Showing 1 - 10 of 218
Following the recent generalization of social choice in the literature on judgment aggregation, we extend the analysis of freedom of choice from sets of alternatives to sets of opinions. We establish the analogue of the cardinality based freedom of choice measure and suggest an alternative...
Persistent link: https://www.econbiz.de/10010889796
We present a straightforward proof of Arrow's Theorem. Our approach avoids some of the complexities of existing proofs and is meant to be transparent and easily followed.
Persistent link: https://www.econbiz.de/10010889803
Condorcet's paradox is one of the most prominent results in social choice theory. It says that there may not exist any alternative that a net majority prefers over every other alternative. When outcomes need not be deterministic alternatives, we show that a similar paradox still exists even if...
Persistent link: https://www.econbiz.de/10011212876
Using a panel of 24 OECD countries, we study the link between the autonomy of sub-national governments and the quality of governance of a country. The results show that fiscal autonomy worsens citizens' perceptions of governance quality. In particular, the delegation of policy responsibilities...
Persistent link: https://www.econbiz.de/10011278531
This study empirically explores the relationship between terrorism and the media in selected South Asian countries. Using Negative Binomial Regression, the results indicate that freedom of media has actually been used by militants to their benefit in inciting more terrorism in the region. Hence,...
Persistent link: https://www.econbiz.de/10011278533
In this short note, we first provide two rather straightforward proofs for the Muller - Satterthwaite theorem in the baseline cases of 2 person 3 alternatives, and 2 person n ≥ 3 alternatives. We also show that it suffices to prove the result in the special case of 3 alternatives (with...
Persistent link: https://www.econbiz.de/10011278577
This paper considers a contest with an endogenous prize, which is increasing in aggregate efforts of the players. Each player may have a different valuation of the prize and a different ability to convert expenditures to productive efforts. Under standard assumptions in the literature, we prove...
Persistent link: https://www.econbiz.de/10011278614
In the analysis of group identification, Kasher and Rubinstein (1997), Logique Analyse 160, 385-395, have shown that any method to aggregate the opinions of a group of agents about the individuals in the group that posses a specific attribute, such as race, nationality, profession, etc., must be...
Persistent link: https://www.econbiz.de/10011278634
The point of departure of this paper is that players in a contest may have mixed motives. On one hand, players have the interest of winning the contest and taking the prize. On the other hand, they could be better off taking part in a contest which implies some cooperative behaviour. This paper...
Persistent link: https://www.econbiz.de/10011278721
An adaptation of the Kemeny rule (Kemeny 1959) was proposed by Ratliff (2003) for committees elections. A Committee is a fixed-size subset of candidates. Ratliff (2003) showed that the elected committee under the rule he proposed is not always made of the top candidates of the Kemeny ranking. We...
Persistent link: https://www.econbiz.de/10011278737