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comprising exactly k alternatives (including itself). This study uses a spatial voting setting to characterize this theoretical …
Persistent link: https://www.econbiz.de/10015271715
Economic models of democratic decision-making tend to assume that voters have preferences and politicians adjust their platforms to conform to voter preferences. However, the direction of causation (mostly) goes the other way. Political elites offer policy platforms and voters adopt the policy...
Persistent link: https://www.econbiz.de/10012800422
I introduce a model of shareholder voting. I describe and provide characterizations of three families of shareholder … voting rules: ratio rules, difference rules, and share majority rules. The characterizations rely on two key axioms: merger … consistency, which requires consistency in voting outcomes following stock-for-stock mergers, and reallocation invariance, which …
Persistent link: https://www.econbiz.de/10012415597
The Qualified Majority Voting (QMV) used by the Council of the European Union developed to a high degree of complexity … this EU intra-institutional voting method using a rational choice approach and emphasizes that there are situations when … subjects such as voting power distribution. It also addresses several shortcomings of the Liberal Intergovernmentalist …
Persistent link: https://www.econbiz.de/10014310935
Electoral thresholds in the context of parliamentary elections are an instrument for preventing the fragmentation of … equality of electoral votes in an election. In order to decide to what extent these negative effects can be accepted, it is … these difficulties. For this issue, we introduce a concept based on cooperative game theory which takes into account the …
Persistent link: https://www.econbiz.de/10014422490
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will … aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with …
Persistent link: https://www.econbiz.de/10012806603
students, especially their voting in national and local elections. The study examines the impact of gender, age, family income … Jordanian university students in national and local elections. The more the gender varies, the more the voting shifts in favor … different voting in the national and local elections. …
Persistent link: https://www.econbiz.de/10014245786
Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as …
Persistent link: https://www.econbiz.de/10012698221
Despite the wide variety of agendas used in legislative settings, the literature on sophisticated voting has focused on … characterize the social choice rules implemented by sophisticated voting on agendas with these two features. I also characterize … related to the prevailing rules for order-of-voting used by legislatures. These results establish a clear connection between …
Persistent link: https://www.econbiz.de/10012415641
We study a model of voting with two alternatives in a symmetric environment. We characterize the interim allocation … probabilities that can be implemented by a symmetric voting rule. We show that every such interim allocation probability can be … implemented as a convex combination of two families of deterministic voting rules: qualified majority and qualified anti …
Persistent link: https://www.econbiz.de/10014576686