Showing 31 - 40 of 45
Persistent link: https://www.econbiz.de/10009331442
Persistent link: https://www.econbiz.de/10009331550
Persistent link: https://www.econbiz.de/10008848302
We study a variant of a random utility model that takes a probability distribution over preference relations as its primitive. We do not model products using a space of observed characteristics. The distribution of preferences is only partially identified using cross-sectional data on varying...
Persistent link: https://www.econbiz.de/10012461312
This paper studies optimal persuasion. A speaker must decide which arguments to present and a listener which arguments to accept. Communication is limited in that the arguments available to the speaker depend on her information. Optimality is assessed from the listener's perspective assuming...
Persistent link: https://www.econbiz.de/10014047623
This paper studies shill bidding in the VCG mechanism applied to combinatorial auctions. Shill bidding is a strategy whereby a single decision-maker enters the auction under the guise of multiple identities (Sakurai, Yokoo, and Matsubara 1999). I formulate the problem of optimal shill bidding...
Persistent link: https://www.econbiz.de/10014046955
This paper develops the symmetric power order, a measure of voting power for multicandidate elections. The measure generalizes standard pivotality-based voting power measures for binary elections, such as Banzhaf power. At the same time, the measure is not based on pivotality, but rather on a...
Persistent link: https://www.econbiz.de/10014112437
This paper develops a formal approach to evaluating freedom in interactive settings based on the literatures on preference for flexibility and measurement of diversity. The approach posits that freedom has an instrumental component -- grounded in preferences -- and an intrinsic component. The...
Persistent link: https://www.econbiz.de/10013028882
Persistent link: https://www.econbiz.de/10005827880
This paper studies shill bidding in the VCG mechanism applied to combinatorial auctions. Shill bidding is a strategy whereby a single decision-maker enters the auction under the guise of multiple identities (Sakurai, Yokoo, and Matsubara 1999). I formulate the problem of optimal shill bidding...
Persistent link: https://www.econbiz.de/10005042604