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Appellate courts sometimes issue inconsistent decisions. Individual judges are sometimes inconsistent too. We argue that making judges more consistent could exacerbate the problem of inconsistent courts. We do so through a variant of Arrow's model of preference aggregation in which preferences...
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I introduce a model of shareholder voting. I describe and provide characterizations of three families of shareholder voting rules: ratio rules, difference rules, and share majority rules. The characterizations rely on two key axioms: merger consistency, which requires consistency in voting...
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We introduce a path-based measure of convexity to be used in assessing the compactness of legislative districts. Our measure is the probability that a district contains the shortest path between a randomly selected pair of its points. The measure is defined relative to exogenous political...
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We conduct an analysis of the “efficiency gap” using tools from economic theory and find serious flaws in the measure. In particular, we show that the efficiency gap contains an peculiar form of cost benefit analysis which is hard to defend, that the recommendations for the use of the...
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