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We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting body delegates decision-making to a subset of the members, as describes, e.g., the United Nations Security Council (UNSC). Three equity concepts are proposed: ex-ante...
Persistent link: https://www.econbiz.de/10010328764
This paper defines the concept of feedback Kant-Nash equilibrium for a discrete-time model of resource exploitation by …
Persistent link: https://www.econbiz.de/10012052835
Twenty years of negotiations over reform of the United Nations Security Council (UNSC) are yet to bear fruit. We use recent advances in the theory of a-priori voting power to present a formal quantitative appraisal of the structural reforms contained within eleven current reform proposals, and...
Persistent link: https://www.econbiz.de/10010398647
are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the …
Persistent link: https://www.econbiz.de/10012141081
This paper defines the concept of feedback Kant-Nash equilibrium for a discrete-time model of resource exploitation by …
Persistent link: https://www.econbiz.de/10012866318
are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the …
Persistent link: https://www.econbiz.de/10012860769
and varying individual preferences on players' strategies and equilibrium outcomes through numerical simulations of a …
Persistent link: https://www.econbiz.de/10010264274
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...
Persistent link: https://www.econbiz.de/10010273735
We develop a dynamic model in which a group collectively bargains with an external party. At each date the group makes an offer to the external party (the 'agent') in exchange for a concession. Group members hold heterogeneous preferences over agreements and are uncertain about the agent's...
Persistent link: https://www.econbiz.de/10014469548
only if they are top-choice monotone. In equilibrium, DA may implement allocations with justified envy. Specifically, it …
Persistent link: https://www.econbiz.de/10012799779