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tools from voting game theory. We find that only the ‘dual simple majority’ plan maintains decision-making efficiency and …This Paper contributes ideas and analysis to the ongoing EU reform debate. It consists of three distinct parts: voting …” dates. The IGC currently focuses on Council voting, Commission composition, closer co-operation and the range of issues to …
Persistent link: https://www.econbiz.de/10005504315
This Paper studies some of the many options facing EU leaders when choosing a viable voting system for the EU25+. It … provides quantitative estimates of the efficiency and power distributions of the various EU voting schemes that are being … considered. It also provides intuition on how various aspects of voting rules affect decision-making efficiency and the implied …
Persistent link: https://www.econbiz.de/10005788902
systematic violation of expected utility theory. We propose a model in which a well-known failure of expected utility – captured … connection between two well-known behavioural regularities, one in individual decision theory and another in the social …
Persistent link: https://www.econbiz.de/10005792294
The paper studies the political and economic determinants of inter-regional public transfers. It points to an important difference between two alternative federal fiscal constitutions. The paper shows that inter-regional transfers can be determined either by a federation-wide vote over a...
Persistent link: https://www.econbiz.de/10005504413
have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for … leaders and when they take place anonymously in a competitive market. The theory has strong predictions. In both cases …
Persistent link: https://www.econbiz.de/10011084134
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
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
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
We study a class of representation mechanisms, based on reports made by a random subset of agents, called representatives, in a collective choice problem with quasi-linear utilities. We do not assume the existence of a common prior probability describing the distribution of preference types. In...
Persistent link: https://www.econbiz.de/10005504542
In this paper, we evaluate the impact of Turkey's membership on EU voting. The aspects that we discuss are decision … alternative Council voting rules: those accepted in the Treaty of Nice and implemented by the Accession Treaty of ten 2004 …
Persistent link: https://www.econbiz.de/10005792179