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We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...
Persistent link: https://www.econbiz.de/10011084259
We study the competitive equilibrium of a market for votes where the choice is binary and it is known that a majority of the voters supports one of the two alternatives. Voters can trade votes for a numeraire before making a decision via majority rule. We identify a sufficient condition...
Persistent link: https://www.econbiz.de/10011117141
ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process …. We conduct an experimental voting game in which decision makers vote about the allocation of money between themselves and … recipients without voting rights. We measure responsibility attributions for voting decisions by eliciting the monetary …
Persistent link: https://www.econbiz.de/10010243444
have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for …
Persistent link: https://www.econbiz.de/10011084134
We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy … and the market generates welfare losses, relative to simple majority voting, if the committee is large enough. We test the …
Persistent link: https://www.econbiz.de/10008534095
Representation is one of the most important criteria by which to judge electoral systems. In this paper, I focus on one aspect of representative democracy: the formation of electoral district boundaries. It is well known that majoritarian systems give rise to highly biased seat–vote curves,...
Persistent link: https://www.econbiz.de/10011056189
Much of the analysis of campaign contributions, in accordance with the Downsian model, has supposed that candidates seek contributions for electoral purposes. This paper takes the opposite approach, by assuming that each candidate aims to maximize the contributions he collects. We let a citizen...
Persistent link: https://www.econbiz.de/10005788909
I propose a framework in which individual political participation can take two distinct forms, voting and contributing … shows that, even though each contribution has a negligible impact, the interaction between contributions and voting leads to …
Persistent link: https://www.econbiz.de/10010574319
We investigate how the link between individual schooling and political participation is affected by country characteristics. Using individual survey data, we find that political participation is more responsive to schooling in land-abundant countries and less responsive in human...
Persistent link: https://www.econbiz.de/10010835687
behind this belief, using a simple model of voting in centralized and decentralized democracies. We find that the electoral …
Persistent link: https://www.econbiz.de/10010698753