Ehrhart, Karl-Martin; Gardner, Roy; Hagen, Jürgen von; … - Centre Interuniversitaire de Recherche en Analyse des … - 1999
This paper studies budget processes, both theoretically and experimentally. We give a sufficient condition for top …-down and bottom-up budget processes to have the same voting equilibrium. Furthermore, at a voting equilibrium, it is not always … process. To test the implications for budget processes of voting equilibrium theory, we conduct a series of 128 voting …