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We study approval voting in a setting with a fixed profile of individuals choices and variable societies. Four properties each linking choices made by a group of individuals to choices by its various subgroups are introduced, and are used for characterizing approval voting
Persistent link: https://www.econbiz.de/10014153570
This chapter discusses different types of domain restrictions. We begin by analyzing various qualitative conditions on preference profiles. Value-restricted preferences (with single-peaked preferences as one of its subcases), limited agreement as well as antagonistic and dichotomous preferences...
Persistent link: https://www.econbiz.de/10014023840
Within the framework of the axiomatic approach three types of voting schemes are investigated according to the form in which the individual opinions about the alternatives are defined, as well as to the form of desired social decision. These types of rules are Social Decision Rules, Functional...
Persistent link: https://www.econbiz.de/10014023841
This chapter 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.
Persistent link: https://www.econbiz.de/10014025183
Median voter theorem has been used in many economic environments including law enforcement. Assumptions of the median voter theorem, however, are generally violated in lawenforcement models. Moreover, it is impossible to have agents with "opposite equilibrium preferences" over enforcement levels...
Persistent link: https://www.econbiz.de/10011417873
does AV (this is demonstrated empirically in the case of a recent election of the Game Theory Society). A decision …
Persistent link: https://www.econbiz.de/10014045262
This article examines the nature of disclosure standards, under the assumption that (i) standards preferred by more firms are collectively chosen and (ii) privately informed firms prefer standards that increase market perceptions about the value of their assets. A standard is stable if it is...
Persistent link: https://www.econbiz.de/10014126302
Voting procedures focus on the aggregation of individuals' preferences to produce collective decisions. In practice, a voting procedure is characterized by ballot responses and the way ballots are tallied to determine winners. Voters are assumed to have clear preferences over candidates and...
Persistent link: https://www.econbiz.de/10014023839
decision making under majority rule has preoccupied social theorists since Condorcet in the late 18th century. In theory …
Persistent link: https://www.econbiz.de/10014033664
does AV (this is demonstrated empirically in the case of a recent election of the Game Theory Society). A decision …
Persistent link: https://www.econbiz.de/10013140591