This paper offers a procedure for specifying probabilities for students to select answers on a multiple-choice test that, unlike previous procedures, satisfies all three of the following structural consistency conditions: (1) for any student, the sum over questions of the probabilities that the...

Henry George anticipated the winner's curse phenomenon and suggested an antidote to prevent wasteful land speculation. In these ways his economic ideas still resonate today as part of modern finance theory. Copyright 2004 American Journal of Economics and Sociology, Inc..

For impartial division, each participant reports only her opinion about the fair relative shares of the other participants, and this report has no effect on her own share. If a specific division is compatible with all reports, it is implemented. We propose a family of natural methods meeting...

There is a need for an impartial international tribunal to consider requests for approval of repudiations of developing nations' debts. At present, debt relief is available as largess from the "Paris Club" of creditor nations or the "London Club" of commercial banks, but a nation that is treated...

The Single Transferable Vote (STV) is an attractive way of achieving representation that is proportional in terms of whatever characteristics of candidates voters value. Increasingly sophisticated methods of implementing STV have been advanced to overcome identified limitations of earlier...

The Single Transferable Vote (STV) is an attractive way of achieving representation that is proportional in terms of whatever characteristics of candidates voters value. Increasingly sophisticated methods of implementing STV have been advanced to overcome identified limitations of earlier...