Showing 1 - 10 of 273
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/10010223052
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10011507661
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/10012031053
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/10012119755
What determines citizens satisfaction with the constitution in operation ? We make two contributions towards an answer to this important policy question. First, we place stronger emphasis than existing studies on quantitative interpretations of the importance of different factors. We use...
Persistent link: https://www.econbiz.de/10011507684
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/10014444047
We propose a model based on competitive markets in order to analyse an economy with several principals and agents. We model the principal-agent economy as a two-sided matching game and characterise the set of stable outcomes of this principal-agent matching market. A simple mechanism to...
Persistent link: https://www.econbiz.de/10011507906
only if they are top-choice monotone. In equilibrium, DA may implement allocations with justified envy. Specifically, it …
Persistent link: https://www.econbiz.de/10012698801
two alternatives (e.g., Myerson (1998)). We show that there always exists an efficient equilibrium under the simple … alternatives and the condition under which they exist. There is only one type of inefficient equilibrium with two alternatives. In … this equilibrium, voters vote unresponsively because they all vote for the same alternative. Under the same condition, the …
Persistent link: https://www.econbiz.de/10009127595
of conflict. In equilibrium, allocations are non-monotonic in the cost of mobility. Moreover, limited commitment with … respect to mobility gives rise to inefficient conflict in equilibrium. -- conflict ; inter-group mobility ; political …
Persistent link: https://www.econbiz.de/10009489032