Showing 1 - 6 of 6
This paper gives a rational to the land reform processes that many latin American countries haveexperienced during this century. The reform usually consisted of transferes of land, withoutcompensation, from the owners of large estates to the landless peasants. The peasants, however,did not...
Persistent link: https://www.econbiz.de/10005212613
The provision of pensions for the old and public education for the young represent a large share of public budgets. In most Western countries, current Social Security systems are under a big financial stress. Several reforms have been proposed to solve this problem. This paper deals with the...
Persistent link: https://www.econbiz.de/10005731292
' of a voting rule, that is, any agreement can be enforced if a 'winning coalition' supports it, what general agreements … are likely to arise? In other words: What influence can the voting rule used to settle (possibly non-unanimous) agreements … problem in which an arbitrary voting rule replaces unanimity to settle agreements by n players. This provides a setting in …
Persistent link: https://www.econbiz.de/10005731371
voting. Under the monotonicity condition implying that the preferred tax rate is decreasing in income, the literature … predicts that the median voter is decisive and poor agents form a coalition against rich agents. I show that this does not …
Persistent link: https://www.econbiz.de/10010615147
voting rules. We provide arguments in support of this view and emphasize the conceptual and analytical differences between … this notion and that of decisiveness. The conclusions are illustrated in the case study provided by three different voting …
Persistent link: https://www.econbiz.de/10005515941
The literature on vouchers often concludes that a voucher-based system cannot be the outcome of a majority vote. This paper shows that it is possible to propose selective vouchers (of exogenous value) such that the majority of voters are in favour of selective vouchers. As long as the...
Persistent link: https://www.econbiz.de/10005515946