Showing 1 - 7 of 7
anonymity, continuity, monotonicity, and a version of welfarism - characterizes a standard social welfare function defined over …
Persistent link: https://www.econbiz.de/10012010032
monotonicity holds. The conditions in our main result are both necessary and sufficient for global stability of monotone economies …
Persistent link: https://www.econbiz.de/10011599516
monotonicity. Efficiency: redistribution has no cost. Symmetry: members of the society with the same performance obtain the same … reward after redistribution. Monotonicity: whenever both the performance of a certain member of the society as well as the …
Persistent link: https://www.econbiz.de/10011599557
We propose a class of decisive collective choice rules that rely on a linear ordering to partition the majority relation into two acyclic relations. The first of these relations is used to pare down the set of the feasible alternatives into a shortlist while the second is used to make a final...
Persistent link: https://www.econbiz.de/10014536960
such a model, (1) we characterize dominant strategy incentive compatible mechanisms using a monotonicity property; (2) we …
Persistent link: https://www.econbiz.de/10013188996
monotonicity. Efficiency: redistribution has no cost. Symmetry: members of the society with the same performance obtain the same … reward after redistribution. Monotonicity: whenever both the performance of a certain member of the society as well as the …
Persistent link: https://www.econbiz.de/10010936498
monotonicity holds. The conditions in our main result are both necessary and sufficient for global stability of monotone economies …
Persistent link: https://www.econbiz.de/10010773109