Zobrazeno 1 - 10
of 163
pro vyhledávání: '"Toyotaka Sakai"'
Publikováno v:
Experimental Economics. 25:902-941
We conduct laboratory experiments for the multi-unit Vickrey auction with and without advice to subjects on strategy-proofness. The rate of truth-telling among the subjects without advice stays at 20%, whereas the rate increases to 47% among those wh
Publikováno v:
Experimental Economics. 26:249-250
Autor:
Toyotaka Sakai, Noriaki Okamoto
Publikováno v:
Review of Economic Design. 23:75-89
Jean-Charles de Borda introduced the Borda rule with the motivation of avoiding the so-called pairwise-majority-loser. We revisit this topic by examining the uniqueness of the Borda rule as a scoring rule that is consistent with the pairwise-majority
Publikováno v:
SSRN Electronic Journal.
We conduct laboratory experiments for the multi-unit Vickrey auction with and without providing advice to subjects on strategy-proofness. Although the rate of truth-telling among the subjects stays at 20% without advice, the rate increases to 47% wit
Autor:
Toyotaka Sakai
Publikováno v:
The Japanese Economic Review. 68:323-332
A local referendum was held in Kodaira City, Tokyo, on May 26 of 2013, but the voting box remained sealed. It was because the voter turnout did not reach the 50%-hurdle to open the box. Based on the Rousseausian considera
Autor:
Toyotaka Sakai
Publikováno v:
Social Choice and Welfare. 47:481-500
Equal treatment of all generations is a fundamental ethical principle in intertemporal welfare economics. This principle is expressed in anonymity axioms of orderings on the set of infinite utility streams. We first show that an ordering satisfies fi
Autor:
Toyotaka Sakai
Publikováno v:
Japanese Economic Review. 66:260-270
In Book IV, Chapter II of The Social Contract, Jean-Jacques Rousseau argued that the nearer opinion approaches unanimity in an assembly, the greater is the dominance of the general will. The present study revisits this classical argument in a one-dim
Autor:
Masao Ogaki, Toyotaka Sakai
Publikováno v:
Japanese Economic Review. 66:147-149
Autor:
Toyotaka Sakai
Publikováno v:
International Journal of Economic Theory. 9:255-265
In single-item auctions, we show that an auction rule satisfies weak efficiency, strategy-proofness, and non-imposition if and only if it is either a second price auction with a reserve price or the no-trade rule. In this characterization, any reserv
Autor:
Toyotaka Sakai
Publikováno v:
Review of Economic Design. 17:17-26
In a single item auction model that allows non-quasilinear preferences, we show that an auction rule satisfies weak envy-freeness for equals, strategy-proofness, and nonimposition if and only if it is a (generalized) second price auction. This charac