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Unanimous voting as the fundamental procedural source of political legitimacy grants veto power to each individual. We present an axiomatic characterization of a class of bidding processes to spell out the underlying egalitarian values for collective projects of a "productive state". At heart of...
Persistent link: https://www.econbiz.de/10008863956
Relying on the specific example of ultimatum bargaining experiments this paper explores the possible role of empirical knowledge of behavioural "norm(ative) facts" within the search for (W)RE -- (Wide) Reflective Equilibria on normative issues. Assuming that "pro-social" behaviour "reveals"...
Persistent link: https://www.econbiz.de/10008869463
Game and decision theory start from rather strong premises. Preferences, represented by utilities, beliefs represented by probabilities, common knowledge and symmetric rationality as background assumptions are treated as “given.” A richer language enabling us to capture the process leading...
Persistent link: https://www.econbiz.de/10008682985
Conflit et coopération sociaux sont le plus souvent conçus en termes de jeux simples, non répétés, effectués deux par deux, symétriques et simultanés tels que le dilemme du prisonnier, 'chicken', assurance ou 'stag hunt'. Il nous semble qu'un tel ensemble d'exemples donne une optique...
Persistent link: https://www.econbiz.de/10005217553
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism to public projects provision. In the experiments, not all parties benefit from provision, and the projects´ costs can be negative. The experimental results indicate that the...
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