Showing 1 - 9 of 9
We introduce a path-based measure of convexity to be used in assessing the compactness of legislative districts. Our measure is the probability that a district contains the shortest path between a randomly selected pair of its points. The measure is defined relative to exogenous political...
Persistent link: https://www.econbiz.de/10014223248
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We investigate a normative theory of incomplete preferences in the context of preliminary screening procedures. We introduce a theory of ranking in the presence of objectively incomparable marginal contributions (apples and oranges). Our theory recommends benchmarking, a method under which an...
Persistent link: https://www.econbiz.de/10011856668
We introduce an ordinal model of efficiency measurement. Our primitive is a notion of e ciency that is comparative, but not cardinal or absolute. In this framework, we postulate axioms that we believe an ordinal efficiency measure should satisfy. Primary among these are choice consistency and...
Persistent link: https://www.econbiz.de/10013092073
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We present a simple example where the use of sigma-algebras as a model of information leads to a paradoxical conclusion: a decision maker prefers less information to more. We then explain that the problem arises because the use of sigma-algebras as the informational content of a signal is...
Persistent link: https://www.econbiz.de/10014076192
This paper develops a measure of segregation based on two premises: (1) a measure of segregation should disaggregate to the level of individuals, and (2) an individual is more segregated the more segregated are the agents with whom she interacts. Developing three desirable axioms that any...
Persistent link: https://www.econbiz.de/10013234960
This paper develops a measure of segregation based on two premises: (1) a measure of segregation should disaggregate to the level of individuals, and (2) an individual is more segregated the more segregated are the agents with whom she interacts. Developing three desirable axioms that any...
Persistent link: https://www.econbiz.de/10012467427
This paper develops a measure of segregation based on two premises: (1) a measure of segregation should disaggregate to the level of individuals, and (2) an individual is more segregated the more segregated are the agents with whom she interacts. Developing three desirable axioms that any...
Persistent link: https://www.econbiz.de/10014065779