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We use the citizen-candidate model to study electoral outcomes under the Alternative Vote rule, a voting method often proposed as a replacement to the prevalent Plurality rule. We show that, like the Plurality rule, the Alternative Vote rule deters multiple candidate clusters and the presence of...
Persistent link: https://www.econbiz.de/10014137853
We introduce the prediction value (PV) as a measure of players' informational importance in probabilistic TU games. The latter combine a standard TU game and a probability distribution over the set of coalitions. Player i's prediction value equals the difference between the conditional...
Persistent link: https://www.econbiz.de/10010225788
This paper investigates the suitability of apportionment methods based on the idea of preserving the coalition function of the simple game represented by the populations of the states. The results show that an apportionment method which satisfies desirable properties such as population...
Persistent link: https://www.econbiz.de/10003730883
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Persistent link: https://www.econbiz.de/10003870986
Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...
Persistent link: https://www.econbiz.de/10013521312
A one-dimensional model of spatial political competition with endogenous party formation is developed. It is proved that at equilibrium there are only two parties. These parties propose alternatives in the extreme positions of the policy space. The adopted policy, however, is a compromise...
Persistent link: https://www.econbiz.de/10014221617
In this paper we study hedonic coalition formation games in which players' preferences over coalitions are induced by a semi-value of a monotonic simple game with veto control. We consider partitions of the player set in which the winning coalition contains the union of all minimal winning...
Persistent link: https://www.econbiz.de/10003731222
The top coalition property of Banerjee et al. (2001) and the common ranking property of Farrell and Scotchmer (1988) are sufficient conditions for core stability in hedonic games. We introduce the semistrict core as a stronger stability concept than the core, and show that the top coalition...
Persistent link: https://www.econbiz.de/10003731611
We study the class of directed simple games, assuming that only integer solutions are admitted; i.e., the players share a resource that comes in discrete units. We show that the integer nucleolus-if nonempty-of such a game is composed of the images of a particular payoff vector under all...
Persistent link: https://www.econbiz.de/10011621467