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A voting situation, in which voters are asked to rank all candidates pair by pair, induces a tournament and a weighted tournament, in which the strenght of the majority matters. Each of these two tournaments induces in turn a two-player zero-sum game for which different solution concepts can be...
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The usual Condorcet Criterion says that if an alternative is ranked ahead of all other alternatives by an absolute majority of voters, it should be declared the winner. The following partial extension of this criterion to other ranks is proposed: If an alternative is consistently ranked ahead of...
Persistent link: https://www.econbiz.de/10005696427
L'utilité des courbes de Lorenz pour l'analyse de la répartition des revenus est bien connue depuis l'article influent d'Atkinson (1970). Nous indiquons dans le présent article comment l'usage combiné de ces courbes de Lorenz et des courbes de concentration des revenus, des impôts ou des...
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The problem in which some agents joint together to realize a set of projects and must decide how to share its cost may be seen as a cooperative cost game. In many instances, total cost may naturally be decomposed into joint costs and costs that are specific to individual agents. We show that the...
Persistent link: https://www.econbiz.de/10005696430
Consider a small developing economy with a manufacturing sector opened to international trade, and an agricultural sector having limited, not to say any, access to world markets. We modify the Grossman and Helpman's influence-driven model of trade policy formation to allow for an endogenously...
Persistent link: https://www.econbiz.de/10005696431
This paper provides a theoretical framework for analyzing the impact of the marriage market and divorce legislation on household labor supply. In our approach, the sex ratio on the marriage market and the rules governing divorce are examples of "distribution factors". The latter are defined as...
Persistent link: https://www.econbiz.de/10005696432
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La disponibilité des ressources hydroélectriques et le cadre institutionnel entourant leur développement ont donné lieu à des prix d'électricité qui sont beaucoup plus faibles au Québec que dans les régions voisines. La structure de cette industrie est en train de changer dans...
Persistent link: https://www.econbiz.de/10005696434