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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: the founders and the candidates are fixed; the society operates for $k$ periods and holds elections at the beginning of each period; one vote is...
Persistent link: https://www.econbiz.de/10005118533
We analyze the probability of an incumbents winning in the consecutive election, under the assumption that all individual candidates are equally likely (i.e. random selection) when they are from the same party. We estimate the probability of winning by ruling party. Using Indian panel data from...
Persistent link: https://www.econbiz.de/10005408210
Current analysis addresses an apparently critical issue of wealth circulation in the society. In the form of three persons game, we put the welfare-related burden on taxpayers. The Negotiator No.1 stands up for citizens’ legal and moral right to social services. The Negotiator No.2 proceeds...
Persistent link: https://www.econbiz.de/10005550930
Current analysis addresses an apparently critical issue of wealth circulation in the society. In the form of three persons game, we put the welfare-related burden on taxpayers. The Negotiator No.1 stands up for citizens’ legal and moral right to social services. The Negotiator No.2 proceeds...
Persistent link: https://www.econbiz.de/10005550964
voting body may affect the balance of power between the original members even if their number of votes and the decision rule … majority voting rules, and we measure the voting power of a player by his average payoff in the experiment. By comparing voting … power across voting bodies of varying size, we find empirical support for the paradox of new members. Our results also allow …
Persistent link: https://www.econbiz.de/10005556685
of support E gives to H. Third, I address the implications for the definition of special majority voting, a procedure … special majority voting in terms of a required proportion of the jury is epistemically questionable, and that the classical …
Persistent link: https://www.econbiz.de/10005560962
insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and … following a policy change are analysed. Accounting for this transition has an important influence on the voting outcome. …
Persistent link: https://www.econbiz.de/10005125042
I analyze simultaneous voting on the wage tax rate and investment in public education using a model with three … benefits. I derive the results both for a once-and-for-all voting system with commitment and for repeated voting. My model …
Persistent link: https://www.econbiz.de/10005125919
Current analysis addresses an apparently critical issue of wealth circulation in the society. We try to play a game with the welfare- related burden of taxation. Thus, the Negotiator No.1 stands up for citizens legal and moral rights to social services. The Negotiator No.2 proceeds from the...
Persistent link: https://www.econbiz.de/10005125988
Recent writers have asserted that firms controlled by workers are rare because workers have diverse preferences over firm policies, and thus suffer from high transaction costs in making collective decisions. This is contrasted with firms controlled by investors, who all support the goal of...
Persistent link: https://www.econbiz.de/10005134984