Decision-Making in Committees Game-Theoretic Analysis
Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee mem
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Nicola F. Maaser
Decision-Making in Committees Game-Theoretic Analysis
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Dr. Nicola F. Maaser School of Law, Business and Economics University of Bayreuth Universitätsstraße 30 95447 Bayreuth Germany [email protected]
ISSN 0075-8442 ISBN 978-3-642-04152-5 e-ISBN 978-3-642-04153-2 DOI 10.1007/978-3-642-04153-2 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2009941528 c Springer-Verlag Berlin Heidelberg 2010 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: SPi Publisher Services Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Acknowledgments
I would like to thank Manfred J. Holler, my supervisor, for his many stimulating suggestions and his support during this research. I would also like to express my gratitude to Mika Widgr´en for acting as my second supervisor. I am particularly grateful to Stefan Napel who provided a constant flow of detailed comments and encouragement. Material for this book benefitted from constructive criticism by Matthew Braham, Anke Gerber, Andreas Nohn, and a large number of seminar, workshop, and conference participants. Thanks also go to Jolanda Porembski for organizational help, and to Andreas Heymann, Elisabeth Kahnert, and Hartmut Wriedt who provided access to the computing facilities necessary for extensive simulations. Finally, I wish to thank Marik who has been “the wind beneath my wings” over the past years. Hamburg, January 2009
Nicola F. Maaser
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Contents
1
Games and Political Decisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . 1.1 Basic Concepts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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