Authorization Decisions ∗

نویسندگان

  • Itzhak Gilboa
  • David Schmeidler
چکیده

An authorization decision is a binary decision taken by an institution, determining whether certain economic transactions are allowed to take place. They may involve granting a status to an individual, approving a new product, and so forth. Institutions seek to be consistent with their past decisions, as well as with their regulations. Consistency with past decisions is axiomatized: it is shown that certain coherence notions between the decisions made across different histories imply that the institution would seek to be consistent with its own decisions within a given history. In this context, regulations are modeled as constraints on the institution’s decisions, and the complexity of finding regulations that enforce specific decisions is studied. We also suggest a hierarchical version of the model, wherein computational complexity considerations might explain the power of bureaucracies.

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تاریخ انتشار 2011