Showing 1 - 9 of 9
In this paper we address several issues related to collective dichotomous decision-making by means of quaternary voting rules, i.e., when voters may choose between four actions: voting yes, voting no, abstaining and not turning up-which are aggregated by a voting rule into a dichotomous...
Persistent link: https://www.econbiz.de/10010317141
A high court has to decide whether a lawis constitutional, unconstitutional, 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/10010317080
We consider allocation problemswith indivisible goods when preferences are single-peaked. In this paper we identify the family of efficient, non-manipulable, consistent, and balanced solutions. We refer those solutions as Temporary Satisfaction Methods, that can be viewed as extensions to the...
Persistent link: https://www.econbiz.de/10010317139
We study a connections model where the strength of a link depends on the amount invested in it and is determined by an increasing strictly concave function. The revenue from investments in links is the value (information, contacts, friendship) that the nodes receive through the network. First,...
Persistent link: https://www.econbiz.de/10014496075
We consider a natural generalization of Jackson and Wolinsky's (J Econ Theory 71:44- 74, 1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that amount. The information that the nodes receive...
Persistent link: https://www.econbiz.de/10014496086
In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More precisely, an exogenous 'societal cover' consisting of a collection of possibly overlapping subsets that covers the whole set of players and such that no set in this collection is...
Persistent link: https://www.econbiz.de/10010272444
We provide a model that allows for a transition between the simplest variation of two basic models of strategic network formation: Bala and Goyal's one-way flow model without decay, where links can be unilaterally formed, and a version without decay of Jackson and Wolinsky's connections model...
Persistent link: https://www.econbiz.de/10011650320
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