Showing 1 - 10 of 2,562
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10015223436
We extend approval voting so as to elect multiple candidates, who may be either individuals or members of a political party, in rough proportion to their approval in the electorate. We analyze two divisor methods of apportionment, first proposed by Jefferson and Webster, that iteratively...
Persistent link: https://www.econbiz.de/10015255424
A cake is a metaphor for a heterogeneous, divisible good, such as land. A perfect division of cake is efficient (also called Pareto-optimal), envy-free, and equitable. We give an example of a cake in which it is impossible to divide it among three players such that these three properties are...
Persistent link: https://www.econbiz.de/10015229020
We adopt a welfarist approach to study sequencing problems in a private information setup. The ”generalized minimum welfare bound” (GMWB) is a universal representation of all the specific bounds that have been previously studied in the literature. Every agent is offered a protection in the...
Persistent link: https://www.econbiz.de/10015240385
We identify the complete class of transfer rules that guarantee strategyproofness of any non-increasing in completion time allocation rule for the sequencing problem. We then characterize the class of mechanisms satisfying efficiency of decision (or aggregate cost minimization), egalitarian...
Persistent link: https://www.econbiz.de/10015242010
This work intends to specify a formula for the optimal taxation in Probabilistic Voting Models with Single Mindedness Theory. The goal is to find an equivalent expression to the Ramsey’s rule for a political economy environment where Governments are assumed to be Leviathans rather than...
Persistent link: https://www.econbiz.de/10015219261
In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...
Persistent link: https://www.econbiz.de/10015221479
The paper aims to describe the evolution part of the economy and power to tax in Colombia. It also explains the failure of the government and the problems that have expanded public sector expenditures. Furthermore, we identify the aspects of political economy have influenced the evolution of the...
Persistent link: https://www.econbiz.de/10015230884
The Lorenz curve and Gini coefficient are applied here to measure and graph disproportionality in outcomes for multiseat elections held in 2017. The discussion compares Proportional Representation (PR) in Holland (PR Gini 3.6%) with District Representation (DR) in France (41.6%), UK (15.6%) and...
Persistent link: https://www.econbiz.de/10015256764
When v is a vector of votes for parties and s is a vector of their seats gained in the House of Commons or the House of Representatives - with a single zero for the lumped category of "Other", of the wasted vote for parties that got votes but no seats - and when V = 1'v is total turnout and S =...
Persistent link: https://www.econbiz.de/10015257179