Showing 1 - 10 of 599
this I build a model of strategic voting with incomplete information and analyze different ideological profiles of the …
Persistent link: https://www.econbiz.de/10008614988
The equivalence of markets and games concerns the relationship between two sorts of structures that appear … fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with … concave utility functions generate totally balanced games where the players in the game are the participants in the economy …
Persistent link: https://www.econbiz.de/10009328147
This paper aims at presenting a new voting function which is obtained in Balinski-Laraki's framework and benefits mean …, neutrality, anonymity, monotonicity, and Arrow's independence of irrelevant alternatives. It also generalizes approval voting …
Persistent link: https://www.econbiz.de/10011274903
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10009220107
of two mechanisms for deciding between them: majority voting and shouting. In majority voting, the choice with the most … find that it is optimal to use voting in the case where n is large and value for each particular alternative of the voters …
Persistent link: https://www.econbiz.de/10008470477
Zeno's paradoxes of motion, which claim that moving from one point to another cannot be accomplished in finite time, seem to be of serious concern when moving towards an agreement is concerned. Parkinson's Law of Triviality implies that such an agreement cannot be reached in finite time. By...
Persistent link: https://www.econbiz.de/10008602750
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … experimental findings from public goods and other coordination games, where communication always enhances efficiency and often …
Persistent link: https://www.econbiz.de/10011113027
In the paper, we are encouraged to investigate the effect of game structure imposed on the minimum-time needed to economic maturity in a dynamic macroeconomic model. Indeed, we have established a basic framework for the comparative study of the cooperative stochastic differential game and...
Persistent link: https://www.econbiz.de/10011113592
We present a costly voting model in which each voter has a private valuation for their preferred outcome of a vote …. When there is a zero cost to voting, all voters vote and hence all values are counted equally regardless of how high they … may be. By having a cost to voting, only those with high enough values would choose to incur this cost. Hence, the outcome …
Persistent link: https://www.econbiz.de/10008562651
We distinguish between (i) voting systems in which voters can rank candidates and (ii) those in which they can grade … candidates, such as approval voting, in which voters can give two grades—approve (1) or not approve (0)—to candidates. While two …
Persistent link: https://www.econbiz.de/10011212580