This paper studies the ethical underpinnings of two social criteria which are prominent in the literature dealing with the problem of evaluating allocations of several consumption goods in a population with heterogeneous preferences. The Pazner-Schmeidler criterion (Pazner-Schmeidler [22]) and...

For over a quarter of a century, the use of utility information based upon interpersonal comparisons has been seen as an escape route from the Arrow Impossibility Theorem. This paper critically examines this informational basis approach to social choice. Even with comparability of differences...

This paper examines the impact of mass media and information and communications technologies (ICT) as knowledge-based infrastructures on economic development. The results strongly suggest that both mass media and ICT penetration are negatively associated with corruption. This result holds across...

We propose a new, easy-to-implement, class of payment rules, "Reference Rules", to make core-selecting package auctions more robust.  Small, almost-riskless, profitable deviations from "truthful bidding" are often easy for bidders to find under currently-used payment rules.  Reference Rules...

We generalize the class of apex game by combining a winning coalition of symmetric minor players with a collection of apex sets which can form winning coalitions only together with a fixed quota of minor players.  By applying power indices to these games and their subgames we generate players'...

We study evolutionary dynamics in assignment games where many agents interact anonymously at virtually no cost.  The process is decentralized, very little information is available and trade takes place at many different prices simultaneously.  We propose a completely uncoupled learning process...

The World's nations have yet to reach a truly effective treaty to control the emission of greenhouse gases.  The importance of compatibility with private incentives of individual countries has been acknowledged (at least by game theorists) in designing climate policies for the post-Kyoto...

Allocations familiales et autres transferts cibles sont generalement verses aux meres, sur la base de l`observation qu`augmenter la part des ressources controlees par les meres conduit a ameliorer le bien-etre des enfants. Nous recensons un ensemble de resultats empiriques qui etablisent le...

We derive distributional effects for a non-cooperative alternative to the unitary model of household behaviour. We consider the Nash equilibria of a voluntary contributions to public goods game. Our main result is that, in general, the two partners either choose to contribute to different public...

This note introduces transferable utility cooperative games with multiple membership, extending the scope of cooperative game theory to economic environments featuring externalities and membership in multiple coalitions.  This wider class of games generalises games in characteristic and...