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In this paper, we introduce the weak and the strong notions of partially honest agents (Dutta and Sen, 2012), and then study implementation by natural price-quantity mechanisms (Saijo et al., 1996, 1999) in pure exchange economies with three or more agents in which pure-consequentialistically...
Persistent link: https://www.econbiz.de/10011108539
It is difficult to identify acts that are purely altruistic, and do not have some level of egoism or self-interest involved. By considering situations where team members seemingly have nothing to gain by the way they distribute points to others with regard to peer evaluation, and where their...
Persistent link: https://www.econbiz.de/10011170136
This paper studies implementation problems in the wake of a recent new trend of implementation theory which incorporates a non-consequentialist flavor of the evidence from experimental and behavioral economics into the issues. Specifically, following the seminal works by Matsushima (2008) and...
Persistent link: https://www.econbiz.de/10008839197
Social well-being is intrinsically multidimensional. Welfare indices attempting to reduce this complexity to a unique measure abound in many areas of economics and public policy. Ranking alternatives based on such measures depends, sometimes critically, on how the different dimensions of welfare...
Persistent link: https://www.econbiz.de/10011107625
This paper deals with electing candidates. In elections voters are frequently offered a small set of actions (voting in favor of one candidate, voting blank, spoiling the ballot, and not showing up). Thus voters can express neither a negative opinion nor an opinion on more than one candidate....
Persistent link: https://www.econbiz.de/10011108684
Social scientists have long speculated about individuals' tendencies to misrepresent their preferences in order to affect the outcome of social choice mechanisms. The fact that preference orderings are generally unobserved, however, has made it very difficult to document strategic behavior...
Persistent link: https://www.econbiz.de/10011109723
When individual judgments ('yes' or 'no') on some propositions are aggregated into collective judgments, the agenda setter can sometimes reverse a collective judgment by changing the set of propositions under consideration (the agenda). I define different kinds of agenda manipulation, and...
Persistent link: https://www.econbiz.de/10011111237
The existence in a geographic area of right-to-work laws prohib­iting the union shop tends to generate a labor-market environment with less union power and thus less labor-market pressure to elevate labor costs. To the extent that right-to-work legislation leads to lower labor costs and hence...
Persistent link: https://www.econbiz.de/10011111582
We study political distortions that emerge in situations where agents’ political power is disproportionate with respect to their economic power. We use the Shapley value to evaluate both the economic and the political power. We show that usual weighted majority voting cannot prevent political...
Persistent link: https://www.econbiz.de/10011258283
All democratic systems are theoretically open to so-called election inversions, i.e., instances wherein a majority of the decision makers prefer one alternative but where the actual outcome is another. The paper examines the complex 1975 Danish government formation process, which involved five...
Persistent link: https://www.econbiz.de/10011258558