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Robust group strategy‐proofness
Kivinen, Steven; Tumennasan, Norovsambuu - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 4, pp. 1351-1389
incentive to misrepresent their private information at both the interim and ex post stages. Group strategy‐proofness (GSP …
Persistent link: https://www.econbiz.de/10012806548
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Mechanism design without quasilinearity
Kazumura, Tomoya; Mishra, Debasis; Serizawa, Shigehiro - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 2, pp. 511-544
This paper studies a model of mechanism design with transfers where agents' preferences need not be quasilinear. In such a model, (1) we characterize dominant strategy incentive compatible mechanisms using a monotonicity property; (2) we establish a revenue uniqueness result: for every dominant...
Persistent link: https://www.econbiz.de/10012308444
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The Impact of Lobbying on the Allocation of Political Authority
Falconieri, Sonia - 2001
This paper studies the internal organizational design of politicalinstitutions in presence of lobbying. We consider a legislature ascomposed of two bodies: the floor and an informational committee. Thefloor has the (formal) power to choose the policy to be implemented.The policy outcome is ex...
Persistent link: https://www.econbiz.de/10010324782
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Analytical Representation of Probabilities Under the Iac Condition
Huang, H. C.; Chua, Vincent C.H - 1999
This paper extends the work of Gehrlein and Fishburn (1976) and Gehrlein (1982) by providing a general theorem relating to the analytical representation of the probability of an event in a given space of profiles. It applies to any event characterized by a set of linear inequalities regardless...
Persistent link: https://www.econbiz.de/10014175848
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Emergence, Equilibrium, and Agent-Based Modeling : Updating James Buchanan’s Democratic Political Economy
Devereaux, Abigail - 2018
Nicholas Vriend (2002) asked whether F.A. Hayek was an “ace,” and answered affirmatively. By “ace,” Vriend meant someone who worked with agent-based modeling. To be sure, Hayek could not have worked with agent-based models because that platform did not exist when Hayek was developing his...
Persistent link: https://www.econbiz.de/10012911904
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Rational Polarization
Dorst, Kevin - 2021
Predictable polarization is everywhere. We can often predict the different directions that people’s opinions—including our own—will shift over time. Empirical studies suggest that this is so whenever evidence is ambiguous, a fact that’s often thought to demonstrate human bias or...
Persistent link: https://www.econbiz.de/10013212996
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How Borda Voting Rule Can Respect Arrow IIA and Avoid Cloning Manipulation
Dombou T., Dany R. - 2018
This paper proposes a new formulation of the Borda rule in order to deal with the problem of cloning manipulation. This new Borda voting specification will be named: Dynamic Borda Voting (DBV) and it satisfies Arrow's IIA condition. The calculations, propositions with proof and explanations are...
Persistent link: https://www.econbiz.de/10014033616
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Informational Lobbying and Legislative Voting
Schnakenberg, Keith E. - 2016
In this article I analyze a model of interest group influence on legislative voting through information transmission … coordinate with allied legislators by providing them with information that helps them to persuade less sympathetic legislators …
Persistent link: https://www.econbiz.de/10014147869
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Fact-checking politicians
Mattozzi, Andrea; Nocito, Samuel; Sobbrio, Francesco - 2022
We investigate the reaction of Italian Members of Parliament to a rigorous fact-checking of their public statements. Our research design relies on a novel randomized field experiment in collaboration with the leading Italian fact-checking company. Our results show that politicians are responsive...
Persistent link: https://www.econbiz.de/10013463503
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Read My Lips : The Political Economy of Information Transmission
Besley, Timothy - 2008
The paper studies credible information transmission by governments. A group of heterogenous individuals have to make … private investment and labour supply decisions while relying on the government for information about investment returns. The … government consists of an elected citizen who chooses a redistributive strategy in addition to providing information. We give …
Persistent link: https://www.econbiz.de/10012771162