Showing 1 - 10 of 12
We study two‐stage collective decision‐making procedures where in the first stage, part of the voters decide what issues will be put in the agenda and in the second stage, the whole set of voters decides on the positions to be adopted regarding the issues that are in the agenda. Using a...
Persistent link: https://www.econbiz.de/10014485907
We study the possibilities for agenda manipulation under strategic voting for two prominent sequential voting procedures: the amendment procedure and the successive procedure. We show that a well known result for tournaments, namely that the successive procedure is (weakly) more manipulable than...
Persistent link: https://www.econbiz.de/10012010068
A decision maker may not perfectly maximize her preference over the feasible set. She may feel it is good enough to maximize her preference over a sufficiently large consideration set; or just require that her choice is sufficiently well-ranked (e.g., in the top quintile of options); or even...
Persistent link: https://www.econbiz.de/10012058642
We model the decision problems faced by the members of societies whose new members are determined by vote. We adopt a number of simplifying assumptions: the founders and the candidates are fixed; the society operates for a fixed number of periods and holds elections at the beginning of each period;...
Persistent link: https://www.econbiz.de/10011608403
Non-positivity of the generalized substitution effect, non-positivity of the own-price substitution effect, homogeneity of degree zero in all prices and income, and the law of demand are some of the most primitive comparative static results in the standard revealed preference theory of...
Persistent link: https://www.econbiz.de/10010269516
The joint UNRISD-UNESCO series of Occasional Papers on Culture and Development is a first step in facilitating and catalyzing an international debate on culture and development based on high-quality research. In this, the second paper in the series, the author considers some conceptual issues...
Persistent link: https://www.econbiz.de/10011580176
Food insecurity and hunger have traditionally been measured by aggregate food supplies or by variables correlated with food insecurity. Because these measures often poorly reflect individuals’ true deprivation, economists have turned to surveys with direct questions about food insecurity....
Persistent link: https://www.econbiz.de/10010284652
We employ the theory of rational choice to examine whether observable choices from feasible sets of prospects can be generated by the optimization of some underlying decision criterion under uncertainty. Rather than focusing on a specific theory of choice, our objective is to formulate a general...
Persistent link: https://www.econbiz.de/10010317069
We provide an axiomatic treatment of the measurement of economic insecurity, assuming that individual insecurity depends on the current wealth level and its variations experienced in the past. The first component plays the role of a buffer stock to rely on in case of an adverse future event. The...
Persistent link: https://www.econbiz.de/10010319924
We examine the measurement of individual poverty in an intertemporal context. Our aim is to capture the importance of persistence in a state of poverty and we characterize a corresponding individual intertemporal poverty measure. Our first axiom requires that intertemporal poverty is identical...
Persistent link: https://www.econbiz.de/10010280203