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Models of Political Economy will introduce students to the basic methodology of political economics. It covers all core theories as well as new developments including: decision theory game theory mechanism design games of asymmetric information. Hannu Nurmi's text will prove to be invaluable to...
Persistent link: https://www.econbiz.de/10012627070
Persistent link: https://www.econbiz.de/10014524596
Models of Political Economy will introduce students to the basic methodology of political economics. It covers all core theories as well as new developments including: decision theory game theory mechanism design games of asymmetric information. Hannu Nurmi's text will prove to be invaluable to...
Persistent link: https://www.econbiz.de/10012648069
The Borda Count (BC) is a positional voting procedure fairly often applied in nonpolitical choice settings. It has a usual mixture of good and bad theoretical properties. It is monotonic and consistent and excludes the election of an eventual Condorcet loser. It, however, does not necessarily...
Persistent link: https://www.econbiz.de/10012502969
Much of the EU institution literature deals with the distribution of voting power in the Council and European Parliament. The increasingly sophisticated models on EU decision making tend to overlook issues pertaining agenda formation and control in various decision making bodies. This article...
Persistent link: https://www.econbiz.de/10008562480
The Borda Count (BC) is a positional voting procedure fairly often applied in nonpolitical choice settings. It has a usual mixture of good and bad theoretical properties. It is monotonic and consistent and excludes the election of an eventual Condorcet loser. It, however, does not necessarily...
Persistent link: https://www.econbiz.de/10005537252
We introduce and analyze the following variants of the Borda rule: median Borda rule,geometric Borda rule, Litvak’s method as well as methods based on forming linear combinations of entries in the preference outranking matrix. The properties we focus upon are the elimination of the Condorcet...
Persistent link: https://www.econbiz.de/10005698636
Intransitive, incomplete and discontinuous preferences are not always irrational, but may be based on quite reasonable considerations. Hence, we pursue the possibility to build a theory of social choice on an alternative foundation, viz. on individual reference tournaments. Tournaments have been...
Persistent link: https://www.econbiz.de/10011157049