Showing 1 - 10 of 4,621
I analyze how boards of directors with heterogeneous preferences can affect the information shared with the CEO with the help of a cheap-talk model that allows for large groups of receivers. This paper provides new insights on how heterogeneity of boards can change the way of communication...
Persistent link: https://www.econbiz.de/10010785426
A search of the accounting, trade and ethics literature failed to find a single article that discussed the role that accountants play in assisting in the data gathering process of a trade investigation. Yet there are serious ethical issues that need to be addressed. Certain aspects of trade...
Persistent link: https://www.econbiz.de/10005556504
plausible explanation seems to be that agents receive a warm glow from the act of voting itself.ÊÊ However, this begs the …-spiritedness is disadvantageous. The details depend on the costs of voting, the extent to which different types of citizens agree or …
Persistent link: https://www.econbiz.de/10005752736
made it very difficult to document strategic behavior empirically. Exploiting the incentive structure of Germany's voting … system to solve the fundamental identification problem, this paper estimates the extent of strategic voting in large, real … contention for victory. As predicted by theory, tactical behavior has a non-trivial impact on individual races. Yet, as one …
Persistent link: https://www.econbiz.de/10011109723
candidates and when voters may express indifference, every voting rule satisfying Condorcet's principle must generate both of …
Persistent link: https://www.econbiz.de/10011109893
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10011256509
, this paper documents patterns of strategic voting in a large, real world election. During the 2005 elections to the …
Persistent link: https://www.econbiz.de/10011260101
This paper surveys the literature on strategy-proofness from a historical perspective. While I discuss the connections with other works on incentives in mechanism design, the main emphasis is on social choice models. This article has been prepared for the Handbook of Social Choice and Welfare,...
Persistent link: https://www.econbiz.de/10010773120
characterize the families of strategy-proof voting procedures when not all possible subsets of objects are feasible, and voters …
Persistent link: https://www.econbiz.de/10010773124
This paper proposes a brief review of the use of power indices in the corporate governance literature. Without losing sight of the field of application, it places the emphasis on the game-theoretic aspects of this research and on the issues that arise in this framework. It should be noted that...
Persistent link: https://www.econbiz.de/10010883238