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Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...
Persistent link: https://www.econbiz.de/10011112692
Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...
Persistent link: https://www.econbiz.de/10008530713
In their seminal work, The Calculus of Consent (1962), Buchanan and Tullock develop a decision model which embodies …
Persistent link: https://www.econbiz.de/10011257880
the cooperative outcome, because cooperation is a weakly dominant strategy independent of the decision rule and the number …
Persistent link: https://www.econbiz.de/10005835685
weights as an imaginary voter submitting preferences over alternatives in the form of an ordered list. With this voting …
Persistent link: https://www.econbiz.de/10011107625
executive (President) are riddled with voting paradoxes. Superior to a single vote are some methods with preference orderings …
Persistent link: https://www.econbiz.de/10008533262
This paper analyses whether freedom of decision as a crucial precondition of normative deci-sion theory is questioned … decision as the necessary basis for handling ethical questions in business practice, rather then as a limitation to this end … plain determination on the one extreme and complete autonomy on the other. It supports the proposition in decision theory …
Persistent link: https://www.econbiz.de/10005649761
This article offers an approach to the general structure of the rhetoric in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly and...
Persistent link: https://www.econbiz.de/10009372536
This article offers an approach to the general structure of the controversy in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly...
Persistent link: https://www.econbiz.de/10008533260
I propose a dynamic game model that is consistent with the paradigm of bounded rationality. Its main advantages over the traditional approach based on perfect rationality are that: (1) the strategy space is a chain-complete partially ordered set; (2) the response function is certain...
Persistent link: https://www.econbiz.de/10011196421