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The nineteenth century was a time of substantial changes in the patterns of economic growth. This was also a period of significant fluctuations in the structure of and allocation of political rights. Through successive franchise extensions, democracy expanded dramatically, giving birth to the...
Persistent link: https://www.econbiz.de/10010851332
The purpose of this paper is two-fold. First, we develop the measurement theory of polarization for the case in which … polarization indices that can be used to compare polarization across time or entities. Distribution-free statistical inference … results are also derived in order to ensure that the orderings of polarization across entities are not simply due to sampling …
Persistent link: https://www.econbiz.de/10010547136
function of the Gini coefficient, the Herfindahl-Hirschman fractionalization index, and a specific measure of polarization due …
Persistent link: https://www.econbiz.de/10010547270
We prove a “General Manipulability Theorem” for general one-to-one two-sided matching markets with money. This theorem implies two folk theorems, the Manipulability Theorem and the General Impossibility Theorem, and provides a sort of converse of the Non-Manipulability Theorem (Demange,...
Persistent link: https://www.econbiz.de/10010851337
We propose a simple criterion to compare generalized median voter schemes according to their manipulability. We identify three necessary and sufficient conditions for the comparability of two generalized median voter schemes in terms of their vulnerability to manipulation. The three conditions...
Persistent link: https://www.econbiz.de/10010851361
We observe that three salient solutions to matching, division and house allocation problems are not only (partially) strategy-proof, but (partially) group strategy-proof as well, in appropriate domains of definition. That is the case for the Gale-Shapley mechanism, the uniform rule and the top...
Persistent link: https://www.econbiz.de/10010851415
A multiple-partners assignment game with heterogeneous sells and multi-unit demands consists of a set of sellers that own a given number of indivisible units of (potentially many different) goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010851453
We study cooperative and competitive solutions for a many- to-many generalization of Shapley and Shubik (1972)s assignment game. We consider the Core, three other notions of group stability and two alternative definitions of competitive equilibrium. We show that (i) each group stable set is...
Persistent link: https://www.econbiz.de/10011019700
We study two cooperative solutions of a market with indivisible goods modeled as a generalized assignment game: Set-wise stability and Core. We first establish that the Set-wise stable set is contained in the Core and it contains the non-empty set of competitive equilibrium payo¤s. We then...
Persistent link: https://www.econbiz.de/10011019707
We report results from a randomized policy experiment designed to test whether increased audit risk deters rent extraction in local public procurement and service delivery in Brazil. Our estimates suggest that temporarily increasing annual audit risk by about 20 percentage points reduced the...
Persistent link: https://www.econbiz.de/10010950611