Showing 1 - 10 of 52
public good spillovers or economies of scale, so that absent elections, voters are indifferent about the fiscal regime. The …
Persistent link: https://www.econbiz.de/10005043539
This paper studies the impact of considering the incentives of candidates to strategically affect the outcome of a voting procedure. First we show that every non-dictatorial voting procedure that satisfies unanimity, is open to strategic entry or exit by candidates: there necessarily exists some...
Persistent link: https://www.econbiz.de/10005669337
Persistent link: https://www.econbiz.de/10005779557
We model the decision problems faced by the members of societies whose new members are determined by vote. We adopt a number of simplifying assumptions. In spite of these simplifications, we show that interesting strategic behavior is implied by the dynamic structure of the problem: the vote for...
Persistent link: https://www.econbiz.de/10005669286
Since Collier and Hoeffler (1998, 2004), it has been supported that inequality, measured at national level, does not affect the risk of conflict. Based on a renewed theoretical framework, the purpose of the paper is to explore the role of inequality in localized conflicts. We argue that previous...
Persistent link: https://www.econbiz.de/10005043385
We investigate whether the plurality rule aggregates information efficiently in large elections with multiple … imprecise private signals about the state of nature prior to the election. Similar to two-alternative elections (e.g., Myer- son …, we identify new types of coordination failures in elections with more than two alternatives that lead to new types of …
Persistent link: https://www.econbiz.de/10010662665
A new concept of equilibrium in secure strategies (EinSS) in non-cooperative games is presented. The EinSS coincides with the Nash-Cournot Equilibrium when Nash-Cournot Equilibrium exists and postulates the incentive of players to maximize their profit under the condition of security against...
Persistent link: https://www.econbiz.de/10010662671
It is well known that a pure-strategy Nash equilibrium does not exist for a two-player rent-seeking contest when the contest success function parameter is greater than two. We analyze the contest using the concept of equilibrium in secure strategies, which is a generalization of the Nash...
Persistent link: https://www.econbiz.de/10010752806
We assume a population of infinitely-lived households of the economy split into two groups : one with a high discount factor (the patient) and one with a low one (the impatient). The environmental quality is deteriorated by firm's polluting emissions. The governmental policy consists in...
Persistent link: https://www.econbiz.de/10010610498
We analyze the problem of choosing the most appropriate method for apportioning taxes in a democracy. We consider a simple theoretical model of taxation and restrict our attention to piece-wise linear tax methods, which are almost ubiquitous in advanced democracies world- wide. We show that if...
Persistent link: https://www.econbiz.de/10008836129