Showing 1 - 10 of 7,237
The paper provides a comprehensive empirical analysis of majority rule and Tiebout sorting within a system of local jurisdictions. The idea behind the estimation procedure is to investigate whether observed levels of public expenditures satisfy necessary conditions implied by majority rule in a...
Persistent link: https://www.econbiz.de/10012471830
For voters with "social" preferences, the expected utility of voting is approximately independent of the size of the … rational socially-motivated voting has a feedback mechanism that stabilizes turnout at reasonable levels (e.g., 50% of the …
Persistent link: https://www.econbiz.de/10012465085
This paper presents a theoretical and empirical investigation of tax competition when voters use the tax policy of neighboring jurisdictions as information to evaluate the performance of their incumbent politicians. We show that this has implications both for voter tolerance of high taxes and...
Persistent link: https://www.econbiz.de/10012474939
We study the properties of the group-based model of voting in elections with more than two candidates. We consider two … equilibria under both rules and identify the features of an election that favor different types of voting behavior: either … sincere voting or coordination behind a limited number of candidates. Comparing plurality and majority runoff, we find that …
Persistent link: https://www.econbiz.de/10012453816
voting and implementing term limits. We find that an approval voting system reduces the distortions by 7.5 percent. Term …
Persistent link: https://www.econbiz.de/10012456813
We study optimal policy experimentation by a committee. We consider a dynamic bargaining game in which committee … equilibrium that supports optimal experimentation for any voting rule without veto players. With veto players, however, optimal …
Persistent link: https://www.econbiz.de/10012480686
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing … majority, and the aggregate payoffs all match the theory …
Persistent link: https://www.econbiz.de/10012467002
This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction … equilibrium (a self-enforcing state) that is consistent with majority voting in both countries …
Persistent link: https://www.econbiz.de/10012467863
We use a simple graphical approach to represent Social Welfare Functions that satisfy Independence of Irrelevant Alternatives and Anonymity. This approach allows us to provide simple and illustrative proofs of May's Theorem, of variants of classic impossibility results, and of a recent result on...
Persistent link: https://www.econbiz.de/10012470585
intertemporally when deliberations are taken by vote in periodic committee meetings …
Persistent link: https://www.econbiz.de/10012470703