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Agents with single-peaked preferences share a resource coming from different suppliers; each agent is connected to only a subset of suppliers. Examples include workload balancing, sharing earmarked funds, and rationing utilities after a storm.
Persistent link: https://www.econbiz.de/10011042928
We provide an axiomatization of expected equally-distributed equivalent-utility social welfare functions in the context of Harsanyiʼs impartial observer theorem. For this family of social welfare functions, we show what additional axiom is necessary and sufficient for the observer to exhibit...
Persistent link: https://www.econbiz.de/10011042954
Few papers in the literature on inequality measurement deal with uncertainty, particularly when the ranking of cohorts may not be fixed. We present a set of axioms implying such a class of inequality measures under uncertainty that is a one-parameter extension of the generalized Gini mean over...
Persistent link: https://www.econbiz.de/10011042965
I study the egalitarian way of distributing resources across generations. Distributional equity deeply conflicts with the Pareto principle: efficient allocations cannot guarantee that i) each generation be assigned a consumption bundle that is at least as large as an arbitrarily small fraction...
Persistent link: https://www.econbiz.de/10011042974
We study allocation rules that are robust to coalitional manipulation by transferring, merging, or splitting individual characteristics among coalition partners (e.g. merging or splitting claims in bankruptcy problems). Coalition formation is restricted by an exogenous network (a non-directed...
Persistent link: https://www.econbiz.de/10011043011
We study the problem of defining inequality-averse social orderings over allocations of commodities when individuals have different preferences. We formulate a notion of egalitarianism based on the axiom that any dominance between consumption bundles should be reduced. This Dominance Aversion...
Persistent link: https://www.econbiz.de/10011043046
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
A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness, we derive a bidding mechanism determining endogenously who participates in...
Persistent link: https://www.econbiz.de/10011116861
This paper studies an allocation problem with multiple assignments, indivisible objects, no endowments and no monetary transfers, where a single object may be assigned to several agents as long as the set of agents assigned the object satisfy a compatibility constraint. It is shown that, on the...
Persistent link: https://www.econbiz.de/10011118580
Are people blamed for being pivotal if they implement an unpopular outcome in a sequential voting process? We conduct an experimental voting game and analyze how pivotality affects responsibility attribution by parties who can be negatively affected by the voting outcome. We measure...
Persistent link: https://www.econbiz.de/10011070849