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We introduce the first family of district compactness measures that can incorporate a wide range of internal geographic features. The measures in this family are the probability that a district contains an admissible path between a randomly selected pair of people. The measure can account for...
Persistent link: https://www.econbiz.de/10010719760
We introduce an ordinal model of efficiency measurement. Our primitive is a notion of efficiency that is comparative, but not cardinal or absolute. In this framework, we postulate axioms that we believe an ordinal efficiency measure should satisfy. Primary among these are choice consistency and...
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I introduce a model of shareholder voting. I describe and provide characterizations of three families of shareholder voting rules: ratio rules, difference rules, and share majority rules. The characterizations rely on two key axioms: merger consistency, which requires consistency in voting...
Persistent link: https://www.econbiz.de/10012415597
I introduce a model of shareholder voting. I describe and provide characterizations of three families of shareholder voting rules: ratio rules, difference rules, and share majority rules. The characterizations rely on two key axioms: merger consistency, which requires consistency in voting...
Persistent link: https://www.econbiz.de/10013189029
I introduce a model of shareholder voting. I describe and provide characterizations of three families of shareholder voting rules: ratio rules, difference rules, and share majority rules. The characterizations rely on two key axioms: merger consistency, which requires consistency in voting...
Persistent link: https://www.econbiz.de/10012637430
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