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Are there group decision methods which (i) give everyone, including minorities, an equal share of effective decision power even when voters act strategically, (ii) promote consensus and equality, rather than polarization and inequality, and (iii) do not favour the status quo or rely too much on...
Persistent link: https://www.econbiz.de/10015407848
We develop a procedure for implementing an efficient and envy-free allocation of m objects among n individuals with the possibility of monetary side-payments, assuming that players have quasi-linear utility functions. The procedure eliminates envy by compensating envious players. It is fully...
Persistent link: https://www.econbiz.de/10005752999