quantity of resources. Afterwards, one of the proposals is chosen by majority decision. If no proposal obtains a majority, a …

informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of … in line with our theory …

in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and … sources of overestimated aggregate border effects of knowledge spillovers. While self-citations are only 11% of total …

The difficulty of optimal decision making in uncertain dichotomous choice settings is that it requires information on … the expertise of the decision makers (voters). This paper presents a method of optimally weighting voters even without …

. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …

We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and …

This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members … optimal. In other words, decision makers with different skill levels should not generally be evenly divided among the …