informative voting may be incompatible with equilibrium. We analyze an anonymous randomized majority rule that has a unique … different values to the two types of mistake that may occur. Most voting rules have a plethora of uninformative equilibria, and … equilibrium. This equilibrium is strict, votes are informative, and the equilibrium implements the optimal decision with …

Under evaluative voting, the voter freely grades each candidate on a numerical scale, with the winning candidate being … determined by the sum of the grades they receive. This paper compares evaluative voting with the two-round system, reporting on … evaluative voting rules, and the specific pattern of strategic voting under the official, two-round voting rule. …

This paper presents an equilibrium model in a pure exchange economy when investors have three possible sources of … impact of investors heterogeneity on the properties of the equilibrium. In particular, we analyze the consumption shares, the …

Focusing mainly on equilibrium existence results, this paper emphasizes the role of fixed point theorems in the … development of general equilibrium theory, as well for its standard definition as for some of its extensions. …

coalition structure, we show that the stability index relative to the equilibrium, to the beta core and to the exact core is a …

Unlike partial equilibrium analysis which study the equilibrium of a particular market under the clause "ceteris … paribus" that revenues and prices on the other markets stay approximately unaffected, the ambition of a general equilibrium … model is to analyze the simultaneous equilibrium in all markets of a competitive economy. Definition of the abstract model …

finish by studying the existence and the unicity of the equilibrium in the sense of Lucas or Romer. …