Showing 1 - 10 of 372
We apply a fallback model of coalition formation to decisions of the U.S. Supreme Court, focusing on the seven natural courts, which had the same members for at least two terms, between 1969 and 2009. The predictions of majority coalitions on each of the courts are generally bourn out by the 5-4...
Persistent link: https://www.econbiz.de/10009004820
The paper discusses opportunities to utilize the series of micro-blogs as provided by the Twitter in observation of opinion dynamics. The spontaneity of tweets is more, as the service is attached more to the mobile communications. The extraction of information in the series of tweets is...
Persistent link: https://www.econbiz.de/10008695068
Gale and Shapley (1962) proposed the deferred-acceptance algorithm for matching (i) college applicants and colleges and (ii) men and women. In the case of the latter, it produces either one or two stable matches whereby no man and woman would prefer to be matched with each other rather than with...
Persistent link: https://www.econbiz.de/10011109567
In this paper, we study the long-played, yet until now unmodeled, college admissions game over early admissions plans using a many-to-one matching framework. We characterize the equilibrium strategies of each college involving its early quota out of its total capacity, and the set of admissible...
Persistent link: https://www.econbiz.de/10005789464
We study students placement in Egyptian colleges under the current demand/supply placement mechanism implemented in Egypt (e-mechanism). We show that the e-mechanism is not Pareto efficient nor strategy proof and, moreover, it can not be improved to accommodate Pareto efficiency nor strategy...
Persistent link: https://www.econbiz.de/10008566432
This paper studies a generalization of the well known house allocation problem in which agents may own fractions of different houses summing to an arbitrary quantity, but have use for only the equivalent of one unit of a house. It departs from the classical model by assuming that arbitrary...
Persistent link: https://www.econbiz.de/10008490107
In this paper, we study many-to-one matching (hospital-intern markets) with an aftermarket. We analyze the Nash equilibria of capacity allocation games, in which preferences of hospitals and interns are common knowledge and every hospital determines a quota for the regular market given its total...
Persistent link: https://www.econbiz.de/10005619519
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10005835397
`Relative Utilitarianism' (RU) is a version of classical utilitarianism, where each person's utility function is rescaled to range from zero to one. As a voting system, RU is vulnerable to preference exaggeration by strategic voters. The Groves-Clarke Pivotal Mechanism elicits truthful...
Persistent link: https://www.econbiz.de/10005835800
Maximal elements of a binary relation on compact subsets of a metric space define a choice function. Necessary and sufficient conditions are found for: (1) the choice function to have nonempty values and be path independent; (2) the choice function to have nonempty values provided the underlying...
Persistent link: https://www.econbiz.de/10005836047