Now showing items 1-10 of 150
Unilateral vs. Bilateral link-formation: Bridging the gap
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-05-28)
We provide a model that bridges the gap between two benchmark models of strategic network formation: Jackson and Wolinsky' s model based on bilateral formation of links, and Bala and Goyal's two-way fl ow model, where links ...
Quaternary dichotomous voting rules
In this paper we provide a general model of "quaternary" dichotomous voting rules (QVRs), namely, voting rules for making collective dichotomous decisions (to accept or reject a proposal), based on vote profiles in which ...
Information, stability and dynamics in networks under institutional constraints
In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More precisely, an exogenous "societal cover" consisting of a collection of possibly overlapping subsets that ...
Turnout Intention and Social Networks
How can networking affect the turnout in an election? We present a simple model to explain turnout as a result of a dynamic process of formation of the intention to vote within Erdös-Renyi random networks. Citizens have ...
An axiomatization of success
In this paper we give an axiomatic characterization of three families of measures of success defined by Laruelle and Valenciano (2005) for voting rules.
Consumption-Leisure Trade-offs and Persistency in Business Cycles
This paper studies whether nonseparabilities between consumption and leisure may help to explain the observed persistence in GNP growth. We consider an extended version of Lucas' (1988) human capital investment model that ...
Environmental Standards, Wage Incomes and the Location of Polluting Firms
The purpose of this paper is to study how the choice of environmental standards by governments is affected by the existence of wage incomes when firms' location is endogenous. In developed countries labor is unionized, ...
To appove or not to approve: this is not the only question
This paper deals with electing candidates. In elections voters are frequently offered a small set of actions (voting in favor of one candidate, voting blank, spoiling the ballot, and not showing up). Thus voters can ...
Are Labor and Freedom Compatible? Political Economy, Hegel’s Practical Philosophy and the Young Marx
(Fundamentos del Análisis Económico I, UPV/EHU, 2017)
The question discussed in this paper is whether a political society not emancipated from labor can be a free society. In a less abstract way, the question can be posed as follows; can a society with a laboring class and a ...
The von Neumann-Morgenstern stable sets for 2x2 games
(Departamento de Fundamentos del Análisis Económico IDepartamento de Economía Aplicada IV, 2012-11)
We analyze the von Neumann and Morgenstern stable sets for the mixed extension of 2 2 games when only single profitable deviations are allowed. We show that the games without a strict Nash equilibrium have a unique vN&M ...