Showing 1 - 10 of 12
This paper proposes a reform for school allocation procedures in order to help integration policies reach their objective. For this purpose, we suggest the use of a natural two-step mechanism. The (stable) first step is introduced as an adaptation of the deferred-acceptance algorithm designed by...
Persistent link: https://www.econbiz.de/10009652489
In this paper, it is shown that, under certain conditions on a preference relation defined on a set X, there exists a numerical representation by means of set-valued real functions. This kind of representation extends the usual utility function as well as the representation by means of two real...
Persistent link: https://www.econbiz.de/10004972949
This paper deals with the existence and properties of the demand correspondence when agents' preferences are pseudotransitive. It is shown that a consumption plan belongs to the demand mapping if and only if it is a maximizer of a real-valued weak utility function. Further properties, as...
Persistent link: https://www.econbiz.de/10008557123
Following the work of Bandyopadhyay and Sengupta, we analyze the rationalization of a choice function in terms of the revealed preference but in a more general context: choice sets with a continuum of alternatives. Firstly it is proved that some results which are verified in the finite case are...
Persistent link: https://www.econbiz.de/10008557128
A new solution concept to monotonic cooperative games with nontransferable utility is introduced. This proposal, called the coalitional equal-loss solution, is based on the idea that players withing a coalition should have equal losses from a point of maximum expectations. The proposal...
Persistent link: https://www.econbiz.de/10008542849
A weaker than usual continuity condition for acyclic preferences is introduced. For preorders this condition turns out to be equivalent to lower continuity, but in general this is not true. By using this condition, a numerical representation which is upper semicontinuous is obtained. This fact...
Persistent link: https://www.econbiz.de/10008542854
Tournaments are complete and asymmetric binary relations. This type of binary relation rules out the possibility of ties or indifferences which are common in different contexts. In this work we generalize, from a normative point of view, some important tournaments solutions (top cycle, uncovered...
Persistent link: https://www.econbiz.de/10008542872
The existence of maximal elements for binary preference relations is analyzed without imposing transitivity or convexity conditions. From each preference relation a new acyclic relation is defined in such a way that some maximal elements of this new relation characterize maximal elements of the...
Persistent link: https://www.econbiz.de/10008550437
In this paper a numerical representation of preferences by means of subsets of the real line is proposed. This representation turns out to be natural for partial orderings. Some results on this representation, extending those for utility functions and pairwise representations, are provided for...
Persistent link: https://www.econbiz.de/10008550438
Choice functions on tournaments always select the maximal element (Condorcet winner), provided they exist, but this property does not hold in the more general case of weak tournaments. In this paper we analyze the relationship between the usual choice functions and the set of maximal elements in...
Persistent link: https://www.econbiz.de/10005212561