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Prior research on "strategic voting" has reached the conclusion that unanimity rule is uniquely bad: it results in destruction of information, and hence makes voters worse off. We show that this conclusion depends critically on the assumption that the issue being voted on is exogenous, i.e.,...
Persistent link: https://www.econbiz.de/10003787573
I discuss instances where a committee wants to deviate from the simple majority rule by adopting an alternative voting scheme for two consecutive binary ballots. The alternative voting rule, called Minority Voting as an Exception (MVE), works as follows: In the first ballot a b-majority rule is...
Persistent link: https://www.econbiz.de/10008746239
In many organizations, decisions are taken by unanimity giving each member veto power. We analyze a model of an organization in which members with heterogenous productivity privately contribute to a common good. Under unanimity, the least efficient member imposes her preferred effort choice on...
Persistent link: https://www.econbiz.de/10003874201
The Anglo-American double-member districts employing plurality-at-large are frequently criticized for giving a large majority premium to a winning party, since the large premium may decrease proportionality of the elected assembly relative to single-member districts. We demonstrate that the...
Persistent link: https://www.econbiz.de/10009754715
a minority of voters are biased, but harmful when a majority is biased. In theory, information on the success of policy …
Persistent link: https://www.econbiz.de/10010195409
In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated exploitation. We consider a committee that meets twice to decide about projects where the first-period project may have a long-lasting impact. In the first period a simple open...
Persistent link: https://www.econbiz.de/10003761367
We estimate a model of strategic voting and quantify the impact it has on election outcomes. Because the model exhibits multiplicity of outcomes, we adopt a set estimator. Using Japanese general-election data, we find a large fraction [63.4%, 84.9%] of strategic voters, only a small fraction...
Persistent link: https://www.econbiz.de/10013133280
Despite the centrality of voting costs to the paradox of voting, little effort has been made to accurately measure these costs outside of a few spatially limited case studies. In this paper, we apply Geographic Information Systems (GIS) tools to validated national election survey data from New...
Persistent link: https://www.econbiz.de/10013122114
We study alternative institutional arrangements for the determination of monetary policy in a general equilibrium model with heterogeneous agents, where monetary policy has redistributive effects. Inflation is determined by a policy board using either simple-majority voting, supermajority...
Persistent link: https://www.econbiz.de/10012724630
Correct aggregation of individual preferences into collective one is central problem of nowadays Social Choice theory … properties tend to be main criteria of voting procedure selection. But last decades it turned out that another threat for theory …
Persistent link: https://www.econbiz.de/10012860943