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We present a costly voting model in which each voter has a private valuation for their preferred outcome of a vote …. When there is a zero cost to voting, all voters vote and hence all values are counted equally regardless of how high they … may be. By having a cost to voting, only those with high enough values would choose to incur this cost. Hence, the outcome …
Persistent link: https://www.econbiz.de/10015220839
of two mechanisms for deciding between them: majority voting and shouting. In majority voting, the choice with the most … find that it is optimal to use voting in the case where n is large and value for each particular alternative of the voters …
Persistent link: https://www.econbiz.de/10015221247
Zeno's paradoxes of motion, which claim that moving from one point to another cannot be accomplished in finite time, seem to be of serious concern when moving towards an agreement is concerned. Parkinson's Law of Triviality implies that such an agreement cannot be reached in finite time. By...
Persistent link: https://www.econbiz.de/10015222043
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10015227875
In the paper, we are encouraged to investigate the effect of game structure imposed on the minimum-time needed to economic maturity in a dynamic macroeconomic model. Indeed, we have established a basic framework for the comparative study of the cooperative stochastic differential game and...
Persistent link: https://www.econbiz.de/10015235693
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … experimental findings from public goods and other coordination games, where communication always enhances efficiency and often …
Persistent link: https://www.econbiz.de/10015240015
We present a costly voting model in which each voter has a private valuation for their preferred outcome of a vote …. When there is a zero cost to voting, all voters vote and hence all values are counted equally regardless of how high they … may be. By having a cost to voting, only those with high enough values would choose to incur this cost. Hence, the outcome …
Persistent link: https://www.econbiz.de/10015244349
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10015244979
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10015245700
This paper aims at presenting a new voting function which is obtained in Balinski-Laraki's framework and benefits mean …, neutrality, anonymity, monotonicity, and Arrow's independence of irrelevant alternatives. It also generalizes approval voting …
Persistent link: https://www.econbiz.de/10015246756