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We present a theory of voting that predicts that elections are more likely to be close, and voter turnout is more likely to be high when citizens possess better public information about the composition of the electorate. These findings suggest that providing more information to potential voters...
Persistent link: https://www.econbiz.de/10008565486
We provide a unified analysis of the canonical rational voting model with privately known political preferences and costs of voting. Focusing on type-symmetric equilibrium, we show that for small electorates, members of the minority group vote with a strictly higher probability than do those in...
Persistent link: https://www.econbiz.de/10008865858
Persistent link: https://www.econbiz.de/10005409151
In a number of observed procurements, the buyer has employed an auction format that allows for a split-award outcome. We focus on settings where the range of uncertainty regarding scale economies is large and, depending on cost realizations, the efficient allocations include split-award outcomes...
Persistent link: https://www.econbiz.de/10008495011