Showing 1 - 10 of 62
We provide an extension of the Condorcet Theorem. Our model includes both the Nitzan-Paroush framework of "unequal competencies" and Ladha's model of "correlated voting by the jurors". We assume that the jurors behave "informatively", that is, they do not make a strategic use of their...
Persistent link: https://www.econbiz.de/10014219338
We show that the Aumann-Davis-Maschler bargaining set and the Mas-Colell bargaining set of a non-leveled NTU game that is either ordinal convex or coalition merge convex coincides with the core of the game. Moreover, we show by means of an example that the foregoing statement may not be valid if...
Persistent link: https://www.econbiz.de/10013040545
Persistent link: https://www.econbiz.de/10008660604
Persistent link: https://www.econbiz.de/10009779267
In standard rational choice modelling decisions are made according to given information and preferences. In the model presented here the 'information technology' of individual decision makers as well as their preferences evolve in a dynamic process. In this process decisions are made rationally...
Persistent link: https://www.econbiz.de/10009578580
Persistent link: https://www.econbiz.de/10010488357
Persistent link: https://www.econbiz.de/10010516482
Persistent link: https://www.econbiz.de/10010443005
Persistent link: https://www.econbiz.de/10010478085
Persistent link: https://www.econbiz.de/10003468450