Inessential games and non-imposed solutions to allocation problems
Charles Bird
Public Choice, 1975, vol. 22, issue 1, 102 pages
Abstract:
The basic objective of this paper has been to develop some mathematical models for shortage situations (both real and psychological) in which the solution is determined by the participants. The purpose of these models is to highlight some of the inequities which may result when such bargaining goes on and to observe that under certain conditions the structure of the game is such that each player may be able to salvage at least a partial allocation. This can occur when the game is not status quo stable for power weighted solutions, or when priorities are equal for priority solutions. Majority solutions can counteract powerful groups and can minimize the number of unsatiated parties. But some majority solutions can also be unfair by discriminating against the remaining players. These models may be of some use in determining whether or not outside regulation of a particular situation is a sound policy. Copyright Center for Study of Public Choice Virginia Polytechnic Institute and State University 1975
Date: 1975
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1007/BF01719053 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:22:y:1975:i:1:p:91-102
Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11127/PS2
DOI: 10.1007/BF01719053
Access Statistics for this article
Public Choice is currently edited by WIlliam F. Shughart II
More articles in Public Choice from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().