Showing 1 - 10 of 1,641
In a model of simultaneous voting, Feddersen and Pesendorfer (1998) consider the possibility that jurors vote … that those unintuitive predictions also hold with sequential voting. In this paper, we report paired experiments with … sequential and simultaneous voting under unanimity and majority rule. Observed behavior varies significantly depending on whether …
Persistent link: https://www.econbiz.de/10013172468
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
Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as … they decide between multiple candidates by a given social choice method. We consider committees that apply scoring methods … plurality committees, Borda commitees, etc. differ widely. There are 6, 51, and 5 plurality, Borda, and antiplurality committees …
Persistent link: https://www.econbiz.de/10012698221
comprising exactly k alternatives (including itself). This study uses a spatial voting setting to characterize this theoretical …
Persistent link: https://www.econbiz.de/10015271715
Radial symmetry, by our definition, is a precise condition on continuous ideal-point distributions, rarely if ever found exactly in practice, that is similar to the classical 1967 symmetry condition of Plott but pertains to an infinite electorate; the bivariate normal distribution provides an...
Persistent link: https://www.econbiz.de/10013337663
This paper studies how the cost of delay and voting order affect agents' decisions in a unanimity voting mechanism …
Persistent link: https://www.econbiz.de/10014418159
The paper considers a voting model where each voter's type is her preference. The type graph for a voter is a graph … multidimensional voting satisfy LGE. Finally, we show that LGE for deterministic social choice functions does not imply LGE for random …
Persistent link: https://www.econbiz.de/10012806446
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 parliaments and facilitate the formation of a coalition government. However, the clauses also introduce distortions and modify the equality of electoral votes in an election. In...
Persistent link: https://www.econbiz.de/10014422490