By Sylvain Sorin
The aim of the publication is to give the fundamental ends up in the speculation of two-person zero-sum repeated video games together with stochastic video games and repeated video games with incomplete details. It underlines their relation in the course of the operator technique and covers either asymptotic and uniform houses. The monograph is self-contained together with presentation of incomplete info video games, minmax theorems and approachability effects. it truly is adressed to graduate scholars with out past wisdom of the sphere.
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Additional info for A First Course on Zero Sum Repeated Games
The second part deals with the consequences of sustainability reporting activities. 1 Theses Development of Disclosure Determinants The information that is analyzed for this study was disclosed on a voluntary basis. Larger companies are expected to publish more detailed information which leads to higher corporate disclosures scores according to the analytical grids that were applied. This assumption can be justified by several reasons. Firstly, larger companies have in relation to their size positive economies of scale effects regarding the direct costs of disclosing information.
The reasons are named above. Several studies identified a positive relationship between the reporting quality and the stakeholder power or the media exposure (Cormier and Magnan, 2007). However, these factors should be regarded as drivers that influence the reporting quality instead of effects arising from corporate disclosures. The following chapter provides an overview about the empirical tested determinants of corporate disclosures. 3 Quality Determinants of Corporate Disclosures Structuring previous research results with respect to factors that impact the quality and extent of corporate disclosures is a challenging task.
2007) found a significant influence of the firm size on web-based corporate disclosures. Clarkson et al. (1999) identified a significant impact on the corporate social performance. Additionally, this determinant was tested successfully for companies from different backgrounds (Cormier et al. 2005). It can be summarized that the firm size is established as a crucial determinant that influences positively the information quality of corporate disclosures according to previous studies. However, the firm size was not measured consistently.