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. In order to communicate they need to have a language in common. Learning languages is costly. In this setting no …We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other …
Persistent link: https://www.econbiz.de/10009565542
Persistent link: https://www.econbiz.de/10009513291
outcome, a weighted, directed network describing marginal externalities is defined. We show that Pareto efficient outcomes are …
Persistent link: https://www.econbiz.de/10012904900
We consider a setting where a coalition of individuals chooses one or several alternatives from each set in a collection of choice sets. We examine the computational complexity of Pareto rationalizability. Pareto rationalizability requires that we can endow each individual in the coalition with...
Persistent link: https://www.econbiz.de/10013123742
This paper proposes a new formulation of the Borda rule in order to deal with the problem of cloning manipulation. This new Borda voting specification will be named: Dynamic Borda Voting (DBV) and it satisfies Arrow's IIA condition. The calculations, propositions with proof and explanations are...
Persistent link: https://www.econbiz.de/10014033616
Legislative misbehavior is best curbed through rational legislating requirements, whereby legislators must include in the legislative record an explicit elaboration of the path of lawmaking - from evidence, through findings, to ultimate conclusions - that clearly sets out the analytic connection...
Persistent link: https://www.econbiz.de/10013094837
publication to demonstrate that Coase's emphasis on the reciprocal nature of externalities, the importance of transaction costs …
Persistent link: https://www.econbiz.de/10013049240
We develop a model that combines competitive exchange of private commodities across endogenously formed groups with public good provision and global collective decisions. There is a tension between local and global collective decisions. In particular, we show that group formation and collective...
Persistent link: https://www.econbiz.de/10010399075
. In order to communicate they need to have a language in common. Learning languages is costly. In this setting no …We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other …
Persistent link: https://www.econbiz.de/10010282967
Problem definition: We study customer-centric privacy management in service systems and explore the consequences of extended control over personal information by customers in such systems.Methodology: We adopt a stylized queueing model to capture a service environment that features a service...
Persistent link: https://www.econbiz.de/10012312561