Showing 1 - 8 of 8
All existing impossibility theorems on judgment aggregation over logically connected propositions have one of two restrictions: they either use a controversial systematicity condition or apply only to special agendas of propositions with rich logical connections. An important open question is...
Persistent link: https://www.econbiz.de/10005408407
Within social choice theory, the new field of judgment aggregation aims to merge many individual sets of judgments on logically interconnected propositions into a single collective set of judgments on these propositions. Commonly, judgment aggregation is studied using standard propositional...
Persistent link: https://www.econbiz.de/10005412484
In the theory of judgment aggregation on connected propositions, an important question remains open: Which aggregation rules are manipulable and which are strategy-proof? We define manipulability and strategy- proofness in judgment aggregation, characterize all strategy-proof aggregation rules,...
Persistent link: https://www.econbiz.de/10005561002
This paper extends the analogy previously established by Leamer (1978a), between a Bayesian inference problem and an economics allocation problem, and shows that posterior modes can be interpreted as optimal outcomes of a bargaining game. This bargaining game, over a parameter value, is played...
Persistent link: https://www.econbiz.de/10005119185
In a recent edition of Perspectives on Politics, Larry Bartels examines the high levels of support for tax cuts signed into law by President Bush in 2001. In so doing, he characterizes the opinions of “ordinary people” as being based on “simple-minded and sometimes misguided considerations...
Persistent link: https://www.econbiz.de/10005556921
The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian pension reform and an analysis of effects of the pension fund deficit on sustainability of Slovenian public finances with a dynamic OLG general equilibrium model. It has been...
Persistent link: https://www.econbiz.de/10005125636
This work considers effects of energy market liberalisation in the countries of the former Soviet Union (FSU). Our analysis is based on a computable general equilibrium (CGE) model called the Global Trade Analysis Project (GTAP). This specialised model makes it possible to evaluate effects in a...
Persistent link: https://www.econbiz.de/10005412653
In this paper, we investigate incentives other than altruism that developed countries have in improving technologies specific to developing countries. We propose a simple model of international trade between two regions, in which all individuals have similar preferences over an inferior good and...
Persistent link: https://www.econbiz.de/10005118686