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Persistent link: https://www.econbiz.de/10009500127
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
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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...
Persistent link: https://www.econbiz.de/10011569033
We present typical scenarios and general insights from a novel dynamic model of farsighted climate coalition formation involving market linkage and cap coordination, using a simple analytical model of the underlying cost-benefit structure. In our model, the six major emitters of CO2 can link...
Persistent link: https://www.econbiz.de/10009756287
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It is shown that each continuous transformation from Euclidean -space ( > 1) into Euclidean -space that preserves the equality of distances (that is, fulfils the implication is a similarity map. The case of equal dimensions already follows from the Beckman-Quarles Theorem
Persistent link: https://www.econbiz.de/10012925993
Different types of two- and three-dimensional representations of a finite metric space are studied that focus on the accurate representation of the linear order among the distances rather than their actual values. Lower and upper bounds for representability probabilities are produced by...
Persistent link: https://www.econbiz.de/10012926058
Actual individual preferences are neither complete (=total) nor antisymmetric in general, so that at least every must be an admissible input to a satisfactory choice rule. It is argued that the traditional notion of “indifference” in individual preferences is misleading and should be...
Persistent link: https://www.econbiz.de/10012926060
Standard macroeconomic models assume that households are rational in the sense that they are perfect utility maximizers, and explain economic dynamics in terms of shocks that drive the economy away from the steady-state. Here we build on a standard macroeconomic model in which a single rational...
Persistent link: https://www.econbiz.de/10012867306