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theory, computational social choice, and fair division. It thus offers an interdisciplinary treatment of collective decision … making from an economic and computational perspective. Part I introduces to algorithmic game theory, focusing on both … noncooperative and cooperative game theory. Part II introduces to computational social choice, focusing on both preference …
Persistent link: https://www.econbiz.de/10012397920
This book presents a number of ideas for drawing up new rules to improve the functioning of democracies. The first part examines ways of combining incentive contracts with democratic elections. Such a judicious combination can alleviate a wide range of political failures without impairing the...
Persistent link: https://www.econbiz.de/10013520466
Voting Paradoxes and Their Probabilities -- Condorcet's Paradox and Group Coherence -- Other Incompability Paradoxes -- Other Voting Paradoxes -- Condorcet Efficiency and Social Homogeneity -- Coherence and the Efficiency Hypothesis -- Other Characteristics of Voting Rules -- The Significance of...
Persistent link: https://www.econbiz.de/10014015194
Representations of constitutions -- to Part I -- Constitutions, effectivity functions, and game forms -- Nash consistent representations -- Acceptable representations -- Strongly consistent representations -- Nash consistent representation through lottery models -- On the continuity of...
Persistent link: https://www.econbiz.de/10013522843
Approval Voting -- Going from Theory to Practice: The Mixed Success of Approval Voting -- Axiomatic Theory -- Collective Choice … axiomatic point of view; game theory and computer science have been used to scrutinize various strategic aspects; and political …
Persistent link: https://www.econbiz.de/10013522770
This monograph studies voting procedures based on the probability that paradoxical outcomes like the famous Condorcet Paradox might exist. It is well known that hypothetical examples of many different paradoxical election outcomes can be developed, but this analysis examines factors that are...
Persistent link: https://www.econbiz.de/10014019737
Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...
Persistent link: https://www.econbiz.de/10012819094
Investors are trying to generate excess returns through active investment strategies. Since the outbreak of the financial crisis, investors face a situation where increased risks are accompanied by falling key interest rates. An optimal portfolio in terms of risk and return becomes a perpetual...
Persistent link: https://www.econbiz.de/10012819111
theory, the text provides substantive examples of the application of agent-based models in the field of demography. This work …
Persistent link: https://www.econbiz.de/10012692246
Dieses Open-Access-Buch erläutert ein Handlungsmodell zur Gestaltung sozialer Versorgung. Das Modell beinhaltet 16 Gestaltungsaufgaben, die sich an den wesentlichen Planungs- und Steuerungsaufgaben sozialer Versorgung und den vier Phasen eines Managementkreislaufes (Analyse,...
Persistent link: https://www.econbiz.de/10012692805