نتایج جستجو برای: d71
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In this paper we provide a general model of quaternarydichotomous voting rules (QVRs), namely, voting rules for making collective dichotomous decisions (to accept or reject a proposal), based on vote pro les in which four options are available to each voter: voting (yes, noor abstaining) or staying home and not turning out. The model covers most of actual real-world dichotomus rules, wh...
In this paper we consider Bayesian implementation of rational-expectations Lindahl allocations for economic environments with public goods when agents are incompletely informed about environments. We construct a continuous and feasible mechanism whose Bayesian equilibrium allocations coincide with rational-expectations Lindahl allocations. We not only allow the types of individuals to be unknow...
The division problem consists of allocating an amount of a perfectly divisible good among a group of n agents. Sprumont (1991) showed that if agents have single-peaked preferences over their shares, then the uniform allocation rule is the unique strategy-proof, efficient, and anonymous rule. We identify the maximal set of preferences, containing the set of single-peaked preferences, under which...
The veil of ignorance has been used often as a tool for recommending what justice requires with respect to the distribution of wealth. We complete Harsanyi’s model of the veil of ignorance by appending information permitting interpersonal comparability of welfare. We show that the veil-of-ignorance conception of John Harsanyi, so completed, and Ronald Dworkin’s, when modeled formally, recommend...
This paper deals with the problem of incentive mechanism design in non-convex production economies when production sets and preferences both are unknown to the designer. We consider Nash-implementation of loss-free, average cost, marginal cost, voluntary trading, and quantity-taking pricing equilibrium allocations in economies involving increasing returns to scale or more general types of non-c...
In an infinite-horizon setting, Ferejohn and Page showed that Arrow’s axioms and stationarity lead to a dictatorship by the first generation. Packel strengthened this result by proving that no collective choice rule generating complete social preferences can satisfy unlimited domain, weak Pareto and stationarity. We prove that a domain restriction can be imposed and completeness can be dropped ...
We study the role of intergroup mobility in the emergence of conflict. Two groups compete for the right to allocate society’s resources. We allow for costly intergroup mobility. The winning group offers an allocation, which the opposition can accept or reject, and wage conflict. Agents can also switch group membership. Expropriating a large share of resources increases political strength by att...
For many people “solidarity” has become a meaningless word used in slogans – too often used without leading to any economic consequences. We show in this paper conditions under which solidarity can be a powerful instrument. In a solidary action, an individual in a group contributes to a series of actions that aims for a reallocation of scarce resources. The willingness to contribute is mainly i...
We consider the problem of randomly assigning n indivisible objects to n agents. Recent research introduced a promising mechanism, the probabilistic serial that has superior e¢ ciency properties than the most common real-life mechanism random priroity. On the other hand, mechanisms based on Gales celebrated top trading cycles method have long dominated the indivisible goods literature (with th...
I consider a standard implementation problem under complete information when agents have a minimal degree of honesty. In particular, I assume that agents are white lie averse: they strictly prefer to tell the truth whenever lying has no eect on their material payo. I show that if there are at least five agents who are all white lie averse and if I impose either of two refinements of Nash equi...
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