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This paper surveys the literature on strategy-proofness from a historical perspective. While I discuss the connections with other works on incentives in mechanism design, the main emphasis is on social choice models. This article has been prepared for the Handbook of Social Choice and Welfare,...
Persistent link: https://www.econbiz.de/10010773120
This paper surveys the literature on strategy-proofness from a historical perspective. While I discuss the connections with other works on incentives in mechanism design, the main emphasis is on social choice models. This article has been prepared for the Handbook of Social Choice and Welfare,...
Persistent link: https://www.econbiz.de/10008584608
productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10005013941
productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10011092305
The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically … taste is central enough, the range of possible values for the average voting outcome is narrower than the corresponding … range for majority voting. For instance, if the average taste is at 1/2, the limit equilibrium outcome is this value plus or …
Persistent link: https://www.econbiz.de/10005292385
The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically … taste is central enough, the range of possible values for the average voting outcome is narrower than the corresponding … range for majority voting. For instance, if the average taste is at 1/2, the limit equilibrium outcome is this value plus or …
Persistent link: https://www.econbiz.de/10011166480
Properties of an average voting rule - the outcome being some weighted average of votes – are investigated, with … particular attention to its ability to protect minorities. The unique average voting outcome is characterized with a median … protected by a switch in voting rule if the voting outcome becomes closer to the median bliss point of the minority. A …
Persistent link: https://www.econbiz.de/10005512019
This paper examines, both theoretically and empirically, the effect of social networks and belonging to minority groups (or race) on the probability of winning in reality television shows. We develop a theoretical model that studies viewer behavior by presenting a framework of competition...
Persistent link: https://www.econbiz.de/10011120404
This paper examines, both theoretically and empirically, the effect of social networks and belonging to minority groups (or race) on the probability of winning in reality television shows. We develop a theoretical model that studies viewer behavior by presenting a framework of competition...
Persistent link: https://www.econbiz.de/10008466030
Intergenerational conflicts may arise when interests of different age groups do not align. We examine cross-country data to find evidence for this conflict in OECD countries. We derive our results from a FGLS estimation model, which is complemented by a System-GMM estimation. Data covers a panel...
Persistent link: https://www.econbiz.de/10010902043