Showing 1 - 10 of 9,057
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body which uses weighted voting. Although the approach, based on co-operative game theory, has been known for a long time it has not been very widely applied, in part because of the difficulty of...
Persistent link: https://www.econbiz.de/10005368783
A set of agents stand to receive a service. No two agents can be served simultaneously. A Queue has been organized, and agents having to wait should receive monetary compensations. We characterize the rule assigning positions in the queue and compensations corresponding to the payoffs...
Persistent link: https://www.econbiz.de/10005776078
By generalizing the standard solution for 2-person games into n-person cases, this paper develops a new solution concept for cooperative games: the consensus value.We characterize the consensus value as the unique function that satisfies efficiency, symmetry, the quasi dummy property and...
Persistent link: https://www.econbiz.de/10011092734
Consider a group of individuals who have to collectively choose an outcome from a finite set of feasible alternatives. A scoring or positional rule is an aggregation procedure where each voter awards a given number of points, Wj, to the alternative she ranks in Jth position in her preference...
Persistent link: https://www.econbiz.de/10005625607
Probabilistic measures of a priori voting power are useful tools to asses actors' influence on collective decision-making either for the purpose of designing a voting organ or to model particular policy cases. This paper makes an attempt to reduce a dynamic voting process into a cooperative...
Persistent link: https://www.econbiz.de/10005114157
Each solution concept on a class of normal form games with a given outcome space can be regarded as a social choice correspondence. Here we present a general method of constructing compound solution concepts out of given ones by means of games of pretension.
Persistent link: https://www.econbiz.de/10005656789
The condorcet winner in an lection is the candidate who would be able to defeat all other candidates in a series pairwise elections. The Condorcet efficiency of a voting procedure is the conditional probability that it will elect the Condorcet winner, given that a Condorcet exists. The study...
Persistent link: https://www.econbiz.de/10005661106
This paper studies a generalization of the consensus value (cf.Ju, Borm and Ruys (2004)) to the class of partition function form games.The concepts and axioms, related to the consensus value, are extended.This value is characterized as the unique function that satisfies efficiency, complete...
Persistent link: https://www.econbiz.de/10011091966
We study the effect of heterogeneous growth in demand on resource extraction. Using the Great Fish War framework of Levhari and Mirman (1980), we show that heterogeneity in demand growth has a profound effect on both cooperative and non-cooperative solutions.
Persistent link: https://www.econbiz.de/10010886742