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We consider the problem of allocating heterogeneous objects to agents with money, where the number of agents exceeds that of objects. Each agent can receive at most one object, and some objects may remain unallocated. A bundle is a pair consisting of an object and a payment. An agent's...
Persistent link: https://www.econbiz.de/10014418154
How does salient public information affect voters' behavior? In a majoritarian voting game with common preferences … (regardless of accuracy). A simple lab experiment contradicts both hypotheses - subjects tend to follow public information when it … to the voting decision. These findings are important because the salience of public information is easily manipulable by …
Persistent link: https://www.econbiz.de/10012168608
In unrestricted combinatorial auctions, we put forward a mechanism that guarantees a meaningful revenue benchmark based on the possibilistic beliefs that the players have about each other’s valuations. In essence, the mechanism guarantees, within a factor of two, the maximum revenue that the...
Persistent link: https://www.econbiz.de/10011550604
We survey the results on representations of committees and constitutions by game forms that possess some kind of equilibrium strategies for each profile of preferences of the players. The survey is restricted to discrete models, that is, we deal with finitely many players and alternatives. No...
Persistent link: https://www.econbiz.de/10011771308
Although parties' preferences for office and policy goals have been featured by many rational choice models of party behavior and a majority of coalition theories, the literature still lacks a measure and a comprehensive analysis of how parties' preferences vary among parties and across...
Persistent link: https://www.econbiz.de/10012432541
This paper presents an experiment that evaluates the effect of financial incentives and complexity in political science … voting experiments. To evaluate the effect of complexity we adopt a level-k reasoning model concept. This model by Nagel [1 …, increasing payoff amounts does promote more strategic behavior in a significant manner. Our results show with complex voting …
Persistent link: https://www.econbiz.de/10010242048
Let 𝝫𝑛 be the set of the binary strategy-proof social choice functions referred to a group of n voters who are allowed to declare indifference between the alternatives. We provide a recursive way to obtain the set 𝝫𝑛+1 from the set 𝝫𝑛. Computing the cardinalities |𝝫𝑛|...
Persistent link: https://www.econbiz.de/10014418174
knowledge of the preference profile of the electorate, and preference cycles are limited. Both papers devise voting systems …
Persistent link: https://www.econbiz.de/10010422379
Team Tennis competitions produce aggregate scores for teams, and thus team rankings, based on head-to-head matchups of individual team members. Similar scoring rules can be used to rank any two groups that must be compared on the basis of paired elements. We explore such rules in terms of their...
Persistent link: https://www.econbiz.de/10011709207
This paper studies how the cost of delay and voting order affect agents' decisions in a unanimity voting mechanism …
Persistent link: https://www.econbiz.de/10014418159