Social Choice and Strategic Decisions

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Release : 2006-03-30
Genre : Business & Economics
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Book Rating : 95X/5 ( reviews)

Social Choice and Strategic Decisions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Social Choice and Strategic Decisions write by David Austen-Smith. This book was released on 2006-03-30. Social Choice and Strategic Decisions available in PDF, EPUB and Kindle. Social choices, about expenditures on government programs, or about public policy more broadly, or indeed from any conceivable set of alternatives, are determined by politics. This book is a collection of essays that tie together the fields spanned by Jeffrey S. Banks' research on this subject. It examines the strategic aspects of political decision-making, including the choices of voters in committees, the positioning of candidates in electoral campaigns, and the behavior of parties in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game-theoretic analysis, to empirical investigation, to experimental testing.

The Strategy of Social Choice

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Release : 2014-07-14
Genre : Psychology
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Book Rating : 88X/5 ( reviews)

The Strategy of Social Choice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Strategy of Social Choice write by H. Moulin. This book was released on 2014-07-14. The Strategy of Social Choice available in PDF, EPUB and Kindle. Advanced Textbooks in Economics, Volume 18: The Strategy of Social Choice focuses on the social, economics, and political implications of social choice. The publication first surveys introduction, social choice functions and correspondences, and monotonicity and the arrow theorem. Discussions focus on efficiency, anonymity and neutrality, classifying voting methods, normative versus positive approach to voting, voting and the non-strategic theory of social choice, and development of the strategic theory of voting. The text then ponders on strategy-proofness and monotonicity and sophisticated voting. Topics include sophisticated implementation, voting by binary choices, strategy-proof social choice functions and game forms, Gibbard-Satterthwaite theorem, and restricted domains. The manuscript examines cooperative voting and voting by veto, including the minority principle, proportional veto core, voting by integer veto, effectivity functions, maximal and stable effectivity functions, and implementation by Nash equilibrium. The text is a dependable source of data for researchers interested in the process of social choice.

Strategic Social Choice

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Release : 2010-08-25
Genre : Business & Economics
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Book Rating : 756/5 ( reviews)

Strategic Social Choice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Strategic Social Choice write by Bezalel Peleg. This book was released on 2010-08-25. Strategic Social Choice available in PDF, EPUB and Kindle. This book was written mainly during the Spring periods of 2008 and 2009, when the ?rst author was visiting Maastricht University. Financial s- port both from the Dutch Science Foundation NWO (grants 040. 11. 013 and 0. 40. 11. 082) and from the research institute METEOR (Maastricht Univ- sity) is gratefully acknowledged. Jerusalem Bezalel Peleg Maastricht Hans Peters April 2010 v Contents Preview to this book . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi Part I Representations of constitutions 1 Introduction to Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1. 1 Motivation and summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1. 2 Arrow’s constitution. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1. 3 Arrow’s Impossibility Theorem and its implications. . . . . . . . . 4 1. 4 Ga ̈rdenfors’s model. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1. 5 Notes and comments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 2 Constitutions, e?ectivity functions, and game forms . . . . . . 7 2. 1 Motivation and summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 2. 2 Constitutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 2. 3 Constitutions and e?ectivity functions . . . . . . . . . . . . . . . . . . . . 12 2. 4 Game forms and a representation theorem. . . . . . . . . . . . . . . . . 16 2. 5 Representation and simultaneous exercising of rights. . . . . . . . 19 2. 6 Notes and comments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 3 Nash consistent representations. . . . . . . . . . . . . . . . . . . . . . . . . . . 21 3. 1 Motivation and summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 3. 2 Existence of Nash consistent representations: a general result 22 3. 3 The case of ?nitely many alternatives. . . . . . . . . . . . . . . . . . . . . 24 3. 4 Nash consistent representations of topological e?ectivity functions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 3. 5 Veto functions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 3. 5. 1 Finitely many alternatives. . . . . . . . . . . . . . . . . . . . . . . . . 34 3. 5. 2 Topological veto functions. . . . . . . . . . . . . . . . . . . . . . . . . 36 3. 6 Liberalism and Pareto optimality of Nash equilibria. . . . . . . . . 40 3. 7 Notes and comments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 vii viii Contents 4 Acceptable representations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 4. 1 Motivation and summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Social Choice Mechanisms

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Release : 2012-11-02
Genre : Business & Economics
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Book Rating : 056/5 ( reviews)

Social Choice Mechanisms - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Social Choice Mechanisms write by Vladimir I. Danilov. This book was released on 2012-11-02. Social Choice Mechanisms available in PDF, EPUB and Kindle. The theory of social choice deals with both the processes and results of col lective decision making. In this book, we explore some issues in the theory of social choice and mechanism design. We examine the premises of this theory, the axiomatic approach, and the mechanism design approach. The main questions are what is collective interest, how is it related to individuals' interests, how should one design social interactions, laws, and in stitutions? These questions are not new. Philosophers, social scientists have indeed pondered upon them for years. And, in fact, the organizational struc tures of many social institutions -courts, parliaments, committees and reg ulatory boards -often lack a sound theoretical base. This is not surprising, as it is, indeed, difficult to provide for a comprehensive formalization of the activities of such organizations. Nevertheless, there has been a definite trend towards providing clear and unambiguous rules for collective decision mak ing. These very rules constitute the body of social choice theory and its main object. The basic problem of social choice We explain here more precisely what a problem of social choice is, what approaches might be used to tackle it, and what kind of solutions it leads to. We introduce a few basic notions in preliminarily fashion and, in doing so, we stress both motivations and explanations.

Social Choice Theory

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Release : 2013-03-09
Genre : Business & Economics
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Book Rating : 25X/5 ( reviews)

Social Choice Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Social Choice Theory write by Jerry S. Kelly. This book was released on 2013-03-09. Social Choice Theory available in PDF, EPUB and Kindle. This is a textbook introducing selected topics in formal social choice theory. Social choice theory studies group choices that are based on information about preferences of members of the group (voting rules being one important special case). This involves economics, which provides the method of modelling individual decision making; political philosophy, which provides criteria about the allocation of decision-influencing power; and game theory, which provides a framework for thinking about the strategies individuals employ in trying to influence the group choice. The goal of this book is to take basic ideas like impossibility theorems, rights exercising and strategy proofness and give the student just enough technical background to be able to understand these ideas in a logically rigorous way. This is done through a set of 250 exercises that constitute the heart of the book and which differentiate this book from all other texts in social choice theory.