Showing 1 - 10 of 220
In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions) and underlying inequality in the distribution of private...
Persistent link: https://www.econbiz.de/10005555986
This paper generalizes previous existence results on unidimensional electoral competition, by extending the traditional two-party electoral game to the case where parties have mixed motivations, in the sense that they are interested in winning the election, but also in the policy implemented...
Persistent link: https://www.econbiz.de/10005118547
By reinterpreting Savage axioms as axioms of the social rationality over resource allocations, we derive a social …
Persistent link: https://www.econbiz.de/10005561029
If each member of a group assigns a certain probability to a hypothesis, what probability should the collective as a whole assign? More generally, how should individual probability functions be merged into a single collective one? I investigate this question in case that the individual...
Persistent link: https://www.econbiz.de/10005412461
Variations of bilateral aid flows are difficult to explain on the basis of official development objectives or recipient need. At the example of US aid to Pakistan, this paper suggests alternative political economic explanations, notably the relevance of ethnic lobbying and the relevance of US...
Persistent link: https://www.econbiz.de/10005119467
Most properties of binary relations considered in the decision literature can be expressed as the impossibility of certain ``configurations.'' There exists no condition of this form which would hold for a binary relation on a subset of a finite-dimensional Euclidean space if and only if the...
Persistent link: https://www.econbiz.de/10005407537
We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a simple model of trade, in which a natural resource like oil is contested by competing groups using real resources ('guns'). Thus, conflict is viewed as ultimately stemming from...
Persistent link: https://www.econbiz.de/10005408071
: there exists no judgment aggregation rule satisfying universal domain, collective rationality, anonymity and a new condition …
Persistent link: https://www.econbiz.de/10005408407
rules, we prove necessary and sufficient conditions under which their outcomes satisfy various rationality conditions. We … ones. While ensuring rationality, sequential rules may be path-dependent. We characterize path-independence and prove its …
Persistent link: https://www.econbiz.de/10005408431
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of pre-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...
Persistent link: https://www.econbiz.de/10005412451