Properties of an average voting rule - the outcome being some weighted average of votes – are investigated, with particular attention to its ability to protect minorities. The unique average voting outcome is characterized with a median formula which depends on the voters’ preferred...

The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically behave strategically. We evaluate the discrepancy between the average taste and the average vote. If the population is sufficiently large, it is possible to contruct approximations...

The preemptive role of capital is analysed in a class of two-player symmetric capital accumulation differential games with reversible investment. It is proved that, in the medium run, the firm with better initial condition exploits its advantage when the game features feedback substituability....

This paper provides sufficient conditions for the existence of pure strategy Nash equilibrium in a class of games of group formation. The use of potential allows for a characterisation of such an equilibrium.

This paper provides a normative appraisal of the Canadian equalization transfers system. For that sake, the two-dimensional dominance criteria introduced by Atkinson and Bourguignon(RES, 1982) are used to compare the distributions of private and public good before and after equalization...

The special issue of Annales d'Economie et Statistique presented here comes out of an international conference which was held in Marseilles (GREQAM) in June 1994 in connection with a programme of Commissariat General au Plan and with the support of ADRES. Sixty scholars, specialists in economic...

Restricting attention to quasi-linear utility functions, we examine in the paper the distributive incidence of income taxes used to finance the production of a single public good.

We present new conditions that guarantee the existence of mechanism with a unique or essentially unique equilibrium in auction and public goods problems with quasi-linear utility functions. These conditions bear only on the information structures of the agents.

This paper provides a comparison of 12 OECD countries on the basis of the (multidimensional) inequality in both disposable income and access to public goods. The public goods considered, measured at the regional level, are infant mortality and pupils/teacher ratios at public schools. The...