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When rational but myopic agents negotiate over the exchange of indivisible resources, any restriction to the negotiation protocol may prevent the system from converging to a socially optimal allocation in the general case. This paper addresses this issue by analysing how the confinement to...
Persistent link: https://www.econbiz.de/10011072098
In many practical contexts where a number of agents have to find a common decision, the votes do not come all together at the same time. In such situations, we may want to preprocess the information given by the subelectorate (consisting of the voters who have expressed their votes) so as to...
Persistent link: https://www.econbiz.de/10011072290
Voting on multiple related issues is an important and difficult problem. The key difficulty is that the number of alternatives is exponential in the number of issues, and hence it is infeasible for the agents to rank all the alternatives. A simple approach is to vote on the issues one at a...
Persistent link: https://www.econbiz.de/10011073349
In many real-world group decision making problems, the set of alternatives is a Cartesian product of finite value domains for each of a given set of variables (or issues). Dealing with such domains leads to the following well-known dilemma: either ask the voters to vote separately on each issue,...
Persistent link: https://www.econbiz.de/10010707709