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Given the choice sets produced by a pair of Condorcet social choice correspondences, the following interesting questions arise. Does one of these sets always contain the other? If not, do they always intersect or, on the contrary, can they have an empty intersection? Laffond, Laslier, and Le...
Persistent link: https://www.econbiz.de/10005670351
A voting situation, in which voters are asked to rank all candidates pair by pair, induces a tournament and a weighted tournament, in which the strenght of the majority matters. Each of these two tournaments induces in turn a two-player zero-sum game for which different solution concepts can be...
Persistent link: https://www.econbiz.de/10005696425
We develop a model where families consist of one parent and one child, with children diering in income and all agents having the same probability of becoming dependent when old. Young and old individuals vote over the size of a social long term care transfer program, which children complement...
Persistent link: https://www.econbiz.de/10011272148