Showing 361 - 370 of 445
This paper is concerned with a combinatorial, multi-attribute procurement mechanism called combinatorial scoring auction. In the setting that we analyze, private information of the suppliers is multi-dimensional. The buyer wants to procure several items at once. Subsets of these items are...
Persistent link: https://www.econbiz.de/10011160182
We investigate judgment aggregation by assuming that some formulas of the agenda are singled out as premises, and the Independence condition (formula-wise aggregation) holds for them, though perhaps not for others. Whether premise-based aggregation thus defined is non-degenerate depends on how...
Persistent link: https://www.econbiz.de/10011160185
We consider networks evolving over time within an infinite-horizon dynamic setting. Transitions from one network to another are given by a stationary transition probability matrix. We study the problem of fairly and efficiently allocating the value of a network at any point in time among its...
Persistent link: https://www.econbiz.de/10011160201
We study sets of preferences that are convex with respect to the betweeness relation induced by the Kemeny distance for preferences. It appears that these sets consist of all preferences containing a certain partial ordering and the other way around all preferences containing a given partial...
Persistent link: https://www.econbiz.de/10011160202
Domains of individual preferences for which the well-known impossibility theorems of Gibbard-Satterthwaite and Muller-Satterthwaite do not hold are studied. To comprehend the limitations these results imply for social choice rules, we search for the largest domains that are possible. Here, we...
Persistent link: https://www.econbiz.de/10011160211
The Rubinstein alternating offers bargaining game is reconsidered under the assumption that each player is loss averse and the associated reference point is equal to the highest turned down offer of the opponent in the past. This makes the payoffs and therefore potential equilibrium strategies...
Persistent link: https://www.econbiz.de/10011160222
In this paper we present a model for games with perfect information in which the players, upon observing an unexpected move, may revise their beliefs about the opponents'' preferences over outcomes. For a given profile P of preference relations over outcomes, we impose the following three...
Persistent link: https://www.econbiz.de/10011160224
How can the propositional attitudes of several individuals be aggregated into overall collective propositional attitudes? Although there are large bodies of work on the aggregation of various special kinds of propositional attitudes, such as preferences, judgments, probabilities and utilities,...
Persistent link: https://www.econbiz.de/10011160231
Within a formal epistemic model for simultaneous-move games, we present the following conditions: (1) belief in the opponents'' rationality (BOR), stating that a player should believe that every opponent chooses an optimal strategy, (2) self-referential beliefs (SRB), stating that a player...
Persistent link: https://www.econbiz.de/10011160239
Economic models describe individuals in terms of underlying characteristics, such as taste for some good, sympathy level for another player, time discount rate, risk attitude, and so on. In real life, such characteristics change through experiences: taste for Mozart changes through listening to...
Persistent link: https://www.econbiz.de/10011160251