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We consider the allocation of a finite number of indivisible objects to the same number of agents according to an exogenously given queue.We assume that the agents collaborate in order to achieve an efficient outcome for society.We allow for side-payments and provide a method for obtaining...
Persistent link: https://www.econbiz.de/10011092641
weighted Lorenz-criterion as an inequality measure. It is shown that in general there is at most one such weighted egalitarian …
Persistent link: https://www.econbiz.de/10011090971
This paper explores the manner in which the structure of a social network constrains the level of inequality that can … networks and show that those with larger maximum independent sets can sustain greater levels of inequality. The intuition … for coalitional deviations. We also demonstrate that standard centrality measures do not consistently predict inequality …
Persistent link: https://www.econbiz.de/10011092255
This paper investigates how initial inequality can causally affect economic growth when moral hazard problems exist in … part, the negative relationship between initial inequality and long run growth is discovered, using cross-province data in … theoretical model empirically. Finally, we argue that this channel to bridge inequality and economic growth is more rural specific. …
Persistent link: https://www.econbiz.de/10011090401
Persistent link: https://www.econbiz.de/10011092774
We measure the contribution of fiscal decentralization to trust in government. Using repeated cross-country survey data of individuals on several measures of trust in govern- ment over the 1994-2007 period, we estimate an ordered response model of the government trust and fiscal decentralization...
Persistent link: https://www.econbiz.de/10011090404
We consider cooperative games with transferable utility (TU-games), in which we allow for a social structure on the set of players, for instance a hierarchical ordering or a dominance relation.The social structure is utilized to refine the core of the game, being the set of payoffs to the...
Persistent link: https://www.econbiz.de/10011091453
In this paper we introduce three-valued simple games as a natural extension<br/>of simple games. While simple games are used to evaluate single voting systems, three-valued simple games offer the opportunity for a simultaneous analysis of two different voting systems within the same parliamentary...
Persistent link: https://www.econbiz.de/10011268490
In this paper a new class of relaxed sequencing games is introduced: the class<br/>of Step out - Step in sequencing games. In this relaxation any player within a coalition is allowed to step out from his position in the processing order and to<br/>step in at any position later in the processing order....
Persistent link: https://www.econbiz.de/10011144428
A cooperative game with non-transferable utility (NTU-game) consists of a collection of payoffsets for the subsets of a nite set of players, for which it has to be determined how much payof each player must receive. The core of an NTU-game consists of all payoffvectors that are in the payoff set...
Persistent link: https://www.econbiz.de/10011144434