Tuesday, 18 January 2011

The class of efficient linear symmetric values for games in partition function form (Review)

The paper studies linear, symmetric and efficient (LSE) solutions or values for games in partition function form. The family of such solutions is rather broad and includes the Shapley value, the Consensus value and the Myerson value just to mention some.

Friday, 14 January 2011

Desperate neighbours

Just follow the arrow(s?)
In some of the recent episodes of Desperate Housewives Paul Young has created a social dilemma: a "bank run" for the neighbours on Wisteria Lane. Read on to see the details of his cunning plan. (Spoiler!)

Thursday, 6 January 2011

Discussion of "Matching with Minimal Priority Rights" by Szilvia Pápai

Assigning a seat
Two-sided matching problems with rather different two sides are fairly common. Of course I do not mean the man-woman dichotomy, but rather schools and pupils and offices and staff members. Unlike most authors in the matching literature, Pápai uses this extra info to design a class of matching rules where the two sides are not acting the same. Here are my summary and comments as presented at the annual congress of the Hungarian Society for Economics, 20-21 December, 2011, Budapest.

Tuesday, 4 January 2011

The good, the bad, and the ugly - Media law in Hungary

Hungary has recently passed a new law regulating the media. I obviously cannot read all the international media, but apparently it is full of criticism/concern/outrage. Unfortunately the edge of that criticism is often taken away by the fact that the cited politician is a radical leftist minister of a small country, the leader of the European Socialists or perhaps a Budapest based news reporter who is known to be anti-Orbán irrespective of what he does, whether he is in or out of power. I haven't really heard of criticisms of Mr Orbán's Christian-Democrat pals - but then again, you do not expect that, really. So I took some time and read a whole bunch of news items, blog entries an the like on the new law to form my own opinion. My conclusion: most criticism is related to the fact that Mr Orbán's cabinet has an overwhelming majority in the Parliament and therefore in all related bodies, too.