Political Rhetorics and Sustainable Development in Nigeria
Abstract: The study employed a qualitative approach in reviewing the extent of political rhetoric as employed by political leaders and government in Nigeria from 1999-date and how such affects sustainable development in the country. The conceptual...
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Abstract: The study employed a qualitative approach in reviewing the extent of political rhetoric as employed by political leaders and government in Nigeria from 1999-date and how such affects sustainable development in the country. The conceptual elucidation of the concepts in the study justifies the rationale of the paper in understanding the misrepresentation of the sustainable indicators of improving the quality of socio-economic life of the people in Nigeria through the deceit policies of the government such as reforms, transformation, change, etc. as used. In conclusion, it asserts that government and governance in Nigeria remain as build on deceitful rhetoric, playing on the vulnerability of the masses and sharp ethnic and religious differences, manipulated for selfish gains and personal aggrandizements. Hence, the recommendation among other things shows that serious political actions must be the hallmarks of government and not mere sweet-coated economic and administrative rhetoric
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Tacit collusion in repeated auctions
Abstract: "The authors study tacit collusion in repeated auctions in which bidders can only observe past winners and not their bids. They adopt a stringent interpretation of tacit collusion as collusion without communication about strategies that we...
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Abstract: "The authors study tacit collusion in repeated auctions in which bidders can only observe past winners and not their bids. They adopt a stringent interpretation of tacit collusion as collusion without communication about strategies that we model as a symmetry restriction on repeated game strategies: Strategies cannot discriminate among initially nameless bidders until they have become named through winning an auction. The authors obtain three classes of results: 1. Completely refraining from using names, i.e. strengthening the symmetry constraint, rules out collusion altogether, and even if naming is permitted, as per our definition of tacit collusion, the lack of communication limits collusive strategies and payoffs among impatient bidders. 2. If communication is allowed, there are sustained improvements over bid rotation and competitive bidding among patient bidders. 3. These gains extend to tacit collusion among patient bidders. However, whether tacit or not, collusion need not
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