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An axiomatic characterization of a value for games in partition function form

Hu, Cheng-Cheng; Yang, Yi-You - In: SERIEs - Journal of the Spanish Economic Association 1 (2010) 4, pp. 475-487

theory of games II. Princeton University Press, Princeton, pp 307317, 1953) to characterize our value. In addition, we … form games. Mimeo, Graduate School of Economics, Kobe University, Japan, 2004) and the values constructed through the … average approach provided by Macho-Stadler et al. (J Econ Theory 135:339-356, 2007). …

Persistent link: https://www.econbiz.de/10010317092

Innovation, loyalty and generic competition in pharmaceutical markets

Antoñanzas, Fernando; Juárez-Castelló, Carmelo; … - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 1, pp. 75-95

We analyze how a manufacturer with a brand-name drug close to patent expiration decides to launch a product-line extension (an upgrade through innovation) before it faces generic competition. There are two types of physicians: loyal physicians always prescribe first the product-line extension...

Persistent link: https://www.econbiz.de/10010317100

A unified approach to strategy-proofness for single-peaked preferences

Weymark, John A. - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 4, pp. 529-550

This article establishes versions of Moulin's (Public Choice 35:437-455, 1980) characterizations of various classes of strategy-proof social choice functions when the domain consists of all profiles of single-peaked preferences on an arbitrary subset of the real line. Two results are established...

Persistent link: https://www.econbiz.de/10010317101

An individual manipulability of positional voting rules

Aleskerov, Fuad; Karabekyan, Daniel; Sanver, M. Remzi; … - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 4, pp. 431-446

We study a problem of individual manipulation in an impartial culture (IC) framework using computer modeling. We estimate the degree of manipulability of ten positional voting rules in the case of multiple choice for 3 and 4 alternatives.

Persistent link: https://www.econbiz.de/10010317105

The political economy of income taxation under asymmetric information: The two-type case

Roemer, John E. - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 181-199

The apparent ubiquity of progressive taxation in advanced democracies has animated research by political economists in the past decade, but little progress has been made in modeling political equilibria over tax policy when labor supply is elastic with respect to taxation. Here, we postulate an...

Persistent link: https://www.econbiz.de/10010317106

On the optimal allocation of students when peer effects are at work: tracking vs. mixing

Hidalgo-Hidalgo, Marisa - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 1, pp. 31-52

The belief that both the behavior and outcomes of students are affected by their peers is important in shaping education policy. I analyze two polar education systems -tracking and mixing- and propose several criteria for their comparison. I find that tracking is the system that maximizes...

Persistent link: https://www.econbiz.de/10010317108

Strategy-proof voting rules on a multidimensional policy space for a continuum of voters with elliptic preferences

Peters, Hans; Roy, Souvik; Storcken, Ton - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 4, pp. 485-496

We consider voting rules on a multidimensional policy space for a continuum of voters with elliptic preferences. Assuming continuity, gamma -strategy-proofnessmeaning that coalitions of size smaller or equal to a small number gamma cannot manipulateand unanimity, we show that such rules are...

Persistent link: https://www.econbiz.de/10010317111

Euclidean preferences, option sets and strategyproofness

Bordes, Georges; Laffond, Gilbert; Le Breton, Michel - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 4, pp. 469-483

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

Optimal monitoring to implement clean technologies when pollution is random

Macho-Stadler, Inés; Pérez-Castrillo, David - In: SERIEs - Journal of the Spanish Economic Association 1 (2010) 3, pp. 277-304

We consider a model of polluting firms subject to tax on emissions, monitoring, and penalties in case of underreporting and which face a choice between a more expensive clean and a less expensive dirty technology. Moreover, emissions are subject to random events.We show that the optimal...

Persistent link: https://www.econbiz.de/10010317114

Majority relation and median representative ordering

Demange, Gabrielle - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 95-109

This paper presents results on the transitivity of the majority relation and the existence of a median representative ordering. Building on the notion of intermediate preferences indexed by a median graph, the analysis extends well-known results obtained when the underlying graph is a line. In...

Persistent link: https://www.econbiz.de/10010317116