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economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost …
Persistent link: https://www.econbiz.de/10010283979
intermediate levels of patience, this comparison may be reversed. Holding the fraction of votes required to stop fixed, expected …
Persistent link: https://www.econbiz.de/10010268133
This paper studies the vulnerability of the pivotal mechanism with respect to manipulation by groups. In a lab experiment, groups decide on the implementation of various alternatives, some of which imply opposite interests for the two subgroups. We investigate the occurrence of tacit and...
Persistent link: https://www.econbiz.de/10010294803
We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …
Persistent link: https://www.econbiz.de/10010271868
This paper analyzes voting on a linear income tax which is redistributed lump sum to the taxpayers. Individuals can …
Persistent link: https://www.econbiz.de/10010260655
Consider a voting procedure where countries, states, or districts comprising a union each elect representatives who … characterization of the efficient voting rule in terms of the weights assigned to different districts and the voting threshold (how … correlation structure of agents preferences, we analyze how voting weights relate to the population size of a country. We then …
Persistent link: https://www.econbiz.de/10011324952
We analyze the voting behavior of a board of directors that has to approve (or reject) an investment proposal with … obstacle to profit maximization provided that an appropriate sequential voting protocol is followed. We also show that a proper …
Persistent link: https://www.econbiz.de/10010274882
members can improve the voting outcome by simplifying the strategies of unbiased members. Thus, heterogeneous committees …
Persistent link: https://www.econbiz.de/10010280845
We study voting over education subsidies where poor individuals may be excluded and the rich may chose private …
Persistent link: https://www.econbiz.de/10010281272
We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …
Persistent link: https://www.econbiz.de/10010295700