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Inhaltsverzeichnis Zusammenfassung iii 1. Einführung 1 2....
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Die vorliegende Arbeit untersucht die Aufteilung eines Budgets auf mehrere öffentliche Güter mittels einer Abstimmung. Hierzu betrachten wir Abstimmungsregeln, unter denen jeder Agent eine Budgetaufteilung vorschlägt und dann aus diesen Vorschlägen eine Budgetaufteilung (Allokation) bestimmt...
Persistent link: https://www.econbiz.de/10012654078
This paper investigates fair (i.e., envy free and efficient) allocations in an overlapping generations economy without production and with two - period lived agents. We show that there exists a conflict between no-envy and efficiency when all generations have identical preferences. This conflict...
Persistent link: https://www.econbiz.de/10012938330
In this paper, we examine how men and women in mixed-gender unions change their allocation of time to housework in response to promotions and terminations in the labour market. Operating much like raises, such events have the potential to alter power dynamics within the household, as well as...
Persistent link: https://www.econbiz.de/10012961807
The belief that equality of demand and supply determines price and clears the market is universal. Shockingly, this belief is unfounded. It contradicts macro’s claim that equality of demand and supply determines output. It contradicts (new) monetary theory, which claims that equality of demand...
Persistent link: https://www.econbiz.de/10005413280
We study the problem of allocating a set of objects, e.g. houses, tasks, offices to a group of people having preferences over these objects. For various reasons, it often happens that more objects, sometimes fewer objects are available than initially planned and allocated. How should such...
Persistent link: https://www.econbiz.de/10014177591
Consider a population of citizens uniformly spread over the entire plane, that faces a problem of locating public facilities to be used by its members. The cost of every facility is financed by its users, who also face an idiosyncratic private access cost to the facility. We assume that the...
Persistent link: https://www.econbiz.de/10014049384
A private commodity is divided among agents with single peaked preferences over their share. A rationing method elicits individual peaks (demands); if the commodity is overdemanded (resp. underdemanded), no agent receives more (resp. less) than his peak. A fixed path rationing method allocates...
Persistent link: https://www.econbiz.de/10014223012
I consider a rational expectations framework in which attention-constrained individuals compete against each other and institutions. The model reconciles a set of empirical facts that cannot be simultaneously explained by standard theories: retail trader portfolios are highly correlated, retail...
Persistent link: https://www.econbiz.de/10013032023