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When the members of a voting body exhibit single peaked preferences, majority winners exist. Moreover, the median(s) of the preferred alternatives of voters is (are) indeed the majority (Condorcet) winner(s). This important result of Duncan Black (1958) has been crucial in the development of...
Persistent link: https://www.econbiz.de/10005081427
Mitgliedzwang in Kollektiven wird mit dem Argument verteidigt, dass nur so der gewöhnlich unerfahrene Kunde einer beruflichen Leistung vor schadhafter Arbeit mit eventuell katastrophalen Folgen geschützt sei: die Zwangsmitgliedschaft als typischer Fall zur Aufhebung oder Abmilderung...
Persistent link: https://www.econbiz.de/10010300716
Consider a committee that in the past has made a promise not to confiscate the profits from a foreign investor. After the investment has taken place, there is a material benefit if the committee decides to default on the earlier promise. But there are also some small moral costs for those who...
Persistent link: https://www.econbiz.de/10010306978
We present a legislative bargaining model of the provision of a durable public good over an infinite horizion. In each period, there is a societal endowment which can either be invested in the public good or consumed. We characterize the optimal public policy, defined by the time path of...
Persistent link: https://www.econbiz.de/10010307744
We exploit a recent change in voting procedures in one of the two chambers of the Swiss parliament to explore how transparency affects the votes of Members of Parliament (MPs). Until 2013, the Council of States (St nderat) decided by hand rising. While publicly observable at the time of the...
Persistent link: https://www.econbiz.de/10011301629
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10011310728
Consider a voting procedure where countries, states, or districts comprising a union each elect representatives who then participate in later votes at the union level on their behalf. The countries, provinces, and states may vary in their populations and composition. If we wish to maximize the...
Persistent link: https://www.econbiz.de/10011324952
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011414226
V článku navrhujeme tři metody přepočtu hlasů na mandáty pro volby do Poslanecké sněmovny Parlamentu ČR (PS PČR) založené na metodách matematického programování. Důvod pro jejich zavedení spatřujeme v tom, že běžně používané metody přepočtu hlasů na mandáty často...
Persistent link: https://www.econbiz.de/10010322334
A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt, 2013), we derive a bidding mechanism determining...
Persistent link: https://www.econbiz.de/10010323894