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We present a simplified model of the evolution of a society which is regulated by a formal unanimity voting procedure. We examine several protocols, which depend on whether admission or expulsion are permissible, and on the order with which they are implemented. Conditions which ensure the...
Persistent link: https://www.econbiz.de/10005598424
We introduce in this note the consistent organizational structure (COS) problem, which can be viewed as a generalization of the college admission and room-mates problems. Both the room-mates problem and the COS problem may have no stable solution. When side payments are allowed, the COS problem,...
Persistent link: https://www.econbiz.de/10009204166