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Persistent link: https://www.econbiz.de/10001772822
-out payments. -- bargaining ; coase conjecture ; evolutionary games ; drift …
Persistent link: https://www.econbiz.de/10009693904
This paper analyses issue linkage as a way to increase co-operation on issues where incentives to free-ride are strong. The goal is to determine under what conditions players prefer to link negotiations on two different issues rather than to negotiate on the two issues separately. Suppose that...
Persistent link: https://www.econbiz.de/10011591418
Early results on the emptiness of the core and the majority-rule-chaos results led to the recognition of the importance of modeling institutional details in political processes. A sample of the literature on game-theoretic models of political phenomena that ensued is presented. In the case of...
Persistent link: https://www.econbiz.de/10014024486
In this paper, citizens vote in order to influence the election outcome and in order to signal their unobserved characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting does not arise, because the benefit of voting does...
Persistent link: https://www.econbiz.de/10010357537
Traditional power indices ignore preferences and strategic interaction. Equilibrium analysis of particular non-cooperative decision procedures is unsuitable for normative analysis and assumes typically unavailable information. These points drive a lingering debate about the right approach to...
Persistent link: https://www.econbiz.de/10011410230
We study the consequences of positive correlation of beliefs in the design of voting rules in a model with an arbitrary number of voters. We propose a notion of positive correlation, based on the likelihood of agreement of the k best alternatives (for any k) of two orders called TS correlation....
Persistent link: https://www.econbiz.de/10011673195
Traditional power indices ignore preferences and strategic interaction. Equilibrium analysis of particular non-cooperative decision procedures is unsuitable for normative analysis and assumes typically unavailable information. These points drive a lingering debate about the right approach to...
Persistent link: https://www.econbiz.de/10013320497
the context of Young's (1993b)bargaining model. It turns out that 'cleverness' in this respect indeed does have an … bargaining solution remains the unique long-run outcome when the mutation rate goes to zero. …
Persistent link: https://www.econbiz.de/10010334971
the context of Young's (1993b)bargaining model. It turns out that "cleverness" in this respect indeed does have an … bargaining solution remains the unique long-run outcome when the mutation rate goes to zero. …
Persistent link: https://www.econbiz.de/10005190635