Showing 1 - 10 of 142
We consider voting rules on a multidimensional policy space for a continuum of voters with elliptic preferences. Assuming continuity, y-strategy-proofness - meaning that coalitions of size smaller or equal to a small number y cannot manipulate - and unanimity, we show that such rules are...
Persistent link: https://www.econbiz.de/10008764981
We consider voting rules on a multidimensional policy space for a continuum of voters with elliptic preferences. Assuming continuity, y-strategy-proofness - meaning that coalitions of size smaller or equal to a small number y cannot manipulate - and unanimity, we show that such rules are...
Persistent link: https://www.econbiz.de/10011147010
Under a k-approval scoring rule each agent attaches a score of one to his k most preferred alternatives and zero to the other alternatives. The rule assigns the set of alternatives with maximal score. Agents may extend preferences to sets in several ways: they may compare the worst alternatives,...
Persistent link: https://www.econbiz.de/10011160221
Collective decisions are modeled by preference correspondences (rules). In particular, we focus ona new condition: "update monotonicity" for preference rules. Although many so-called impossibilitytheorems for the choice rules are based on -or related to- monotonicity conditions, this...
Persistent link: https://www.econbiz.de/10009399747
Impossibility theorems for preference correspondences based on a new monotonicity concept arediscussed. Here monotonicity means that if preferences update in such a way that they get closerto an outcome then at the new situation this outcome remains chosen. Strong monotonicity requiresfurther...
Persistent link: https://www.econbiz.de/10009399750
The classical bankruptcy problem (O''Neill, 1982) is extended by assuming that the agents have non-homogenous preferences over several estates. A special case is the one in which there are finitely many estates and the agents have homogenous preferences, i.e., constant utilities, per estate. In...
Persistent link: https://www.econbiz.de/10008642578
In this paper we study the effect of information on the occurrence of intentional price wars on the equilibrium path. An episode of low prices is an intentional price war if it follows a period of high prices which was ended intentionally by one of the firms in the market (the price war leader)....
Persistent link: https://www.econbiz.de/10008465407
We consider bargaining games under the assumption that bargainers are loss averse, i.e. experience disutility from obtaining an outcome lower than some reference point. We follow the approach of Shalev (2002) by imposing the self-supporting condition on a solution. Given a bargaining game, we...
Persistent link: https://www.econbiz.de/10005079018
Collective decisions are modeled by preference correspondences (rules). In particular, we focus ona new condition: "update monotonicity" for preference rules. Although many so-called impossibilitytheorems for the choice rules are based on -or related to- monotonicity conditions, this...
Persistent link: https://www.econbiz.de/10011146981
Impossibility theorems for preference correspondences based on a new monotonicity concept arediscussed. Here monotonicity means that if preferences update in such a way that they get closerto an outcome then at the new situation this outcome remains chosen. Strong monotonicity requiresfurther...
Persistent link: https://www.econbiz.de/10011147012