Search Results - subject:"super majority"

Ideology and existence of 50% majority equilibria in Multidimensional spatial voting Models

Crès, Hervé; Unver, Utku - Sciences économiques, Sciences Po - 2010

-case’ scenario is a social choice configuration where no political equilibrium exists unless a super-majority rate as high as 1 — 1 …

Persistent link: https://www.econbiz.de/10011003314

Ideology and existence of 50% majority equilibria in Multidimensional spatial voting Models

Unver, Utku; Crès, Hervé - Department of Economics, Sciences économiques - 2010

-case’ scenario is a social choice configuration where no political equilibrium exists unless a super-majority rate as high as 1 — 1 …

Persistent link: https://www.econbiz.de/10010756443

Production in Incomplete Markets: Expectations Matter for Political Stability

Crès, Hervé; Tvede, Mich - Økonomisk Institut, Københavns Universitet - 2009

markets. Since voting takes place in a multi-dimensional setting, super-majority rules are needed to ensure existence of … incomplete financial markets. Since voting takes place in a multi-dimensional setting, super-majority rules are needed to ensure … length two even for very high majority rules. Keywords: Incomplete markets, super majority voting, political (in …

Persistent link: https://www.econbiz.de/10005225438

Ideology and Existence of 50%-Majority Equilibria in Multidimensional Spatial Voting Models

Unver, M. Utku Ünver; Crès, Hervé - Department of Economics, Boston College - 2008

-case’ scenario is a social choice configuration where no political equilibrium exists unless a super majority rate as high as 1 − 1/n … infinity. Moreover the equilibrium is the mean voter. The speed of convergence (toward 50%) of the super majority rate …

Persistent link: https://www.econbiz.de/10008517653

Ideology and existence of 50% majority equilibria in Multidimensional spatial voting Models .

Crès, Hervé; Unver, Utku - Sciences Po - 2010

-case’ scenario is a social choice configuration where no political equilibrium exists unless a super-majority rate as high as 1 — 1 …

Persistent link: https://www.econbiz.de/10009493498

Ideology and Existence of 50%-Majority Equilibria in Multidimensional Spatial Voting Models

Crès, Hervé; Ünver, M. Utku - In: Journal of Theoretical Politics 22 (2010) 4, pp. 431-444

€˜worst-caseâ€™ scenario is a social choice configuration where no political equilibrium exists unless a super-majority rate as high as 1 â€” 1 …

Persistent link: https://www.econbiz.de/10009004559

Ideology and existence of 50%-majority equilibria in multidimensional spatial voting models

Crès, Hervé; Ünver, Utku - HEC Paris (École des Hautes Études Commerciales) - 2006

-case" scenario is a social choice configuration where no political equilibrium exists unless a super majority rate as high as 1-1/n … infinity.Moreover the equilibrium is the mean voter. The speed of convergence (toward 50%)of the super majority rate …

Persistent link: https://www.econbiz.de/10005011614

Voting in assemblies of shareholders and incomplete markets

Tvede, Mich; Crés, Hervé - In: Economic Theory 26 (2005) 4, pp. 887-906

An economy with two dates is considered, one state at the first date and a finite number of states at the last date. Shareholders determine production plans by voting - one share, one vote - and at <InlineEquation ID="Equ1"> <EquationSource Format="TEX">$\rho$</EquationSource> </InlineEquation>-majority stable stock market equilibria, alternative production plans are supported by at...</equationsource></inlineequation>

Persistent link: https://www.econbiz.de/10005753260

The Dreze and Grossman-Hart criteria for production in incomplete markets: Voting foundations and compared political stability

CRES, Hervé; TVEDE, Mich - HEC Paris (École des Hautes Études Commerciales) - 2004

)) relies on majority voting by shareholders. Since voting occurs in a multidimensional setup, super majority rules are needed … smallest rate of super majority ensuring existence. Thereby we are able to compare the relative performances of the Drèze and …

Persistent link: https://www.econbiz.de/10005011606

Do Shareholders vote Strategically? Evidence on the Advisory Role of Annual General Meetings

Maug, Ernst; Rydqvist, Kristian - C.E.P.R. Discussion Papers - 2004

to naive voting strategies, especially for voting on governance proposals. The data also suggest that super majority …

Persistent link: https://www.econbiz.de/10005791941