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In this paper we show how theorems of Borsuk-Ulam and Tucker can be used to construct a consensus-halving: a division of an object into two portions so that each of n people believe the portions are equally split. Moreover, the division takes at most n cuts, which is best possible. This extends...
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Are there collective decision methods which (i) give everyone, including minorities, an equal share of effective power even if voters act strategically, (ii) promote consensus and equality, rather than polarization and inequality, and (iii) do not favour the status quo or rely too much on...
Persistent link: https://www.econbiz.de/10013242304
In this paper we show how theorems of Borsuk-Ulam and Tucker can be used to construct a consensus-halving: a division of an object into two portions so that each of n people believe the portions are equally split. Moreover, the division takes at most n cuts, which is best possible. This extends...
Persistent link: https://www.econbiz.de/10011569033
We introduce the following basic voting method: voters submit both a “consensus” and a “fall-back” ballot. If all “consensus” ballots name the same option, it wins; otherwise, a randomly drawn “fall-back” ballot decides. If there is one potential consensus option that everyone...
Persistent link: https://www.econbiz.de/10014177417
Various claims have been made by economist and others as to what caused the Asian crisis, as well as what caused its spread through much of East Asia. Here, we perform some initial testing of four hypotheses, including the dominant role of portfolio investors and hedge funds in initiating and...
Persistent link: https://www.econbiz.de/10005305029
This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...
Persistent link: https://www.econbiz.de/10005305030