POSITIONAL INVESTMENT THEORY AND THE ORIGIN OF CONFLICTS
Radim Valenčík, Ivan Vassilyev
Pages: 19-31
Published: 3 Nov 2024
DOI: 10.62991/EB1996477241
Views: 92
Downloads: 13
Abstract: The paper deals with the possibility of applying the concept of positional investing developed in the framework of cooperative game theory to analyse the causes of non-cooperation, the growth of noncooperation into conflicts and subsequently to analyse the possibilities of conflict resolution. It is based on the theoretical assumptions of the economics of productive consumption, the supply and demand model of investment resources and investment opportunities, which it uses to describe the mechanism of positional investment. It uses the tools of positional investment analysis, in particular the function or line of neutrality of positional investment. Extends the Nash bargaining problem so that the distribution of payoffs in two-player games respects the neutrality requirement of positional investing. Based on this, it presents a concept of the causes of and possibilities for resolving difficult-to-resolve conflicts. To do so, it also uses the identification of interdependencies between certain types of games.
Keywords: economics of productive consumption, positional investing, positional investing neutrality function, game theory, nash bargaining problem
Cite this article: Radim Valenčík, Ivan Vassilyev. POSITIONAL INVESTMENT THEORY AND THE ORIGIN OF CONFLICTS. Journal of International Scientific Publications: Economy & Business 18, 19-31 (2024). https://doi.org/10.62991/EB1996477241
Back to the contents of the volume
© 2025 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.
