In this paper, we consider the budget distribution problems defined by Herrero et al. (1999). We provide axiomatic characterizations of the rights-weighted solution, introduced by Bergantinos and Mendez-Naya (1999), and pseudo rights-weighted solution both of which are generalizations of the...

In a simple game, coalitions belonging to a given class are supposed to be "absolutely powerful" while others have no power. We attempt to make this distinction operational. Toward this end, we propose two axioms, Exclusion and Strong Non-Discrimination. Strong Non-Discrimination describes...

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In a simple game, coalitions belonging to a given class are "absolutely powerful" while others have no power. We attempt to make this distinction operational. Toward this end, we propose two axioms on social choice correspondences, Strong Non-Discrimination and Exclusion. Strong...

This paper will investigate deregulation and the adaptation of governance structure in reference to Japan's banking industry. Deregulation of Japanese banks in the 1980s offers an interesting case study as these banks fell into serious solvency problems in the post-deregulation 1990s. By...

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The aim of this paper is, firstly, to study under which conditions dumping occurs in a vertically related market, secondly, to investigate the effects of a tariff on an intermediate-good,　and lastly, to consider whether the country suffering from dumping has an incentive to impose anti-dumping...