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We compare sequential, binary voting schemes conducted by privately informed agents with interdependent preferences and three alternatives a compromise alternative in addition to two "extreme" alternatives on the left and on the right. The Anglo-Saxon amendment procedure always selects the...
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We generalize the standard, private values voting model with single-peaked preferences and incomplete information by introducing interdependent preferences. Our main results show how standard mechanisms that are outcome-equivalent and implement the Condorcet winner under complete information or...
Persistent link: https://www.econbiz.de/10014303175
We generalize the standard, private values voting model with single-peaked preferences and incomplete information by introducing interdependent preferences. Our main results show how standard mechanisms that are outcome-equivalent and implement the Condorcet winner under complete information or...
Persistent link: https://www.econbiz.de/10014243569
The European design rules for steel structures in EN1993 cover various failure modes and were developed using different methodologies with respect to accuracy and safety. Consequently, the safety level of these rules is neither homogeneous throughout their field of application, nor across the...
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