Showing 151 - 160 of 28,259
The Condorcet rule on the domain of profiles at which there exists a unique Condorcet winner is the unique rule satisfying anonymity, neutrality, and strategy-proofness.
Persistent link: https://www.econbiz.de/10011208444
I propose a new axiom on the aggregation of individual yes/no judgments on propositions into collective judgments: each collective judgment depends only on people's judgments on 'relevant' propositions. This contrasts with classical independence: each collective judgment depends only on people's...
Persistent link: https://www.econbiz.de/10011212220
Government intervention often gives rise to contests and the government can influence their outcome by choosing their type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent dissipation is compared under two well-known contest...
Persistent link: https://www.econbiz.de/10011212757
Measuring influence allows the study of such issues as the impact and reputation of scientists and scientific publications, the dynamics of innovation, and the construction of ranking algorithms for search engines in the world wide web. Ranking methods that measure influence are typically based...
Persistent link: https://www.econbiz.de/10010786473
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010877824
We analyze the problem of aggregating judgments over multiple issues from the perspective of whether aggregate judgments manage to efficiently use all voters' private information. While new in judgment aggregation theory, this perspective is familiar in a different body of literature about...
Persistent link: https://www.econbiz.de/10011049697
A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number of public facilities to be located. We consider public facilities that do not suffer from congestion and are non-excludable. We characterize the class of rules...
Persistent link: https://www.econbiz.de/10011049862
What is the optimal size of expert committees? To address this question, I present a model of a committee of experts with career concerns. Each expert may observe an argument about the state of the world and is unsure about the argument s soundness. Experts may remain silent or compete for the...
Persistent link: https://www.econbiz.de/10010955218
The new field of judgment aggregation aims to find collective judgments on logically interconnected propositions. Recent impossibility results establish limitations on the possibility to vote independently on the propositions. I show that, fortunately, the impossibility results do not apply to a...
Persistent link: https://www.econbiz.de/10011071325
The universally beneficial manipulation conjecture of Campbell and Kelly states that for a social choice rule, if everyone gains as a result of any optimal manipulation, then the rule satisfies universally beneficial manipulation, i.e., everyone gains as a result of any manipulation, optimal or...
Persistent link: https://www.econbiz.de/10011076570