Showing 1 - 10 of 76
We build a political economy model of state policy choice highlighting the challenges to breaking barriers to the adoption of inclusive policies in Africa. We highlight necessary and sufficient conditions for a political leader to gain from implementing exclusive policies: (i) Implementing...
Persistent link: https://www.econbiz.de/10009421725
Récemment, un nouveau cadre théorique d'analyse s'est développé dans le but d'analyser les comportements des ménages avec deux conjoints. Cette approche, qualifiée de modèle collectif, suppose que chaque conjoint a des préférences individuelles et que les choix du ménage sont...
Persistent link: https://www.econbiz.de/10005696301
We analyze an alternative to the standard rationalizability requirement for observed choices by considering non-deteriorating selections. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition to...
Persistent link: https://www.econbiz.de/10005545650
Although the theory of greatest-element rationalizability and maximal-element rationalizability under general domains and without full transitivity of rationalizing relations is well-developed in the literature, these standard notions of rational choice are often considered to be too demanding....
Persistent link: https://www.econbiz.de/10005731966
Although the theory of greatest-element rationalizability and maximal-element rationalizability under general domains and without full transitivity of rationalizing relations is well-developed in the literature, these standard notions of rational choice are often considered to be too demanding....
Persistent link: https://www.econbiz.de/10008617022
We complete the development of a testing ground for axioms of discrete stochastic choice. Our contribution here is to develop new posterior simulation methods for Bayesian inference, suitable for a class of prior distributions introduced by McCausland and Marley (2013). These prior distributions...
Persistent link: https://www.econbiz.de/10010687592
We complete the development of a testing ground for axioms of discrete stochastic choice. Our contribution here is to develop new posterior simulation methods for Bayesian inference, suitable for a class of prior distributions introduced by McCausland and Marley (2013). These prior distributions...
Persistent link: https://www.econbiz.de/10011186236
We study the simple model of assigning indivisible and heterogenous objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. For this model, known as the house allocation model, we characterize the class of rules...
Persistent link: https://www.econbiz.de/10010883525
A choice function is backwards-induction rationalizable if there exists a finite perfect-information extensive-form game such that, for each subset of alternatives, the backwards-induction outcome of the restriction of the game to that subset of alternatives coincides with the choice from that...
Persistent link: https://www.econbiz.de/10010883529
In college admissions and student placements at public schools, the admission decision can be thought of as assigning indivisible objects with capacity constraints to a set of students such that each student receives at most one object and monetary compensations are not allowed. In these...
Persistent link: https://www.econbiz.de/10010933667