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We report results from two different settings of a 3-player ultimatum game. Under the monocratic rule, a player is randomly selected to make an offer to two receivers. Under the democratic rule, all three players make a proposal, and one proposal is then extracted. A majority vote is required to...
Persistent link: https://www.econbiz.de/10015217552
Zeno's paradoxes of motion, which claim that moving from one point to another cannot be accomplished in finite time, seem to be of serious concern when moving towards an agreement is concerned. Parkinson's Law of Triviality implies that such an agreement cannot be reached in finite time. By...
Persistent link: https://www.econbiz.de/10015222043
In the proto-coalition model of government formation, formateur F appoints a proto-coalition and asks its members … whether to start negotiating a coalition contract. If all accept, then the proto-coalition forms and starts negotiating …; otherwise a caretaker government assumes office. I extend this model by allowing F to revise the chosen proto-coalition after …
Persistent link: https://www.econbiz.de/10015223114
The paper discusses opportunities to utilize the series of micro-blogs as provided by the Twitter in observation of opinion dynamics. The spontaneity of tweets is more, as the service is attached more to the mobile communications. The extraction of information in the series of tweets is...
Persistent link: https://www.econbiz.de/10015224087
We show and explain how generosity beyond that explainable by social preferences can manifest in bargaining. We analyze an ultimata game with two parties vying to coalesce with a randomly chosen proposer. They simultaneously demand shares of the surplus. The proposer must then make an offer that...
Persistent link: https://www.econbiz.de/10015228653
In view of behavioral patterns left unorganized by current social preference theories, we propose a theory of reference … effects that are conditional on whether or not payoffs meet reference points. We verify the theory first by experimentally …
Persistent link: https://www.econbiz.de/10015240525
Most important results in Social Choice Theory concern impossibility theorems. They claim that no function, as complex …, adopting new voting ideas can push back those limits. Some years ago, such a work was boosted by Balinski and Laraki on the … candidates by voters. Recently, Ngoie and Ulungu have proposed a new voting function – defined in both Balinski and Laraki …
Persistent link: https://www.econbiz.de/10015247505
intuitive way, weaknesses of a single member voting system. This paper characterizes congolese voters’ behavior by province and …
Persistent link: https://www.econbiz.de/10015247700
The purpose of this paper is to have in a simple and detailed way the significant results in theory of social choice …
Persistent link: https://www.econbiz.de/10015247732
Consider a government and a non-governmental organization (NGO) who can collaborate to provide a public good using physical assets. Who should be the owner of the assets if the NGO can make non-contractible investments? In the literature it has been argued that whoever has a larger valuation of...
Persistent link: https://www.econbiz.de/10015213665