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A tale of two tails : preferences of neutral third-parties in three-player ultimatum games

Bosch-Rosa, Ciril - 2014 - First version: 13/2/2011, This Version: 31/10/2013

We present a three-player game in which a proposer makes a suggestion on how to split $10 with a passive responder. The offer is accepted or rejected depending on the strategy pro le of a neutral third-party whose payoffs are independent from his decisions. If the offer is accepted the split...

Persistent link: https://www.econbiz.de/10010413243

Chapter Twenty-Three. Welfarism, Individual Rights, and Procedural Fairness

Kotaro, Suzumura - In: Handbook of social choice and welfare : volume 2, (pp. 605-685). 2011

Ever since Sen crystallized the logical conflict between the welfaristic value of the Pareto principle and the nonwelfaristic value of individual libertarian rights into what he christened the impossibility of a Paretian liberal , there have been many attempts in social choice theory to...

Persistent link: https://www.econbiz.de/10014025185

Endogenous community formation and collective provision : a procedurally fair mechanism

Güth, Werner - 2013

generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt … fairness approach and compare it with that of optimal, e.g. welfaristic game theoretic mechanism design (e.g. Myerson, 1979 …). -- Collective action ; equality axiom ; mechanism design ; procedural fairness ; public provision …

Persistent link: https://www.econbiz.de/10009736802

Chapter Twenty-One. Fair Allocation Rules

Thomson, William - In: Handbook of social choice and welfare : volume 2, (pp. 393-506). 2011

We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present …

Persistent link: https://www.econbiz.de/10014025187

The economics of transboundary river management

Ansink, Erik; Houba, Harold - 2014

specific attention to the efficiency, sustainability, and fairness of solutions to this model. We compare and contrast both …

Persistent link: https://www.econbiz.de/10010412473

Social preferences under risk : ex-post fairness vs. efficiency

Gaudeul, Alexia - 2015

for me, payoff for the other). This draws attention to inequality in payoffs and thus gives weight to fairness concerns …

Persistent link: https://www.econbiz.de/10011295782

Efficiency and voluntary redistribution under inequality

Aoyagi, Masaki; Nishimura, Naoko; Okano, Yoshitaka - 2017

efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …

Persistent link: https://www.econbiz.de/10011617904

A Bayesian Incentive Compatible Mechanism for Fair Division

Fujinaka, Yuji - 2009

order additivity condition. This result contrasts well with various results on the incompatibility between efficiency and ex …

Persistent link: https://www.econbiz.de/10014212939

A Tale of Two Tails : Preferences of Neutral Third-Parties in Three-Player Ultimatum Games

Bosch-Rosa, Ciril - 2015

We present a new three-player game in which a proposer makes a suggestion on how to split $10 with a passive responder. The offer is accepted or rejected depending on the strategy profile of the neutral third-party whose payoffs are independent from his decisions. If the offer is accepted the...

Persistent link: https://www.econbiz.de/10014158292

A general power index

Lojkine, Ulysse - 2022

I propose a general power index in games. The power of an agent over an outcome is understood as the equilibrium effect on the outcome of variations in the agent’s preferences. I show that the new index, ∆, has the following properties: (i) classic measures of freedom of choice are a special...

Persistent link: https://www.econbiz.de/10014083894