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We consider the allocation of a finite number of indivisible objects to the same number of agents according to an exogenously given queue. We assume that the agents collaborate in order to achieve an efficient outcome for society. We allow for side-payments and provide a method for obtaining...
Persistent link: https://www.econbiz.de/10008493097
This paper discusses issues of axiomatic bargaining problems over opportunity assignments. The fair arbitrator uses the principle of "equal opportunity" for all players to make the recommendation on resource allocations. A framework in such a context is developed and the egalitarian solution to...
Persistent link: https://www.econbiz.de/10008500365
It is a constant topic of debate how the European Union (EU) spends the money it collects from its member states. This paper supports the idea that the EU budget battle involves one-shot games that have persistent impacts on the budget allocations. In one way or the other, the member states are...
Persistent link: https://www.econbiz.de/10004972167
It has often been claimed that the current voting process within the EU Council of Ministers is not fair. In this paper we verify this assertion by carrying out an evaluation of the distribution of power among the member states. The results show that the current distribution of votes for the...
Persistent link: https://www.econbiz.de/10004984993
The aim of this paper is to determine the representation of parties in a Parliament that guarantees an equal representation of all the citizens. This problem is illustrated in the Israeli Knesset.
Persistent link: https://www.econbiz.de/10004985300
The paper deals with aspects of national and supranational influence in the European Union. The aim of this paper is three-fold. First, it deals with the relationship between the Council and Commission by applying the standard measures of voting power of cooperative games. It then extends the...
Persistent link: https://www.econbiz.de/10005124115
We examine national effects on the common policies of the European Union (EU). The paper establishes a difference between national influence on voting outcomes and policies. It is assumed that policies of the EU are public goods and Holler's public good power index is applied. The method is...
Persistent link: https://www.econbiz.de/10005136711
We characterize a rule in cost spanning tree problems using an additivity property and some basic properties. If the set of possible agents has at least three agents, these basic properties are symmetry and separability. If the set of possible agents has two agents, we must add positivity. In...
Persistent link: https://www.econbiz.de/10005062345
In a framework of preferences over lotteries, we show that an axiom system consisting of weakened versions of Arrow's axioms has a unique solution. "Relative Utilitarianism" consists of first normalising individual von Neumann-Morgenstern utilities between 0 and 1 and then summing them. This...
Persistent link: https://www.econbiz.de/10005043190
This paper studies the falsiability of the hypothesis of Nash behavoir, for the case of a finite number of players who choose from continuous domains, subject to constraints. The results obtained here are negative. Assuming the observation of finite data sets, and using weak, but non-trivial,...
Persistent link: https://www.econbiz.de/10005489400