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The paper studies a behavioral learning process where an agent plays, at each period, an action with a probability which is proportional to the cumulative utility he got in the past with that action. The so-called CPR learning rule and the dynamic process it induces are formally stated and...
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In this paper, concepts from the theory of electoral competition are applied to the classical problem of dividing one unit of a homogeneous good. If the Uncovered set selects almost all divisions, other concepts (Minimal Covering set, Bipartisan set) predict that very unequal divisions are not...
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In this paper we propose a theory of individual moral consistency and we examine some consequences of this theory in particular contexts. Our notion of individual moral consistency is interpreted as a means for 'laundering' individula objectives that are amalgamated into collective judgements by...
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Within this framework of pure redistriubtion (dividing one unit of a homogeneous good among identical individuals), the paper analyses the redistributions that arise from Downsian two-party electoral competition. It appears that the strategic behavior of vote-maximizing parties lead them to...
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