Showing 1 - 10 of 21
differ. Power indices are a value concept for majority voting games which provide a means of analyzing this difference. This …
Persistent link: https://www.econbiz.de/10005368542
characterizations based on reduced games and consistency properties, our characterization requires that in the reduced game, the players …
Persistent link: https://www.econbiz.de/10005178302
This paper assesses the indices against a set of reasonable criteria in terms of shareholder voting power and the control of the corporation in a large cross section of British companies. Each company is a separate voting body and there is much variation in the distribution of voting shares...
Persistent link: https://www.econbiz.de/10005146829
competitive revelation principle for contracting games in which several principals compete for one privately informed agent. In …
Persistent link: https://www.econbiz.de/10005146848
paper uses new algorithms for computing power indices for large games. …
Persistent link: https://www.econbiz.de/10005146902
This paper considers a class of two-player dynamic games in which each player controls a one-dimensional variable which …
Persistent link: https://www.econbiz.de/10005146914
voting games. For K > 3 alternatives and n > 3 voters, we find sufficient conditions for the game to be dominance … large, "almost all" games can be classified as either DS or not DS. If the game is DS, a Condorcet Winner always exists when …
Persistent link: https://www.econbiz.de/10005747062
differentiation and the cartel size, to predict endogenous cartels and to carry out a welfare analysis. Both repeated and static games …
Persistent link: https://www.econbiz.de/10005747068
This paper outlines the issues relevant to the operation of lottery games. We consider how such games should be … designed, what a portfolio of games might look like, how the operator should be regulated, how spending on lottery games should … be taxed, and what considerations are relevant to the use of the revenue from such games. …
Persistent link: https://www.econbiz.de/10005747083
We introduce the framework of noncooperative pregames and demonstrate that for all games with sufficiently many players …
Persistent link: https://www.econbiz.de/10005747143