We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....

A new alternative diffusion model for asset price movements is presented. In contrast to the popular approach of Brownian motion it proposes deterministic diffusion for the modelling of stock price movements. These diffusion processes are a new area of physical research and can be created by the...

En este artículo se analiza el rol de los incentivos, de la racionalidad y de las elecciones y el cono-cimiento de los agentes en la formación de redes sociales y, en particular, en la emergencia de mundos pequeños. Proponiendo una definición de los mundos pequeños basada en los análisis...

Uno de los objetivos fundamentales de Sociedad y Economía es publicar los resultados de investigaciones realizadas con base en la interacción entre los estudios sociales y la economía. El tema central de este número intenta avanzar en esa dirección, presentando un conjunto de contribuciones...

El objetivo central de este artículo es explicar la relevancia de la comunicación indirecta en teoría de la estrategia y negociación de conflictos. Con base en Thomas Schelling se ilustran casos específicos de comunicación indirecta: el soborno y la amenaza. Se demuestra que tanto el...

The purpose of this contribution is to illustrate how both Schelling and Bacharach’s methodologies can help scholars bring a new approach to behavioral game theory in which the nature of usual standard methodological individualism is insufficiently questioned. I aim to show that both Schelling...

This paper aims to show that, contrary to the standard understanding of his work, Sen’s idea of justice does not consist in the defense of a capability theory. Under the dominant capability-centered view, Sen’s idea of justice is indeed characterized principally by a switch of focus from...

The aim of the article is to introduce a mathematical concept of indecisiveness into the analytic hierarchy process (AHP) framework. Indecisiveness can be useful in two ways: first, decision makers with high indecisiveness (higher than a given threshold value) can be excluded from a decision...

In the field of organizational behavior the dominant part of the authors deals with conflicts. But problems may also occur in case of compliance, which may cause the group does not decide effectively, often unanimously, and incorrectly. The aim of this paper is to summarize the theoretical...

Judgment aggregation theory, or rather, as we conceive of it here, logical aggregation theory generalizes social choice theory by having the aggregation rule bear on judgments of all kinds instead of merely preference judgments. It derives from Kornhauser and Sager’s doctrinal paradox and List...