IDEAS home Printed from https://ideas.repec.org/a/prf/journl/v3y2009i1p29-47.html
   My bibliography  Save this article

Redistribution Systems, Cross-Coalitions among them and Complexes of Memes Securing their Robustness

Author

Listed:
  • Radim Valencik

    (Institute of Finance and Administration)

  • Petr Budinsky

    (Institute of Finance and Administration)

Abstract

Analysis of the process of negotiations in redistribution systems shows two things: a) The negotiations process converges towards discriminatory balances, which are unstable. b) Which discriminating coalition will form can be decided by even a slight external influence, if it is not offset by another influence of this type. This opens the door to the discovery of the connections between the following phenomena – via the specific form of that, which decides about the performance of the players, the complementarity and rivalry of the players in the system, tendencies towards spontaneous advocacy of average and low-performance alliances, the “chaining” of redistribution systems, i.e., the creation of social networks of the cross-coalition type, the sensitivity of the negotiations process to imperfections of the negotiations process and the effects of exogenity, natural selection in the area of the survival of network structures formed on the basis of cross-coalitions among redistribution systems. The theory of redistribution systems can also be used in the analysis of memes and meme complexes that replicate in the communications (and thus also the negotiations) space, and restrict the rationality of the choice of some entities that are active in this space.

Suggested Citation

  • Radim Valencik & Petr Budinsky, 2009. "Redistribution Systems, Cross-Coalitions among them and Complexes of Memes Securing their Robustness," ACTA VSFS, University of Finance and Administration, vol. 3(1), pages 29-47.
    • Handle: RePEc:prf:journl:v:3:y:2009:i:1:p:29-47
    as

    Download full text from publisher

    File URL: https://www.vsfs.cz/periodika/acta-2009-1-02.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Barth,James R. & Caprio,Gerard & Levine,Ross, 2008. "Rethinking Bank Regulation," Cambridge Books, Cambridge University Press, number 9780521709309, September.
    2. Zuhayr Mikdashi, 2003. "Regulating the Financial Sector in the Era of Globalization," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-4039-9011-2, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:prf:journl:v:4:y:2010:i:1:p:62-69 is not listed on IDEAS
    2. repec:prf:journl:v:4:y:2010:i:1:p:48-61 is not listed on IDEAS
    3. Mojmir Helisek, 2009. "The Czech Republic’s Progress on its Road to the Euro Area," ACTA VSFS, University of Finance and Administration, vol. 3(1), pages 6-28.
    4. repec:prf:journl:v:4:y:2010:i:1:p:6-28 is not listed on IDEAS
    5. Ladislav Prusa, 2009. "Do Subsides from the State Budget Enable the Desirable Development of Social Services?," ACTA VSFS, University of Finance and Administration, vol. 3(1), pages 70-76.
    6. Vladislav Pavlat, 2009. "Financial Stability, World Financial Crisis and Financial Markets´ Regulation: Some New Issues," ACTA VSFS, University of Finance and Administration, vol. 3(1), pages 48-61.
    7. repec:prf:journl:v:4:y:2010:i:1:p:70-76 is not listed on IDEAS
    8. repec:prf:journl:v:4:y:2010:i:1:p:29-47 is not listed on IDEAS
    9. Pavel Schranil & Dana Kubickova, 2009. "Accountance of the Public Sector – Some problems in accounting procedures for territorial self-governing units, subsidized organizations, state funds and organizational units of the state," ACTA VSFS, University of Finance and Administration, vol. 3(1), pages 62-69.
    10. Edward J. Kane, 2012. "Ethical Failures in Regulating and Supervising the Pursuit of Safety Net Subsidies," Chapters, in: Kern Alexander & Rahul Dhumale (ed.), Research Handbook on International Financial Regulation, chapter 3, Edward Elgar Publishing.
    11. Joseph Francois & Bernard Hoekman, 2010. "Services Trade and Policy," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 642-692, September.
    12. Franklin Allen & Elena Carletti & Robert Marquez, 2011. "Credit Market Competition and Capital Regulation," The Review of Financial Studies, Society for Financial Studies, vol. 24(4), pages 983-1018.
    13. Apanard P. Prabha & Clas Wihlborg & Thomas D. Willett, 2012. "Market Discipline for Financial Institutions and Markets for Information," Chapters, in: James R. Barth & Chen Lin & Clas Wihlborg (ed.), Research Handbook on International Banking and Governance, chapter 13, Edward Elgar Publishing.
    14. Massimiliano Affinito, 2011. "Convergence clubs, the euro-area rank and the relationship between banking and real convergence," Temi di discussione (Economic working papers) 809, Bank of Italy, Economic Research and International Relations Area.
    15. Alexander, Gordon J. & Baptista, Alexandre M. & Yan, Shu, 2013. "A comparison of the original and revised Basel market risk frameworks for regulating bank capital," Journal of Economic Behavior & Organization, Elsevier, vol. 85(C), pages 249-268.
    16. Stijn Claessens & M. Ayhan Kose, 2013. "Financial Crises: Explanations, Types and Implications," CAMA Working Papers 2013-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    17. Linda S Goldberg, 2009. "Understanding Banking Sector Globalization," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 171-197, April.
    18. Frame, W. Scott & Mihov, Atanas & Sanz, Leandro, 2020. "Foreign Investment, Regulatory Arbitrage, and the Risk of U.S. Banking Organizations," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 55(3), pages 955-988, May.
    19. Michael Pomerleano, 2011. "Developing Regional Financial Markets – the Case of East Asia," Chapters, in: Ulrich Volz (ed.), Regional Integration, Economic Development and Global Governance, chapter 9, Edward Elgar Publishing.
    20. Beck, Thorsten & Demirguc-Kunt, Asli & Levine, Ross, 2006. "Bank supervision and corruption in lending," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 2131-2163, November.
    21. Alexander, Gordon J. & Baptista, Alexandre M. & Yan, Shu, 2012. "When more is less: Using multiple constraints to reduce tail risk," Journal of Banking & Finance, Elsevier, vol. 36(10), pages 2693-2716.
    22. Cihak, Martin & Demirguc-Kunt, Asli & Peria, Maria Soledad Martinez & Mohseni-Cheraghlou, Amin, 2012. "Bank regulation and supervision around the world : a crisis update," Policy Research Working Paper Series 6286, The World Bank.
    23. Zhang, Huili & Chan, Kam C., 2018. "Bank shareholding and corporate cash management: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 44(C), pages 235-253.
    24. Boubakri, Narjess & Mirzaei, Ali & Samet, Anis, 2017. "National culture and bank performance: Evidence from the recent financial crisis," Journal of Financial Stability, Elsevier, vol. 29(C), pages 36-56.
    25. Gerard Caprio & Patrick Honohan, 2008. "Banking Crises," Center for Development Economics 2008-09, Department of Economics, Williams College.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prf:journl:v:3:y:2009:i:1:p:29-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Magdalena Šebková (email available below). General contact details of provider: https://edirc.repec.org/data/vsfspcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.