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This paper studies full implementation problems in (pure and mixed) Nash equilibrium in finite environments. We restrict the designer to adopt<I>finite</I> mechanisms, thus ruling out integer games. We provide a condition, top-<I>D</I> inclusiveness, that together with set-monotonicity is sufficient for mixed...</i></i>
Persistent link: https://www.econbiz.de/10013100420
A partially-honest individual is a person who follows the maxim, "Do not lie if you do not have to" to serve your material interest. By assuming that the mechanism designer knows that there is at least one partially-honest individual in a society of n ≥ 3 individuals, a social choice rule...
Persistent link: https://www.econbiz.de/10011755972
Every government that controls an exhaustible resource must decide whether to exploit it or to conserve and thereby let the subsequent government decide whether to exploit or conserve. This paper develops a theory of this situation and shows when a small probability that some future government...
Persistent link: https://www.econbiz.de/10012213175
Persistent link: https://www.econbiz.de/10011409084
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10011507661
Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as they decide between multiple candidates by a given social choice method. We consider committees that apply scoring methods such as plurality, Borda, or antiplurality rule. Many...
Persistent link: https://www.econbiz.de/10012698221
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10013320002
Approval voting allows voters to list any number of candidates. Their scores are obtained by summing the votes cast in their favor. Fractional voting instead follows the One-person-one-vote principle by endowing voters with a single vote that they may freely distribute among candidates. In this...
Persistent link: https://www.econbiz.de/10012862766
A set of jobs need to be served by a server which can serve only one job at a time. Jobs have processing times and incur waiting costs (linear in their waiting time). The jobs share their costs through compensation using monetary transfers. In the first part, we provide an axiomatic...
Persistent link: https://www.econbiz.de/10014026948
We investigate the method of power indices to study voting power of members of a legislature that has voting blocs. Our analysis is theoretical, intended to contribute to a theory of positive political science in which social actors are motivated by the pursuit of power as measured by objective...
Persistent link: https://www.econbiz.de/10014067067