Fixed-Point Theory and Its Some Real-Life Applications| Chapter 8 | Research Highlights in Mathematics and Computer Science Vol. 1

 In this paper, fixed-point hypothesis is the delightful combination of examination, geography and math. In some true issues fixed-point hypothesis is the essential numerical apparatus used to lay out the presence of arrangements in game hypothesis and numerical financial matters which emerge normally in applications. Thus, fixed-point hypothesis is a significant area of concentrate in unadulterated and applied science and it is a thriving area of exploration.

Author(s) Details:

Sarla Chouhan,
Department of Applied Mathematics, Shri Govindram Seksaria Institute of Technology and Science, Indore, Madhya Pradesh, India.

Bhumi Desai,
SGSITS, Indore, India.

Please see the link here: https://stm.bookpi.org/RHMCS-V1/article/view/8247

A Married Couple’s Economic Reciprocal Relationship: Application of Game Theory | Chapter 8 | Current Strategies in Economics and Management Vol. 2

An economic theoretical model was developed and a static game of complete information was applied in an examination of a married couple’s economic reciprocal relationship. Each player (husband and wife) chose their best strategies (i.e., optimal responses) to maximize payoffs (i.e., happiness). The theoretical analysis suggests that the couple’s happiness is endogenously and positively correlated and simultaneously determined. If the wife (or the husband) is not happy with the relationship, it is impossible for the husband (or the wife) to be happy with the relationship. Moreover, I conducted a survey of 54 married couples in Lake County, Indiana to collect information related to married couples’ economic behaviors. The survey results suggest that a good communication skill between a married couple indeed is a primarily important factor in determining a successful marriage.

Author(s) Details

Dr. Tin-Chun Lin
School of Business and Economics, Indiana University Northwest, Gary, IN 46408, USA

View Book :- http://bp.bookpi.org/index.php/bpi/catalog/book/185