Showing 291 - 300 of 377
How can we assess the diversity of a group of decision makers? Identifying decision makers with their preferences, we address this question by applying the multi-attribute approach developed by Nehring and Puppe (2002) to sets of preferences. Specifically, we provide a repertoire of alternative...
Persistent link: https://www.econbiz.de/10014533930
We characterize the preference domains on which the Borda count satisfies Arrow's ``independence of irrelevant alternatives" condition. Under a weak richness condition, these domains are obtained by fixing one preference ordering and including all its cyclic permutations (``Condorcet cycles")....
Persistent link: https://www.econbiz.de/10010263085
In the recent experimental literature several social preference models have been suggested that address observed behavior not reducible to the pursuit of self-interest. Inequality aversion is one such model where preferences are distributional. Frequently, envy is suggested as the underlying...
Persistent link: https://www.econbiz.de/10010263123
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/10010263124
What determines reciprocity in employment relations? We conducted a controlled field experiment to measure the extent to which monetary and non-monetary gifts affect workers' performance. We find that nonmonetary gifts have a much stronger impact than monetary gifts of equivalent value. We also...
Persistent link: https://www.econbiz.de/10010304715
We consider the problem of how societies should be partitioned into classes if individuals express their views about who should be put with whom in the same class. A non-bossy social aggregator depends only on those cells of the individual partitions the society members classify themselves in....
Persistent link: https://www.econbiz.de/10010304719
In a framework with two parties, deterministic voter preferences and a type of geographical constraints, we propose a set of simple axioms and show that they jointly characterize the districting rule that maximizes the number of districts one party can win, given the distribution of individual...
Persistent link: https://www.econbiz.de/10010304720
We characterize the preference domains on which the Borda count satisfies Maskin monotonicity. The basic concept is the notion of a "cyclic permutation domain" which arises by fixing one particular ordering of alternatives and including all its cyclic permutations. The cyclic permutation domains...
Persistent link: https://www.econbiz.de/10015255189
In dynamic resource allocation models, the non-existence of voting equilibria is a generic phenomenon due to the multi-dimensionality of the choice space even with agents heterogeneous only in their discount factors. Nevertheless, at each point of time there may exist a "median voter" whose...
Persistent link: https://www.econbiz.de/10011403443
It is proved that, among all restricted preference domains that guarantee consistency (i.e. transitivity) of pairwise majority voting, the single-peaked domain is the only minimally rich and connected domain that contains two completely reversed strict preference orders.This result has a number...
Persistent link: https://www.econbiz.de/10011712581