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I examine the behavior of subjects in common value auctions with both experienced and inexperienced bidders in the same market. Subjects know that they are competing against both experienced and inexperienced subjects and can observe bidding behavior of their opponents after an auction round....
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We investigate whether the simple plurality rule aggregates information efficiently in a large election with three alternatives. The environment is the same as in the Condorcet Jury Theorem (Condorcet (1785)). Voters have common preferences that depend on the unknown state of nature, and they...
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In a model in which agents differ in wages and preferences over labor time-consumption bundles, we study labor income tax schemes that alleviate poverty. To avoid conflict with individual well-being, we require redistribution to take place between agents on both sides of the poverty line...
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We study direct democracy with population uncertainty. Voters’ participation is often among the desiderata by the election designer. We show that with a participation quorum, i.e. a threshold on the fraction of participating voters below which the status quo is kept, the status quo may be kept...
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Nous proposons une méthode pour évaluer la capacité des systèmes de taxation du revenu de diminuer la pauvreté, lorsque celle-ci est définie en cohérence avec une notion de niveau de vie issue de l'éthique de la responsabilité. Selon cette éthique, toutes les inégalités ne sont pas...
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The adoption of gender quotas inpart y lists has beena voluntary decision by many parties in many countries, and is now a subject of discussioninman y others. The Parity Low passed inF rance in 2001 is particularly interesting because for the first time the quota was set at 50 percent, and the...
Persistent link: https://www.econbiz.de/10005043433
In a model where agents have unequal production skills and different preferences, we build social welfare functions which rely only on ordinal non-comparable information on individual preferences. Social welfare functions are required to satisfy properties of compensation for inequalities in...
Persistent link: https://www.econbiz.de/10005043477