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...

This survey reviews the economic thoughts about what and why do institutional market players lose because of the existing market frictions and particular financial market microstructures compared to walrasian markets. Within a unified microeconomic framework, we introduce the most common...

This survey reviews the economic thoughts about what and why do institutional market players lose because of the existing market frictions and particular financial market microstructures compared to walrasian markets. Within a unified microeconomic framework, we introduce the most common...

Dolgozatomban bemutatom az Imperiali és Macau körzetkiosztási módszereket és megvizsgálom, hogy egy alapvető arányossági kritériumnak, az ún. Hare-kvóta tulajdonságnak mennyire felelnek meg. Emellett arra a kérdésre keresem a választ, hogy a két módszer valóban kedvez-e a...