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Multiple hierarchical models of representative democracies in which, for instance, voters elect county representatives, county representatives elect district representatives, district representatives elect state representatives and state representatives a president, reduces the number of...
Persistent link: https://www.econbiz.de/10010124220
We build a multiple hierarchical model of a representative democracy in which, for instance, voters elect county representatives, county representatives elect district representatives, district representatives elect state representatives, and state representatives elect a prime minister. We use...
Persistent link: https://www.econbiz.de/10011287879
Persistent link: https://www.econbiz.de/10012133704
In this paper we extend the results of Kreps and Scheinkman (1983) to mixedduopolies. We show that quantity precommitment and Bertrand competition yield Cournot outcomes not only in the case of private firms but also when a public firm is involved.
Persistent link: https://www.econbiz.de/10011019315
In a framework with two parties, deterministic voter preferences and a type of geographical constraints, we propose a set of simple axioms and show that they jointly characterize the districting rule that maximizes the number of districts one party can win, given the distribution of individual...
Persistent link: https://www.econbiz.de/10011019316
We determine conditions under which a pure-strategy equilibrium of a mixed Bertrand-Edgeworth oligopoly exists. In addition, we determine its pure-strategy equilibrium whenever it exists and compare the equilibrium outcome with that of the standard Bertrand-Edgeworth oligopoly with only private...
Persistent link: https://www.econbiz.de/10011253100
In a framework with two parties, deterministic voter preferences and a type of geographical constraints, we propose a set of simple axioms and show that they jointly characterize the districting rule that maximizes the number of districts one party can win, given the distribution of individual...
Persistent link: https://www.econbiz.de/10010757378
Persistent link: https://www.econbiz.de/10008908916
Persistent link: https://www.econbiz.de/10012111181
Persistent link: https://www.econbiz.de/10009931390