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This essay deals with the notion and content of freedom of choice proposing a new set up and a new family of measures … some ideas of John StuartMill, we propose that freedom of choice has to be understood not in a single stage of choice, but … this new framework, we propose a set of axioms that imply the following family of measures of lifetime's freedom of choice …
Persistent link: https://www.econbiz.de/10009506417
measure is not based on pivotality, but rather on a measure of freedom of choice in individual decisions. Indeed, I use the …
Persistent link: https://www.econbiz.de/10014112437
We investigate the implications of imposing balanced consistency and balanced cost reduction in the context of sequencing problems. Balanced consistency requires that the effect on the payoff from the departure of one agent to another agent should be equal between any two agents. On the other...
Persistent link: https://www.econbiz.de/10010326073
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sjöström, and Yamato, 2006; Saijo, Sjöström, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal...
Persistent link: https://www.econbiz.de/10010332239
This paper considers the object allocation problem introduced by Shapley and Scarf (1974). We study secure implementation (Saijo, Sjöström, and Yamato, 2007), that is, double implementation in dominant strategy and Nash equilibria. We prove that (i) an individually rational solution is...
Persistent link: https://www.econbiz.de/10010332437
This essay deals with the notion and content of freedom of choice proposing a new set up and a new family of measures … some ideas of John StuartMill, we propose that freedom of choice has to be understood not in a single stage of choice, but … this new framework, we propose a set of axioms that imply the following family of measures of lifetime's freedom of choice …
Persistent link: https://www.econbiz.de/10010317104
In this paper we axiomatically characterize two recursive procedures for defining a social group. The first procedure starts with the set of all individuals who are defined by everyone in the society as group members, while the starting point of the second procedure is the set of all individuals...
Persistent link: https://www.econbiz.de/10003731221
This paper considers the object allocation problem introduced by Shapley and Scarf (1974). We study secure implementation (Saijo, Sjöström, and Yamato, 2007), that is, double implementation in dominant strategy and Nash equilibria. We prove that (i) an individually rational solution is...
Persistent link: https://www.econbiz.de/10003819988
We analyse the redistribution of a resource among agents who have claims to the resource and who are ordered linearly. A well known example of this particular situation is the river sharing problem. We exploit the linear order of agents to transform the river sharing problem to a sequence of...
Persistent link: https://www.econbiz.de/10008840051
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sj¨ostr¨om, and Yamato, 2006; Saijo, Sj¨ostr¨om, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal...
Persistent link: https://www.econbiz.de/10003556299