Showing 1 - 10 of 233
This paper introduces excluding outlier voters (EOV) as a general mechanism for revealing true preferences in social choices, and for discouraging voters from strategic voting and manipula-tion. This mechanism is general in that it can be implemented with any voting system. The paper...
Persistent link: https://www.econbiz.de/10013241763
In many firms, production requires the division of staff into teams. If only team performance is observable, moral hazard in teams is inevitable. This variant of moral hazard can be overcome or exacerbated by the interpersonal relationships among team members. I investigate how the division of...
Persistent link: https://www.econbiz.de/10011773831
We develop a model of social preferences for network games and study its predictions in a local public goods game with multiple equilibria. The key feature of our model is that players' social preferences are heterogeneous. This gives room for disagreement between players about the “right”...
Persistent link: https://www.econbiz.de/10012851631
This study explores mechanism design for networks of interpersonal relationships. Agents' social (i.e., altruistic or spiteful) preferences and private payoffs are all subject to asymmetric information; utility is (quasi-)linear, types are independent. I show that any network of at least three...
Persistent link: https://www.econbiz.de/10012061117
Externalities and social preferences, such as patience and altruism, play a key role in the endogenous choice of social interactions, which in turn affect the diffusion of a pandemic or patterns of social segregation. We build a dynamic model, augmented with an SIR block, in which agents...
Persistent link: https://www.econbiz.de/10012614779
We develop a model of social preferences for network games and study its predictions in a local public goods game with multiple equilibria. The key feature is that players' social preferences are heterogeneous. This gives room for disagreement between players about the "right" payoff ordering....
Persistent link: https://www.econbiz.de/10013341638
This paper presents a study on the recently proposed linear inequality representation of Arrovian Social Welfare Functions (ASWFs). We first give an alternative proof of the ASWF integer linear inequality representation theorem, and then show several sufficient conditions on preference domains...
Persistent link: https://www.econbiz.de/10010325364
This paper presents a study on the recently proposed linear inequality representation of Arrovian Social Welfare Functions (ASWFs). We first give an alternative proof of the ASWF integer linear inequality representation theorem, and then show several sufficient conditions on preference domains...
Persistent link: https://www.econbiz.de/10011257631
In the standard arrovian framework and under the assumptions that individual preferences and social outcomes are linear orders over the set of alternatives, we provide necessary and sufficient conditions for the existence of anonymous, neutral and reversal symmetric rules and for the existence...
Persistent link: https://www.econbiz.de/10011201346
In the standard arrovian framework and under the assumptions that individual preferences and social outcomes are linear orders over the set of alternatives, we provide necessary and sufficient conditions for the existence of anonymous and neutral rules and for the existence of anonymous and...
Persistent link: https://www.econbiz.de/10011201347