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We consider a cost sharing problem, where each individual is identi ed by a characteristic (a positive real number) ci: The two main positions on how to share a common cost M are the Egalitarian and the Proportional solutions. These solutions can be obtained as the Perron's eigenvectors (right...
Persistent link: https://www.econbiz.de/10010991678
The notion of a stable set (introduced by von Neumann and Morgenstern, 1944) is an important tool in the field of Decision Theory. Since then, some alternative definitions have appeared in the literature: the admissible set (Kalai and Schmeidler, 1977), the generalized stable set (van Deemen,...
Persistent link: https://www.econbiz.de/10010991679
The idea of ensuring a guarantee (a minimum amount of the resources) to each agent has recently acquired great relevance, in both social and political terms. Furthermore, the notion of Solidarity has been treated frequently in redistribution problems to establish that any increment of the...
Persistent link: https://www.econbiz.de/10010991683
The problem of sharing a cost M among n individuals, identified by some characteristic ci∈R+, appears in many real situations. Two important proposals on how to share the cost are the egalitarian and the proportional solutions. In different situations a combination of both distributions...
Persistent link: https://www.econbiz.de/10011209344
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Tournaments are complete and asymmetric binary relations. This type of binary relation rules out the possibility of ties or indifferences which are quite common in other contexts. In this work we generalize, from a normative point of view, some important tournament solutions to the context in...
Persistent link: https://www.econbiz.de/10005369294
In this paper we analyze the explicit representation of fixed agenda social choice correspondences under different rationality assumptions (independence, Pareto optimality, etc.). It is well known that, under some of these assumptions, the existence of dictators, oligarchies or individuals with...
Persistent link: https://www.econbiz.de/10005369444
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