A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority … conclave leads to efficiency gains relative to simple majority voting. We also compare welfare properties of a static versus a …

Despite the centrality of voting costs to the paradox of voting, little effort has been made to accurately measure …. Using this new measure of the opportunity cost of voting to predict turnout at the individual level, we find that small …

vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed …

economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma … electoral outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is …

the decision makers' posterior probabilities of a particular state of nature. Nevertheless, voting is generally an … voting mechanisms. The paper derives the conditions under which the optimal decision rule is equivalent to some well …-known voting procedure (weighted supermajority, weighted majority, and simple majority) and shows that these are very stringent …