Narrow search
Showing 1 - 8 of 8
Cover Image
Democracy undone : systematic minority advantage in competitive vote markets
Casella, Alessandra; Turban, Sébastien - 2012
Persistent link: https://www.econbiz.de/10009679808
Cover Image
Democracy undone : systematic minority advantage in competitive vote markets
Casella, Alessandra; Turban, Sébastien - 2012
Persistent link: https://www.econbiz.de/10009680686
Cover Image
Competitive equilibrium in Markets for Votes
Casella, Alessandra; Llorente-Saguer, Aniol; Palfrey, … - C.E.P.R. Discussion Papers - 2010
We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy and sell their votes with each other. We define the concept of Ex Ante Vote-Trading Equilibrium, identify weak sufficient conditions for existence, and construct one such...
Persistent link: https://www.econbiz.de/10008534095
Cover Image
Democracy undone. Systematic minority advantage in competitive vote markets
Casella, Alessandra; Turban, Sébastien - In: Games and Economic Behavior 88 (2014) C, pp. 47-70
We study the competitive equilibrium of a market for votes where the choice is binary and it is known that a majority of the voters supports one of the two alternatives. Voters can trade votes for a numeraire before making a decision via majority rule. We identify a sufficient condition...
Persistent link: https://www.econbiz.de/10011117141
Cover Image
Vote Trading With and Without Party Leaders
Casella, Alessandra; Palfrey, Thomas R; Turban, Sébastien - C.E.P.R. Discussion Papers - 2012
Two groups of voters of known sizes disagree over a single binary decision to be taken by simple majority. Individuals have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for money. We study the implication of such trading for...
Persistent link: https://www.econbiz.de/10011084134
Cover Image
A modified Taylor rule for dealing with demand shocks and uncertain potential macroeconomic output
Alvarez-Ramirez, Jose; Ibarra-Valdez, Carlos; … - In: Physica A: Statistical Mechanics and its Applications 387 (2008) 5, pp. 1283-1300
establish the stability properties of the resulting control system. …
Persistent link: https://www.econbiz.de/10010874309
Cover Image
Some issues on the stability of trading based on technical analysis
Alvarez-Ramirez, Jose; Fernandez-Anaya, Guillermo; … - In: Physica A: Statistical Mechanics and its Applications 337 (2004) 3, pp. 609-624
Some stability effects of technical trading on financial/commodity markets are analyzed in this paper. Technical … equation, whose (local) stability is determined by means of root-locus techniques. It is proven that the larger the time …-delay horizon, the larger the stability margin. This means that short-run technical trading is more likely to induce market …
Persistent link: https://www.econbiz.de/10010590356
Cover Image
Limb dominance changes in walking evolution explored by asymmetric correlations in gait dynamics
Echeverria, Juan C.; Rodriguez, Eduardo; Velasco, Alejandra - In: Physica A: Statistical Mechanics and its Applications 389 (2010) 8, pp. 1625-1634
strength of long-range correlations reflect both enhanced stability and adaptability. …
Persistent link: https://www.econbiz.de/10011062815