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during an election day. Using a pivotal costly voting model of elections in which voters have privately observed preferences …
Persistent link: https://www.econbiz.de/10012221414
We consider the problem of sequential search when the decision to stop searching is made by a committee. We show that a symmetric stationary equilibrium exists and is unique given that the distribution of rewards is log concave. Committee members set a lower acceptance threshold than do...
Persistent link: https://www.econbiz.de/10005396430
social and political participation to interpersonal trust, in its benign and destructive manifestations. The impact of media …
Persistent link: https://www.econbiz.de/10013254717
social and political participation to interpersonal trust, in its benign and destructive manifestations. The impact of media …
Persistent link: https://www.econbiz.de/10012670370
In this paper, we present a model of deliberation based on Rawls’s political liberalism. Our formalization gives a new perspective on his political theory. Moreover, we obtain quantitative results on political deliberation under Rawlsian rules. Finally, we elaborate two arguments in favor of...
Persistent link: https://www.econbiz.de/10014194661
candidates and when voters may express indifference, every voting rule satisfying Condorcet's principle must generate both of …
Persistent link: https://www.econbiz.de/10011109893
I analyze a costly voting model of elections, in which the incumbent can stuff the ballot box, to investigate how … electoral fraud affects the participation decisions of voters. I find that two stable equilibria may exist: first, a full … positive externality they produce on other voters when deciding to cast their votes, participation in coordination equilibrium …
Persistent link: https://www.econbiz.de/10010842888
This paper investigates the social preferences over labor market exibility, in a general equilibrium model of dynamic labor demand. We demonstrate that how the economy responds to productivity shocks depends on the power of labor to extract rents and on the status quo level of the firing cost....
Persistent link: https://www.econbiz.de/10011148611
Random mechanisms have been used in real-life situations for reasons such as fairness. Voting and matching are two …, strategy-proofness, and unanimity, with and without anonymity, are decomposable on non-dictatorial single-peaked voting domains. …
Persistent link: https://www.econbiz.de/10011158608
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/10009367935