background): “If “mutuality of advantage from voluntary exchange is . . . the most fundamental of all understandings in economics” (Buchanan 2001, p. 29), then the lens of contract approach is an under-used perspective.”
Opportunity Discovery, Problem Solving and the Entrepreneurial Theory of the Firm (2007, background): “Yet, without conflict among actors, there should be no need for those mechanisms within firms that resolve conflict and restore order, or that provide ‘mutuality of advantage’ ( Buchanan, 2001, p. 29; see also Williamson, 1985) to prevent conflict in the first place.”