Showing 1 - 9 of 9
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
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
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
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
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
interrelationship between entrepreneurship and the quality of business regulations. The empirical findings indicate that there is a … positive relationship between entrepreneurship, and the quality of business regulations. …
Persistent link: https://www.econbiz.de/10008626063
During the last decades, enhancing entrepreneurship has emerged as commonly used policy- measure in order to improve … economic growth. However, is it true that entrepreneurship unambiguously can be claimed to improve economic growth? This paper … intends to review the empirical evidence on the relationship between entrepreneurship on three measures of economic growth …
Persistent link: https://www.econbiz.de/10005644938
This paper investigates the role of knowledge for successful entrepreneurship. The paper explicitly discusses the role …
Persistent link: https://www.econbiz.de/10005644953
Entrepreneurship is often claimed to be important for generating employment. However, the empirical evidence on the … relationship between entrepreneurship is not always convincing. Most of the studies that analyse the relationship between new firm …
Persistent link: https://www.econbiz.de/10009024448