Showing 1 - 5 of 5
We study the problem of rationing a divisible good among a group of people. Each personʼs preferences are characterized by an ideal amount that he would prefer to receive and a minimum quantity that he will accept: any amount less than this threshold is just as good as receiving nothing at all....
Persistent link: https://www.econbiz.de/10011049879
We study rules for choosing between two alternatives when people may be indifferent between them. We specify two strategic requirements for groups of people. The first, group strategy-proofness, says that manipulations by groups ought not make every member of the group better off. The second,...
Persistent link: https://www.econbiz.de/10011065165
We study problems of allocating objects among people. Some objects may be initially owned and the rest are unowned. Each person needs exactly one object and initially owns at most one object. We drop the common assumption of strict preferences. Without this assumption, it suffices to study...
Persistent link: https://www.econbiz.de/10011043015
We specify and compute equilibria of a dynamic policy-making game between a president and a legislature under insitutional rules that emulate those of the US Constitution. Policies are assumed to lie in a two-dimensional space in which one issue dimension captures systemic differences in...
Persistent link: https://www.econbiz.de/10005698228
We study the problem of allocating objects among people. We consider cases where each object is initially owned by someone, no object is initially owned by anyone, and combinations of the two. The problems we look at are those where each person has a need for exactly one object and initially...
Persistent link: https://www.econbiz.de/10009643991