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We pursue the analysis of the Path Serial Cost Sharing Rule by examining how the cost share of an agent varies with respect to its own demand and the one of other agents. We also provide bounds for cost shares under an appropriate assumption on the cost function.<P> On poursuit l'analyse de la...</p>
Persistent link: https://www.econbiz.de/10005510368
The question addressed in this paper is the order of magnitude of the difference between the Borda rule and any given social choice function. A social choice function is a mapping that associates a subset of alternatives to any profile of individual preferences. The Borda rule consists in asking...
Persistent link: https://www.econbiz.de/10005696398
A voting situation, in which voters are asked to rank all candidates pair by pair, induces a tournament and a weighted tournament, in which the strenght of the majority matters. Each of these two tournaments induces in turn a two-player zero-sum game for which different solution concepts can be...
Persistent link: https://www.econbiz.de/10005696425
The usual Condorcet Criterion says that if an alternative is ranked ahead of all other alternatives by an absolute majority of voters, it should be declared the winner. The following partial extension of this criterion to other ranks is proposed: If an alternative is consistently ranked ahead of...
Persistent link: https://www.econbiz.de/10005696427
We scrutinize and compare, from the perspective of modern theory of social choice, two rules that have been used to rank competitors in Figure Skating for the past decades. The first rule has been in use at least from 1982 until 1998, when it was replaced by a new one. We also compare these two...
Persistent link: https://www.econbiz.de/10005696459
The Serial Cost Sharing Rule was originally conceived for situations where the demands of agents pertain to a homogeneous private good, produced by an unreplicable technology. In this context, it is endowed with a variety of desirable equity and coherency properties. This paper investigates the...
Persistent link: https://www.econbiz.de/10005696471
The rule used by the United States Figure Skating Association and the International Skating Union, hereafter the ISU Rule, to aggregate individual rankings of the skaters by the judges into a final ranking, is an interesting example of a social welfare function. This rule is examined thoroughly...
Persistent link: https://www.econbiz.de/10005670331
Condorcet (1785) initiated the statistical approach to vote aggregation. Two centuries later, Young (1988) showed that a correct application of the maximum likelihood principle leads to the selection of rankings called Kemeny orders, which have the minimal total number of disagreements with...
Persistent link: https://www.econbiz.de/10005670342
Given the choice sets produced by a pair of Condorcet social choice correspondences, the following interesting questions arise. Does one of these sets always contain the other? If not, do they always intersect or, on the contrary, can they have an empty intersection? Laffond, Laslier, and Le...
Persistent link: https://www.econbiz.de/10005670351
The problem in which some agents joint together to realize a set of projects and must decide how to share its cost may be seen as a cooperative cost game. In many instances, total cost may naturally be decomposed into joint costs and costs that are specific to individual agents. We show that the...
Persistent link: https://www.econbiz.de/10005100675