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This paper studies collective choice rules whose outcomes consist of a collection of simultaneous decisions, each one of which is the only concern of some group of individual in society. The need for such rules arises in different contexts, including the establishment of jurisdictions, the...
Persistent link: https://www.econbiz.de/10014188596
The financing of higher education through public spending imposes a transfer of resources from taxpayers to university students and their parents. We provide an explanation for this phenomenon. Those who attend higher education will earn more income in the future and will pay more taxes. People...
Persistent link: https://www.econbiz.de/10005572193
In this paper we consider a model of cooperative production in which rational agents have the possibility to engage in sabotage activities that decrease output. It is shown that sabotage depends on the interplay between the degree of congestion, the technology of sabotage, the number of agents...
Persistent link: https://www.econbiz.de/10005823904
A social choice function is group strategy-proof on a domain if no group of agents can manipulate its final outcome to their own benefit by declaring false preferences on that domain. Group strategy-proofness is a very attractive requirement of incentive compatibility. But in many cases it is...
Persistent link: https://www.econbiz.de/10005168498
A social choice function may or may not satisfy a desirable property depending on its domain of definition. For the same reason, different conditions may be equivalent for functions defined on some domains, while different in other cases. Understanding the role of domains is therefore a crucial...
Persistent link: https://www.econbiz.de/10009399120
We consider situations in which agents are not able to completely distinguish between all alternatives. Preferences respect individual objective indifferences if any two alternatives are indifferent whenever an agent cannot distinguish between them. We present necessary and sufficient conditions...
Persistent link: https://www.econbiz.de/10008584601
In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as reasonable. Our result points out that "solutions" to the coalition formation cannot be interpreted as predictions of what would be ìresting pointsî for a game in the way stable...
Persistent link: https://www.econbiz.de/10008584602
Persistent link: https://www.econbiz.de/10008584604
I present a general theorem on preference aggregation. This theorem implies, as corollaries, Arrow's Impossibility Theorem, Wilson's extension of Arrow's to non-Paretian aggregation rules, the Gibbard-Satterthwaite Theorem and Sen's result on the Impossibility of a Paretian Liberal. The theorem...
Persistent link: https://www.econbiz.de/10008584605
We characterize the set of all individual and group strategy-proof rules on the domain of all single-dipped preferences on a line. For rules defined on this domain, and on several of its subdomains, we explore the implications of these strategy-proofness requirements on the maximum size of the...
Persistent link: https://www.econbiz.de/10008584606