Showing 1 - 10 of 19
This chapter introduces the author’s selected papers on the economics of coercion and conflict. It defines coercion and conflict and relates them. In conflict, adversaries make costly investments in the means of coercion. The application of coercion does not remove choice but limits it to...
Persistent link: https://www.econbiz.de/10010758408
differ. Power indices are a value concept for majority voting games which provide a means of analyzing this difference. This …
Persistent link: https://www.econbiz.de/10005368542
characterizations based on reduced games and consistency properties, our characterization requires that in the reduced game, the players …
Persistent link: https://www.econbiz.de/10005178302
This paper assesses the indices against a set of reasonable criteria in terms of shareholder voting power and the control of the corporation in a large cross section of British companies. Each company is a separate voting body and there is much variation in the distribution of voting shares...
Persistent link: https://www.econbiz.de/10005146829
competitive revelation principle for contracting games in which several principals compete for one privately informed agent. In …
Persistent link: https://www.econbiz.de/10005146848
paper uses new algorithms for computing power indices for large games. …
Persistent link: https://www.econbiz.de/10005146902
This paper considers a class of two-player dynamic games in which each player controls a one-dimensional variable which …
Persistent link: https://www.econbiz.de/10005146914
voting games. For K > 3 alternatives and n > 3 voters, we find sufficient conditions for the game to be dominance … large, "almost all" games can be classified as either DS or not DS. If the game is DS, a Condorcet Winner always exists when …
Persistent link: https://www.econbiz.de/10005747062
differentiation and the cartel size, to predict endogenous cartels and to carry out a welfare analysis. Both repeated and static games …
Persistent link: https://www.econbiz.de/10005747068
This paper outlines the issues relevant to the operation of lottery games. We consider how such games should be … designed, what a portfolio of games might look like, how the operator should be regulated, how spending on lottery games should … be taxed, and what considerations are relevant to the use of the revenue from such games. …
Persistent link: https://www.econbiz.de/10005747083