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In standard political economy models, voters are self-interested i.e. care only about own utility. However, the emerging evidence indicates that voters often have other-regarding preferences (ORP), i.e., in deciding among alternative policies voters care about their payoffs relative to others....
Persistent link: https://www.econbiz.de/10012723854
-globalist parties as well as for Brexit. A policy implication of our study is that governments may use up-front redistribution to gain …
Persistent link: https://www.econbiz.de/10012258291
influences the succeeding education policy. More surprisingly, the prospect of voting on education policy also affects the … the two-dimensional heterogeneity of the citizens shapes the voting equilibrium in our setting with sequential voting. …
Persistent link: https://www.econbiz.de/10010264590
There are many situations in which different groups make collective decisions by committee voting, with each group … represented by a single person. A natural question is what voting system such a committee should use. Concepts based on voting … the choice of voting systems based on such theoretical concepts, in this paper, I ask which systems individuals actually …
Persistent link: https://www.econbiz.de/10012953580
come under intense debate given the growing concentration of voting power among a few asset managers and disagreements over … votes themselves ("voting choice"). This paper studies the implications of voting choice for investor welfare. If the reason … for offering voting choice is that investors have different preferences, then investors may retain their voting rights …
Persistent link: https://www.econbiz.de/10014355573
There are many situations in which different groups make collective decisions by committee voting, with each group … represented by a single person. A natural question is what voting system such a committee should use. Concepts based on voting … the choice of voting systems based on such theoretical concepts, in this paper, I ask which systems individuals actually …
Persistent link: https://www.econbiz.de/10010337025
There are many situations in which different groups make collective decisions by committee voting, where each group is … represented by a single person. Theoretical concepts suggest how the voting systems in such committees should be designed, but … these abstract rules can usually not be implemented perfectly. To find voting systems that approximate these rules the so …
Persistent link: https://www.econbiz.de/10010240053
In this paper we analyze the consequences of the fairness recommendation of the Venice Commission in allocating voting …
Persistent link: https://www.econbiz.de/10010197548
ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process …. We conduct an experimental voting game in which decision makers vote about the allocation of money between themselves and … recipients without voting rights. We measure responsibility attributions for voting decisions by eliciting the monetary …
Persistent link: https://www.econbiz.de/10010243444
Preventive policy measures such as bailouts often pass parliament very narrowly. We present a model of asymmetric information between politicians and voters which rationalizes this narrow parliamentary outcome. A successful preventive policy impedes the verification of its own necessity. When...
Persistent link: https://www.econbiz.de/10009580163