Showing 1 - 10 of 24
We offer complete characterizations of the equilibrium outcomes of two prominent agenda voting institutions that are widely used in the democratic world: the amendment, also known as the Anglo-American procedure, and the successive, or equivalently the Euro-Latin procedure. Our axiomatic...
Persistent link: https://www.econbiz.de/10009493739
This essay deals with the notion and content of freedom of choice proposing a new set up and a new family of measures for this concept which is, indeed, an ethical value of paramount importance in a well ordered and open society. Following some ideas of John StuartMill, we propose that freedom...
Persistent link: https://www.econbiz.de/10010317104
The cleaning up of waste present in transboundary rivers, which re- quires the cooperation of dierent authorities, is a problematic issue, espe- cially when responsibility for the discharge of the waste is not well-dened. Following Ni and Wang [12] we assume that a river is a segment divided...
Persistent link: https://www.econbiz.de/10010819759
The cleaning up of waste present in transboundary rivers, which requires the cooperation of diferent authorities, is a problematic issue, especially when responsibility for the discharge of the waste is not well-defined. Following Ni and Wang [12] we assume that a river is a segment divided into...
Persistent link: https://www.econbiz.de/10010860720
In this note we introduce a family of functions that various theoretical results have revealed as useful mobility measures. These functions have enabled us to circumvent an impossibility result obtained by Shorrocks (1978), by adapting one of his axioms to the context of mobility as movement. A...
Persistent link: https://www.econbiz.de/10010835763
In this paper, I demonstrate that an expanding variety model of endogenous growth with temporary monopoly power exhibits the indeterminacy of equilibrium paths. This implies the existence of a global range of initial growth rates for any initial level of the state variable.
Persistent link: https://www.econbiz.de/10010836125
The cohesion of a society depends to large extend on the degree to which its members coincide in their preferences (the consensus). This paper proposes axioms a consensus measure should satisfy from a normative point of view and characterizes first a class of linear and additive measures which...
Persistent link: https://www.econbiz.de/10005103164
We propose a new class of voting rules, called Size Approval Voting. According to this rule, the efective weight of a vote from a given individual depends on how many other alternatives the very same individual votes for. In particular, weights are assumed to be non-negative and weakly...
Persistent link: https://www.econbiz.de/10005688693
In this note we introduce a family of functions that various theoretical results have revealed as useful mobility measures. These functions have enabled us to circumvent an impossibility result obtained by Shorrocks (1978), by adapting one of his axioms to the context of mobility as movement. A...
Persistent link: https://www.econbiz.de/10005767637
This paper proposes a new framework of choice under uncertainty, where the only information available to the decision maker is about the the ordinal likelihood of the di erent outcomes each action generates. This contrasts both with the classical models where the potential out- comes of each...
Persistent link: https://www.econbiz.de/10005788515