Showing 1 - 10 of 147
In this paper, we show that in pure exchange economies where the number of goods equals or exceeds the number of agents, any Pareto-efficient and strategy-proof allocation mechanism always allocates the total endowment to some single agent even if the receivers vary.
Persistent link: https://www.econbiz.de/10012010013
In a novel experimental design, we study how social immobility affects the choice among distributional schemes in an experimental democracy. We design a two-period experiment in which subjects first choose a distributional scheme by majority voting (“social contract”). Then subjects engage...
Persistent link: https://www.econbiz.de/10014504499
In this note, we use the technique of option sets to sort out the implications of coalitional strategyproofness in the spatial setting. We also discuss related issues and open problems.
Persistent link: https://www.econbiz.de/10010317113
The problem of social choice is studied on a domain with countably many individuals. In contrast to most of the existing literature which establish either non-constructive possibilities or approximate (i.e. invisible) dictators, we show that if one adds a continuity property to the usual set of...
Persistent link: https://www.econbiz.de/10011994623
Group identification refers to the problem of classifying individuals into groups (e.g., racial or ethnic classification). We consider a multinary group identification model where memberships to three or more groups are simultaneously determined based on individual opinions on who belong to what...
Persistent link: https://www.econbiz.de/10012010076
Persistent link: https://www.econbiz.de/10014504444
From Survey of Employment and Quality of Life, the hypothesis of job stress is analyzed for individuals who meet the condition of being employed and being between the ages of 16 years old (the age at which is assumed that they have completed median education) and 62 years old (retirement age for...
Persistent link: https://www.econbiz.de/10011995021
In light of the so-called ‘chaos theorems’ from social choice theory, William Riker (W. H. Freeman and Company, San Francisco, 1982) argues that the indeterminacy of majority rule leads to voting cycles making democratic decisions arbitrary and meaningless. Moreover, when the core is empty,...
Persistent link: https://www.econbiz.de/10014503481
This paper develops a dynamic population game in which agents play a simple anonymous‐exchange game of cooperating or defecting. Agents switch to the strategy with a higher expected payoff. Reformers can affect the payoff structure of the stage game to maximize the number of cooperators in the...
Persistent link: https://www.econbiz.de/10014504507
This paper examines the research area identified by Frey and Gallus (Aggregate Effects of Behavioral Anomalies: A New Research Area, 2014) and the relationship between it and the choices that economists make. It supports the Frey and Gallus view that, as a consequence of individuals employing...
Persistent link: https://www.econbiz.de/10011306666