Showing 1 - 10 of 56
This paper examines the process and outcomes of democratic decision-making in clubs where a club is defined by their sets of members whose preferences and decisions relate to the set of members in the club: the electorate to endogenous. Examples range from international organizations like the...
Persistent link: https://www.econbiz.de/10010746583
I examine decentralization through the lens of the local dynamics that it unleashes. The national effects of decentralization are simply the sum of its local-level effects. Hence to understand decentralization we must first understand how local government works. This paper proposes a theory of...
Persistent link: https://www.econbiz.de/10010744939
When considering engaging in conflict to secure control of a resource, a group needs to predict the amount of post-conflict leakage due to infiltration by members of losing groups. We use this insight to explain why conflict often takes place along ethnic lines, why some ethnic groups are more...
Persistent link: https://www.econbiz.de/10011126000
In this paper I analyze the effect of the transparency of the decision making process in committees on the decisions that are eventually taken. I focus on committees whose members are motivated by career concerns, so that each member tries to enhance his own reputation. When the decision making...
Persistent link: https://www.econbiz.de/10010884588
The introduction of a statutory recognition procedure offers British unions the opportunity to reverse membership decline by organising non-union workers. The aim of this paper is to test theories of individual union joining in order to assess the likely impact of the new procedure on British...
Persistent link: https://www.econbiz.de/10010884678
This paper examines the role of local housing market conditions for social capital accumulation and neighborhood club good provision. A model of individual investment decisions predicts that in a setting with high property transaction costs (i) homeowners are more likely to invest in social...
Persistent link: https://www.econbiz.de/10010928759
We are concerned with the design of a constitution for a firm - an ex ante contract which assigns residual rights of control (and possibly residual income rights) without reference to the issue to be decided. We focus attention on two polar constitutions: non-profit cooperatives and outside...
Persistent link: https://www.econbiz.de/10010928786
The theoretical background of the empirical investigations to be reported in this paper are positionalist aggregation functions which are numerically representable. More concretely, the broad Borda rule is proposed as an aggregation mechanism for the case of a complete set (profile) of so-called...
Persistent link: https://www.econbiz.de/10010928802
In this article I argue that the extent to which fiscal variables are capitalized into house prices has important economic implications. I synthesize an emerging literature that explores the conditions under which public and private investments and intergovernmental transfers are capitalized...
Persistent link: https://www.econbiz.de/10011272169
While a large social-choice-theoretic literature discusses the aggregation of individual judgments into collective ones, there is relatively little formal work on the transformation of individual judgments in group deliberation. I develop a model of judgment transformation and prove a baseline...
Persistent link: https://www.econbiz.de/10010744872