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We examine the range of anonymity that is compatible with a Paretian social welfare relation (SWR) on infinite utility streams. Three alternative coherence properties of an SWR are considered, namely, acyclicity, quasi-transitivity, and Suzumura consistency. For each case, we show that a...
Persistent link: https://www.econbiz.de/10011117954
This paper shows that in private value environments, strategy-proofness and the rectangular property are necessary conditions for (full) robust implementation (Bergemann and Morris, 2011). As corollaries, we obtain the equivalence between robust and secure implementation (Saijo et al., 2007),...
Persistent link: https://www.econbiz.de/10010785201
We consider the problem of allocating multiple units of an indivisible good among a group of agents in which each agent demands at most one unit of the good and money payment or receipt is required. Under general preference domains that may contain non quasi-linear preferences, the Vickrey...
Persistent link: https://www.econbiz.de/10010848185
We analyze the problem of a jury that must rank a set of contestants whose socially optimal ranking is common knowledge among jurors who may have friends among the contestants and may, therefore, be biased in their friends' favor. We show a natural mechanism that is finite and complete...
Persistent link: https://www.econbiz.de/10010931204
This paper examines the endogenous choice between democracy and conflict in a scenario with different social classes in terms of income inequality and with parties representing each of the two social classes. We consider how the change in economic inequality between the poor and rich people...
Persistent link: https://www.econbiz.de/10010836199
Abstract This paper considers the problem of allocating multiple divisible commodities among a group of agents with single-peaked preferences. We show that the uniform rule is the only allocation rule that satisfies strategy-proofness, envy-freeness, and same-sidedness: the third axiom is a weak...
Persistent link: https://www.econbiz.de/10008870881
Persistent link: https://www.econbiz.de/10008744536
By focusing on players’ relative contributions, we study some properties for values in positive cooperative games with transferable utilities. The well-known properties of symmetry (also known as “equal treatment of equals”) and marginality are based on players’ marginal contributions to...
Persistent link: https://www.econbiz.de/10011154907
Persistent link: https://www.econbiz.de/10010728286
We axiomatize the well-known Hirsch index (h-index), which evaluates researcher productivity and impact on a field, and formalize a new axiom called head-independence. Under head-independence, a decrease, to some extent, in the number of citations of “frequently cited papers” has no effect...
Persistent link: https://www.econbiz.de/10011039463