Search
Now showing items 11-18 of 18
A potential approach to claims problems
(Departamento de Economía Aplicada IV, UPV/EHU, 2015)
Hart and Mas Colell (1989) introduce the potential function for cooperative TU games. In this paper, we extend this approach to claims problems, also known as bankruptcy or rationing problems. We show that for appropriate ...
The minimal overlap cost sharing rule
(Departamento de Economía Aplicada IV, UPV/EHU, 2015)
In this paper we introduce a new cost sharing rule-the minimal overlap cost sharing rule-which is associated with the minimal overlap rule for claims problems defined by O'Neill (1982). An axiomatic characterization is ...
Network formation under institutional constraints
(2011-05)
We study the effects of institutional constraints on stability, efficiency and network formation. An exogenous "societal cover" consisting of a collection of possibly overlapping subsets covering the set of players specifies ...
Majorities with a quorum
(2010-01)
Based on a general model of "quaternary" voting rule, sensitive to voters' choices between four different options (abstaining, voting "yes", voting "no" and staying home), we systematically study different types of majority ...
Preferences, actions and voting rules
(2011-01-17)
In this paper we address several issues related to collective dichotomous decision-making by means of quaternary voting rules, i.e., when voters may choose between four actions: voting yes, voting no, abstaining and not ...
Preferences, actions and voting rules
(Springer, 2012-03)
In this paper we address several issues related to collective dichotomous decision-making by means of quaternary voting rules, i.e., when voters may choose between four actions: voting yes, voting no, abstaining and not ...
Quaternary dichotomous voting rules
(2010-01)
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
(2010-07)
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 ...