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Persistent link: https://www.econbiz.de/10001662863
In this paper, we report on a series of free-form bargaining experiments in which two players have to distribute four indivisible goods among themselves. In one treatment the monetary payoffs associated with each bundle of goods are common knowledge; in a second treatment only the ordinal ranking...
Persistent link: https://www.econbiz.de/10002515890
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Persistent link: https://www.econbiz.de/10003647027
We propose a model of "frugal aggregation" in which the evaluation of social welfare must be based on information about agents' top choices plus general qualitative background conditions on preferences. The former is elicited individually, while the latter is not. We apply this model to problems...
Persistent link: https://www.econbiz.de/10011999810
We study the effect on the participation rate of employing different voting rules in the context of the problem to allocate a fixed monetary budget to two different public projects. Specifically, we compare the mean rule according to which the average of the individually proposed allocations is...
Persistent link: https://www.econbiz.de/10012818254