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The paper proposes a way to measure mechanical and psychological effects of majority runoff versus plurality electoral systems in candidate elections. Building on a series of laboratory experiments, we evaluate these effects with respect to the probability of electing a Condorcet winner...
Persistent link: https://www.econbiz.de/10010714013
The paper proposes a way to measure mechanical and psychological effects of majority runoff versus plurality electoral systems in candidate elections. Building on a series of laboratory experiments, we evaluate these effects with respect to the probability of electing a Condorcet winner...
Persistent link: https://www.econbiz.de/10010852305
Persistent link: https://www.econbiz.de/10008444974
Persistent link: https://www.econbiz.de/10008673852
In this paper, we clarify the relationship between influence/power measurement and utility measurement, the most popular two social objective criteria used when evaluating voting mechanisms. For one particular probabilistic model describing the preferences of the electorate, the so-called...
Persistent link: https://www.econbiz.de/10010812654
L’objet de cet article est d’examiner, à la lumière de deux solutions majeures de la théorie des jeux coopératifs, les coalitions/négociations électorales qui ont lieu dans le cas où le mode de scrutin est un scrutin proportionnel avec listes bloquées, prime au gagnant et comportant...
Persistent link: https://www.econbiz.de/10011004744
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The advent of "smart meters" will make possible Real Time Pricing of electricity: customers will face and react to wholesale spot prices, thus consumption of electric power will be aligned with its opportunity cost. This article determines the marginal value of a fraction of demand (or a...
Persistent link: https://www.econbiz.de/10011103537
A major policy issue in standard setting is that patents that are ex-ante not that important may, by being included into a standard, become standard-essential patents (SEPs). In an attempt to curb the monopoly power that they create, most standard-setting organizations require the owners of...
Persistent link: https://www.econbiz.de/10011103538