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We model the decision problems faced by the members of societies whose new members are determined by vote. We adopt a number of simplifying assumptions: the founders and the candidates are fixed; the society operates for k periods and holds elections at the beginning of each period; one vote is...
Persistent link: https://www.econbiz.de/10005043003
A 4-person quota game is analyzed and discussed, in which players find it beneficial to pay others, in order to encourage favorable coalition structure.
Persistent link: https://www.econbiz.de/10005585394
The problem of distributing a given amount of a divisible good among a set of agents which may have individual entitlements is considered here. A solution to this problem, called the Rights-Egalitarian Solution, is proposed and characterized. This allocation rule divides equally among the agents...
Persistent link: https://www.econbiz.de/10008542878
Persistent link: https://www.econbiz.de/10005359427
We model the decision problems faced by the members of societies whose new members are determined by vote. We adopt a number of simplifying assumptions: the founders and the candidates are fixed; the society operates for k periods and holds elections at the beginning of each period; one vote is...
Persistent link: https://www.econbiz.de/10014215836