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We introduce a democratic procedure with voting-based proposals called ”Pendular Voting”. It works as follows: An agenda-setter chooses a proposal meant to replace a given status quo. In the first stage, a random sample of the population votes on the proposal. The result is made public,...
Persistent link: https://www.econbiz.de/10013223041
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of profound uncertainty about the benefits of public goods, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private...
Persistent link: https://www.econbiz.de/10011444451
Persistent link: https://www.econbiz.de/10011279816
We model an election with two alternatives in a continuum electorate. Each citizen may either vote for their preferred alternative, or abstain. Their incentives are such that they find it optimal to turn out if and only if they expect their preferred alternative to win. Voters form beliefs about...
Persistent link: https://www.econbiz.de/10012837487
Persistent link: https://www.econbiz.de/10012591691
We introduce a democratic procedure with voting-based proposals called "Pendular Voting". It works as follows: An agenda-setter chooses a proposal meant to replace a given status quo. In the first stage, a random sample of the population votes on the proposal. The result is made public, which...
Persistent link: https://www.econbiz.de/10012544186