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optimal bailout policy in the presence of this "doom loop". Rescuing banks with high domestic sovereign exposure is optimal if … these banks are sufficiently central in the network, even though that requires larger bailout expenditures than rescuing low …
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Who will vote quadratically in large-N elections under quadratic voting (QV)? First, who will vote? Although the core QV literature assumes that everyone votes, turnout is endogenous. Drawing on other work, we consider the representativeness of endogenously determined turnout under QV. Second,...
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Prominent theory research on voting uses models in which expected pivotality drives voters' turnout decisions and hence …
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Prominent theory research on voting uses models in which expected pivotality drives voters' turnout decisions and hence …
Persistent link: https://www.econbiz.de/10012482093
Prominent theory research on voting uses models in which expected pivotality drives voters’ turnout decisions and hence …
Persistent link: https://www.econbiz.de/10013308494