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A set of outcomes for a transferable utility game in characteristic function form is dominant if it is, with respect to an outsider-independent dominance relation, accessible (or admissible) and closed. This outsider-independent dominance relation is restrictive in the sense that a deviating...
Persistent link: https://www.econbiz.de/10005304938
To test the joint hypothesis that players in a noncooperative game (allowing mixtures over pure strategies) consult an independent preference relation and select a Nash equilibrium, it suffices to study the reaction of the revealed collective choice upon changes in the space of strategies...
Persistent link: https://www.econbiz.de/10005308037
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The literature on infinite Chichilnisky rules considers two forms of anonymity: a weak and a strong. This note introduces a third form: bounded anonymity. It allows us to prove an infinite analogue of the "Chichilnisky- Heal-resolution" close to the original theorem: a compact parafinite...
Persistent link: https://www.econbiz.de/10005369267
Persistent link: https://www.econbiz.de/10005369429
This note provides axiomatizations of the discounting utilitarian rule and the Rawlsian infimum rule for an infinite setting. Contrary to the finite case, an objective function cannot at the same time satisfy anonymity and the strong Pareto principle. The Rawlsian rule is based on anonymity, and...
Persistent link: https://www.econbiz.de/10005370987
An important problem faced by colleges and universities, that of evaluating the effect of their financial aid offers on student enrollment decisions, is complicated by the likely endogeneity of the aid offer variable in a student enrollment equation. This article shows how discontinuities in an...
Persistent link: https://www.econbiz.de/10005384875
A set of outcomes for a TU-game in characteristic function form is dominant if it is, with respect to an outsider-independent dominance relation, accessible (or admissible) and closed. This outsider-independent dominance relation is restrictive in the sense that a deviating coalition cannot...
Persistent link: https://www.econbiz.de/10005385367
We study divisor methods, the primary class to solve apportionment problems, based upon Stolarsky means Saß. These encompass the five traditional methods. We disclose a one-to-one relation between methods of the form Sa1 and aggregate measures of seat/vote disproportionality of the generalized...
Persistent link: https://www.econbiz.de/10005200726
Persistent link: https://www.econbiz.de/10005355415