Showing 1 - 10 of 15
A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number k of public facilities to be located. We consider public facilities that do not su¤er from congestion and are non-excludable. We provide a characterization of...
Persistent link: https://www.econbiz.de/10008617066
We consider a probabilistic approach to the problem of assigning K indivisible identical objects to a set of agents with single-peaked preferences. Using the ordinal extension of preferences, we characterize the class of uniform probabilistic rules by Pareto efficiency, strategy-proofness, and...
Persistent link: https://www.econbiz.de/10005545610
The notion of diversity is an issue that is of relevance in several contexts. This paper provides an axiomatic approach to the measurement of diversity. We characterize two nested classes of ordinal measures of diversity and an important member of these classes.
Persistent link: https://www.econbiz.de/10005545635
This paper examines several families of population principles in the light of a set of axioms. In addition to the critical level utilitarian, number-sensitive critical-level utilitarian and number-dampened families and their generalized counterparts, we consider the restricted number-dampened...
Persistent link: https://www.econbiz.de/10005353045
Moulin (1999) characterizes the fixed-path rationing methods by efficiency, strategy-proofness, consistency, and resource-monotonicity. In this note, we give a straightforward proof of his result.
Persistent link: https://www.econbiz.de/10005133098
We study the problem of locating two public Godds for a group of agents with single-peaked preferences over an interval.
Persistent link: https://www.econbiz.de/10005133102
In this paper, we present graphical and quantitative evidence on the important role played by changes in labor market institutions on the rise in wage inequality in the United States during the 1980s. We show that the decline in the real value of the minimium wage and in the rate of unionization...
Persistent link: https://www.econbiz.de/10005729590
Although the theory of greatest-element rationalizability and maximal-element rationalizability under general domains and without full transitivity of rationalizing relations is well-developed in the literature, these standard notions of rational choice are often considered to be too demanding....
Persistent link: https://www.econbiz.de/10008617022
Ever since Sen (1993) criticized the notion of internal consistency of choice, there exists a wide spread perception that the standard rationalizability approach to the theory of choice has difficulties coping with the existence of external social norms. This paper introduces a concept of...
Persistent link: https://www.econbiz.de/10008617071
Single-peaked preferences have played an important role in the literature ever since they were used by Black (1948) to formulate a domain restriction that is sufficient for the exclusion of cycles according to the majority rule. In this paper, we approach single-peakedness from a...
Persistent link: https://www.econbiz.de/10008617077