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This paper analyzes criteria of fair division of a set of indivisible items among people whose revealed preferences are limited to rankings of the items and for whom no side payments are allowed. The criteria include refinements of Pareto optimality and envy-freeness as well as...
Persistent link: https://www.econbiz.de/10005542789
It is well-known that non-cooperative and cooperative game theory may yield different solutions to games. These differences are particularly dramatic in the case of truels, or three-person duels, in which the players may fire sequentially or simultaneously, and the games may be one-round or...
Persistent link: https://www.econbiz.de/10005545731
Players are assumed to rank each other as coalition partners. Two processes of coalition formation are defined and illustrated: i) Fallback (FB): Players seek coalition partners by descending lower and lower in their preference rankings until some majority coalition, all of whose members...
Persistent link: https://www.econbiz.de/10005423068
Assume that voters must choose between voting yes (Y) and voting no (N) on three propositions on a referendum. If the winning combination is NYY on the first, second, and third propositions, respectively, the paradox of multiple elections is that NYY can receive the fewest votes of the 23 = 8...
Persistent link: https://www.econbiz.de/10005369244
In the first competitive election for President of the Social Choice and Welfare Society, the (official) approval-voting winner differed from the (hypothetical) Borda count winner, who was also the Condorcet winner. But because the election was essentially a toss-up, it is impossible to say who...
Persistent link: https://www.econbiz.de/10005369390
This paper focuses on the fair division of a set of indivisible items between two people when both have the same linear preference order on the items but may have different preferences over subsets of items. Surprisingly, divisions that are envy-free, Pareto-optimal, and ensure that the less...
Persistent link: https://www.econbiz.de/10005369413
Riker's size principle for n-person zero-sum games predicts that winning coalitions that form will be minimal in that any player's defection will negate the coalition's winning status. Brams and Fishburn (1995) applied Riker's principle to weighted-majority voting games in which players have...
Persistent link: https://www.econbiz.de/10005369434
Persistent link: https://www.econbiz.de/10005409342
Persistent link: https://www.econbiz.de/10005461643
In this unusual book, first published by The MIT Press in 1980 and now updated with a new chapter, Steven Brams applies the mathematical theory of games to the Hebrew Bible. Brams's thesis is that God and the human biblical characters acted rationally—that is, given their preferences and their...
Persistent link: https://www.econbiz.de/10004973268