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This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
In this paper an attempt has been taken to describe various types of voting system and manipulation of them. French philosophers Marquis de Condorcet (1743-1794) and Jeans-Charles Borda (1733-1799) introduced modern voting system. Duncan Black first introduced the manipulation of voting in 1958...
Persistent link: https://www.econbiz.de/10011260588
The majority rule and the hierarchically dictatorial rule are both characterized when preferences are defined over two alternatives. The majority rule is characterized in terms of seven axioms. The hierarchically dictatorial rule is characterized in terms of six of these seven axioms and the...
Persistent link: https://www.econbiz.de/10008550052
The Economic Origins of Dictatorship and Democracy, the poor have no incentive for regime transformation and authoritarian …
Persistent link: https://www.econbiz.de/10004976968
This paper investigates the effect of inequality on economic growth in nondemocratic regimes. We provide a model where a self-interested ruler chooses an institution that constrains the policy choice of the ruler. The ruler must care about the support share of citizens to keep power. Under an...
Persistent link: https://www.econbiz.de/10011110073
compared with the alternative income. It is regressive in a dictatorship and Progressive in a democracy considering the level …
Persistent link: https://www.econbiz.de/10011113825
became clear that a change of regime through the ballot box was impossible, in view of the consolidation of this dictatorship …
Persistent link: https://www.econbiz.de/10005790182
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
Given the framework introduced by Dutta and Sen (2012), this paper offers a comprehensive analysis of (Nash) implementation with partially honest agents when there are three or more participants. First, it establishes a condition which is necessary and sufficient for implementation. Second, it...
Persistent link: https://www.econbiz.de/10011258792
of individuals’ preferences will not satisfy transitivity, indifference to irrelevant alternatives and non-dictatorship …
Persistent link: https://www.econbiz.de/10011259154