Showing 1 - 10 of 51
While a large social-choice-theoretic literature discusses the aggregation of individual judgments into collective ones, there is relatively little formal work on the transformation of individual judgments in group deliberation. I develop a model of judgment transformation and prove a baseline...
Persistent link: https://www.econbiz.de/10012771330
Party activists wish to (i) advocate the best policy and yet (ii) unify behind a common party line. An activist's understanding of his environment is based on the speeches of party leaders. A leader's influence, measured by the weight placed on her speech, increases with her judgement on policy...
Persistent link: https://www.econbiz.de/10012771332
We study the effects of individual and collective ministerial performance on the length of time a minister serves in British government from 1945-97, using the number of resignation calls for a minister as an individual performance indicator and the cumulative number of such calls as an...
Persistent link: https://www.econbiz.de/10012771333
This paper uses panel data from the 16 main states in India during the period 1967- 1999 to study the effects of having higher female representation in the State Legislatures on public goods, policy and expenditure. I find that women legislators make different decisions than men legislators....
Persistent link: https://www.econbiz.de/10012771342
In response to recent work on the aggregation of individual judgments on logically connected propositions into collective judgments, it is often asked whether judgment aggregation is a special case of Arrowian preference aggregation. We argue the op- posite. After proving a general impossibility...
Persistent link: https://www.econbiz.de/10012766351
We analyze the contracting structure in a moral hazard setting with several agents whereoutput is produced jointly and is the only contractible variable. Since the salary of each agentis a function of all agents efforts, a positive externality arises between them. This externalityis not...
Persistent link: https://www.econbiz.de/10012772619
We model the coordination of specialised tasks inside an organisation as quot;attribute matchingquot;. Using this method, we compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In our framework, organisational forms affect...
Persistent link: https://www.econbiz.de/10012750155
Bewley's condition on production sets, imposed to ensure the existence of an equilibrium price density when L? is the commodity space, is weakened to allow applications to continuous-time problems, and especially to peak-load pricing when the users' utility and production function are Mackey...
Persistent link: https://www.econbiz.de/10012766339
This paper studies the design of law-making and law enforcement institutions based on the premise that law is inherently incomplete. Under incomplete law, law enforcement by courts may suffer from deterrence failure, defined as the social-welfare loss that results from the regime's inability to...
Persistent link: https://www.econbiz.de/10012771114
Persistent link: https://www.econbiz.de/10012771115