Showing 1 - 9 of 9
In social choice settings with linear preferences, random dictatorship is known to be the only social decision scheme satisfying strategyproofness and ex post efficiency. When also allowing indifferences, random serial dictatorship (RSD) is a well-known generalization of random dictatorship that...
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Tournament solutions, i.e., functions that associate with each complete and asymmetric relation on a set of alternatives a nonempty subset of the alternatives, play an important role in the mathematical social sciences at large. For any given tournament solution <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$S$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mrow> <mi>S</mi> </mrow> </math> </EquationSource> </InlineEquation>, there is another...</equationsource></equationsource></inlineequation>
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We present the first polynomial-time algorithm for computing the minimal covering set of a (weak) tournament. The algorithm draws upon a linear programming formulation of a subset of the minimal covering set known as the essential set. On the other hand, we show that no efficient algorithm...
Persistent link: https://www.econbiz.de/10005307805
Rationalizability and similar notions of consistency have proved to be highly problematic in the context of social choice, as witnessed by a range of impossibility results, among which Arrow[modifier letter apostrophe]s is the most prominent. We propose to rationalize choice functions by...
Persistent link: https://www.econbiz.de/10009249198
We propose a systematic methodology for defining tournament solutions as extensions of maximality. The central concepts of this methodology are maximal qualified subsets and minimal stable sets. We thus obtain an infinite hierarchy of tournament solutions, encompassing the top cycle, the...
Persistent link: https://www.econbiz.de/10009249210
In 1990, motivated by applications in the social sciences, Thomas Schwartz made a conjecture about tournaments which would have had numerous attractive consequences. In particular, it implied that there is no tournament with a partition A, B of its vertex set, such that every transitive subset...
Persistent link: https://www.econbiz.de/10010634379
A minimal requirement on allocative efficiency in the social sciences is Pareto optimality. In this paper, we identify a close structural connection between Pareto optimality and perfection that has various algorithmic consequences for coalition formation. Based on this insight, we formulate the...
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