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Protecting Minorities in Binary Elections : A Test of Storable Votes Using Field Data

Casella, Alessandra - 2008

Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...

Persistent link: https://www.econbiz.de/10012464542

Minorities and Storable Votes

Casella, Alessandra - 2005

The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desidered over a series of binary decisions. By cumulating votes on issues that it deems most...

Persistent link: https://www.econbiz.de/10012467002

Democracy for Polarized Committees : The Tale of Blotto's Lieutenants

Casella, Alessandra - 2016

In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...

Persistent link: https://www.econbiz.de/10012456444

Storable Votes and Judicial Nominations in the U.S. Senate

Casella, Alessandra - 2014

We model a procedural reform aimed at restoring a proper role for the minority in the confirmation process of judicial nominations in the U.S. Senate. We analyze a proposal that would call for nominations to the same level court to be collected in periodic lists and voted upon individually with...

Persistent link: https://www.econbiz.de/10012458207

Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets

Casella, Alessandra - 2012

We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...

Persistent link: https://www.econbiz.de/10012460087

Horatio Alger Meets the Mobility Tables

Holtz-Eakin, Douglas - 2000

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …

Persistent link: https://www.econbiz.de/10012471152

Financial Capital, Human Capital, and the Transition to Self-Employment : Evidence from Intergenerational Links

Dunn, Thomas - 1996

The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of financial and human capital...

Persistent link: https://www.econbiz.de/10012473223

Entrepreneurial Decisions and Liquidity Constraints

Holtz-Eakin, Douglas - 1993

This paper analyzes the role of liquidity constraints in the formation of new entrepreneurial enterprises. The basic empirical strategy is to determine whether an individual's wealth affects the probability of becoming an entrepreneur, and the conditional amounts of depreciable assets, ceteris...

Persistent link: https://www.econbiz.de/10012474416

Sticking it Out : Entrepreneurial Survival and Liquidity Constraints

Holtz-Eakin, Douglas - 1993

Persistent link: https://www.econbiz.de/10012474451