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On societies choosing social outcomes, and their memberships: internal stability and consistency
Springer Science and Business Media LLC - Tập 84 - Trang 83-97 - 2017
We consider a society whose members have to choose not only an outcome from a given set of outcomes but also a subset of agents that will remain members of the society. We study the extensions of approval voting, scoring methods and the Condorcet winner to our setting from the point of view of their internal stability and consistency properties.
On absolute preference and stochastic dominance
Springer Science and Business Media LLC - Tập 21 - Trang 85-88 - 1986
Conditions on social-preference cycles
Springer Science and Business Media LLC - Tập 79 - Trang 1-13 - 2014
Since Condorcet discovered the voting paradox in the simple majority rule, many scholars have tried to investigate conditions that yield “social-preference cycles”. The paradox can be extended to two main approaches. On the one hand, Kenneth Arrow developed a general framework of social choice theory; on the other hand, direct generalizations of the paradox were offered. The motivation and surface meaning of the two approaches are different, as are the assumed background conditions. In this paper, we investigate the relationship between the two approaches by taking a close look at two works, Ferejohn and Fishburn (J Econ Theory 21:28–45, 1979) and Schwartz (J Econ Theory 137:688–695, 2007).
Optimal stealing time
Springer Science and Business Media LLC - Tập 80 - Trang 451-462 - 2015
We study a dynamic game in which players can steal parts of a homogeneous and perfectly divisible pie from each other. The effectiveness of a player’s theft is a random function which is stochastically increasing in the share of the pie the agent currently owns. We show how the incentives to preempt or to follow the rivals change with the number of players involved in the game and investigate the conditions that lead to the occurrence of symmetric or asymmetric equilibria.
On the predictive efficiency of the core solution in side-payment games
Springer Science and Business Media LLC - Tập 15 - Trang 11-28 - 1983
This paper reports the first cross-study competitive test of thecore solution in side-payment games where the core is nonempty and nonunique (i.e., larger than a single point). The core was tested against five alternative theories including the Shapley value, the disruption nucleolus, the nucleolus, the 2-center, and the equality solution. A generalized Euclidean distance metric which indexes the average distance between an observed payoff vector and the entire set of predicted payoff vectors (Bonacich, 1979) was used as the measure of goodness-of-fit. Analysis of data assembled from six previously reported studies (encompassing a total of 1,464 observations over 56 3-person and 4-person side-payment games) showed the core to predict less accurately than the Shapley value, disruption nucleolus, and nucleolus solutions (p < 0.01). These findings are consistent with previous empirical results that show the core to have a low level of predictive accuracy in side-payment games.
Attitudes toward uncertainty among the poor: an experiment in rural Ethiopia
Springer Science and Business Media LLC - - 2012
Characterizations of the β- and the Degree Network Power Measure
Springer Science and Business Media LLC - - 2008
Social evaluation functionals with an arbitrary set of alternatives
Springer Science and Business Media LLC - Tập 95 - Trang 255-271 - 2023
This paper explores the concept of a social evaluation functional in the case of an arbitrary set of alternatives. In the first part, a characterization of projective social evaluations functionals is shown whenever the common restricted domain is the set of all bounded utility functions equipped with the supremum norm topology. The result makes a crucial use, among others, of a continuity axiom. In the second part, a comparison meaningful property is introduced for a social evaluation functional which allows us for obtaining a more general result with no continuity requirements. Finally, an impossibility theorem, which is reminiscent of that is obtained by Chichilnisky in (Q J Econ 97:337–352, 1982) but without using topological conditions, is offered.
Endogenizing the order of moves in matrix games
Springer Science and Business Media LLC - Tập 34 Số 1 - Trang 47-62 - 1993
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