Showing 1 - 7 of 7
In this paper, we define simple measures of two properties that social choice functions may embody in different degrees in public goods environments. First, a measure of solidarity is proposed such that Thomson's (1990) replacement monotonicity property is a particular case in which the full...
Persistent link: https://www.econbiz.de/10005157549
Dominant strategies truthful implementation of flexible social objectives involves the ability of the planner to alter the individual incentives in such a way that the externality imposed on society by each agent reporting a given type is fully internalized in the agent’s final payoff. In...
Persistent link: https://www.econbiz.de/10005063144
In this paper we introduce a new concept of solidarity in terms of reciprocity and characterize the set of social choice functions that are reciprocate (in both a strong and a weak sense), anonymous and efficient in a standard public good provision model when the agents have single-peaked...
Persistent link: https://www.econbiz.de/10005063147
The purpose of this paper is twofold: first, we propose a coherent model of implementation of ethical norms that we believe is both compatible with the rigorous decision analysis of game theory and with the well-established tradition of ethics in moral philosophy and argue that this kind of...
Persistent link: https://www.econbiz.de/10005063213
In this paper we propose a whole class of estimators (“clockwise repeated median estimators” or CRM) for the simple regression model that are immune to manipulation by the agents generating the data. Although strategic considerations affecting the stability of the estimated parameters in...
Persistent link: https://www.econbiz.de/10005187543
Clustering methods group individuals or objects based on information about their similarity or proximity. When the raw information to generate the clusters cannot be easily observed or verified, the clusters designer must rely on information reported on individuals behind the observations. When...
Persistent link: https://www.econbiz.de/10005650003
In this paper we propose to analyze the economic problem of allocating tasks on time in order to finish a complex project when information about tasks' duration and predating sequences of tasks is privately owned by the agents that undertake each task. In order to achieve the efficient...
Persistent link: https://www.econbiz.de/10005121326