Showing 1 - 10 of 91
When is a finite number of binary voting choices consistent with the hypothesis that the voter has preferences that … voting decisions. Without knowledge of the location of the voting alternatives, voting decisions by multiple voters impose no … joint testable restrictions on the location of their ideal points, even in one dimension. Furthermore, the voting records of …
Persistent link: https://www.econbiz.de/10011599425
When is a finite number of binary voting choices consistent with the hypothesis that the voter has preferences that … voting decisions. Without knowledge of the location of the voting alternatives, voting decisions by multiple voters impose no … joint testable restrictions on the location of their ideal points, even in one dimension. Furthermore, the voting records of …
Persistent link: https://www.econbiz.de/10008545873
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with population uncertainty. We find that the modern...
Persistent link: https://www.econbiz.de/10013189048
This paper analyzes the optimal size of a deliberating committee where (i) there is no conflict of interest among individuals and (ii) information acquisition is costly. The committee members simultaneously decide whether to acquire information, and then make the ex-post efficient decision. The...
Persistent link: https://www.econbiz.de/10011599420
studies strategic voting when voters have pure common values but may be ambiguity averse -- exhibit Ellsberg-type behavior …
Persistent link: https://www.econbiz.de/10011599587
This paper analyzes the optimal size of a deliberating committee where (i) there is no conflict of interest among individuals and (ii) information acquisition is costly. The committee members simultaneously decide whether to acquire information, and then make the ex-post efficient decision. The...
Persistent link: https://www.econbiz.de/10005256847
We consider collective decision making when society consists of groups endowed with voting weights. Each group chooses …
Persistent link: https://www.econbiz.de/10014536980
Group identification refers to the problem of classifying individuals into groups (e.g., racial or ethnic classification). We consider a multinary group identification model where memberships to three or more groups are simultaneously determined based on individual opinions on who belong to what...
Persistent link: https://www.econbiz.de/10012010076
distribution with independent marginals then, under weak conditions, voting on the original issues is not optimal. If the marginals … are identical (but not necessarily independent), then voting first on the total sum and next on the differences is often … welfare superior to voting on the original issues. We also provide various lower bounds on incentive efficiency: in particular …
Persistent link: https://www.econbiz.de/10012215324
We present a dynamic theory of electoral competition to study the determinants of fiscal policy. In each period, two parties choose electoral platforms to maximize the expected number of elected representatives. The platforms include public expenditure, redistributive transfers, the tax rate and...
Persistent link: https://www.econbiz.de/10011599521