Showing 1 - 10 of 293
The chosen tournament format has a fundamental impact on the popularity and success of a sport. Efficiency of a format describes how well it can reproduce the real but hidden power ranking of the participants. We compare the efficiency of the formats of two individual sports that share similar...
Persistent link: https://www.econbiz.de/10012290300
The chosen tournament format has a fundamental impact on the popularity and success of a sport. Efficiency of a format describes how well it can reproduce the real but hidden power ranking of the participants. We compare the efficiency of the formats of two individual sports that share similar...
Persistent link: https://www.econbiz.de/10012125547
In this paper we compare the classical general equilibrium framework of Smith and Marx with the neoclassical one of … Arrow and Debreu, and find that these competing paradigms of equilibrium clash on a number of critical issues …
Persistent link: https://www.econbiz.de/10005466851
A high court has to decide whether a law is constitutional, un- constitutional, or interpretable. The voting system is runoff. Runoff voting systems can be interpreted both, as social choice functions or as mechanisms. It is known that, for universal domains of preferences, runoff voting systems...
Persistent link: https://www.econbiz.de/10008691150
the equilibrium concept is dominant strategies, the condition is very strong: there must be at least one juror who is … totally impartial, and the planner must have some information about who this juror is. If the equilibrium concept is Nash (or … equilibrium concept. …
Persistent link: https://www.econbiz.de/10008486378
We analyze the problem of a jury choosing the winner from a set of agents when the identity of the deserving winner is common knowledge amongst the jurors but each juror is biased in favor of one di¤erent agent. We propose a simple and natural mechanism that implements the socially optimal rule...
Persistent link: https://www.econbiz.de/10008486381
We study the problem of a society choosing a subset of new members from a finite set of candidates (as in Barber?Sonnenschein, and Zhou, 1991). However, we explicitly consider the possibility that initial members of the society (founders) may want to leave it if they do not like the resulting...
Persistent link: https://www.econbiz.de/10005582717
Analyses of the Hungarian employment situation are almost always concerned only with the change in the number of the employed, unemployed and inactive, not paying particular attention to the flows between these states. This paper discusses a method of calculating labour market flows in a...
Persistent link: https://www.econbiz.de/10010494706
The paper presents a detailed description of the ISMIK model which was developed as a part of "Priority project TÁMOP - 2.3.2-09/1 Establishing labour market forecasts and foreseeing structural changes". The ISMIK model is a dynamic microsimulation model to project individuals' educational...
Persistent link: https://www.econbiz.de/10010494724
The so called classic model of tax compliance behaviour interprets the problem as an individual decision under risk made by a single taxpayer. After a concise description of this model our literature survey investigates whether the empirical results found in the literature corroborate the...
Persistent link: https://www.econbiz.de/10011944897