Showing 1 - 10 of 10
. Behind the debate, it is argued, lies a fundamental different idea of how human decision-making is to be understood and …
Persistent link: https://www.econbiz.de/10011257298
Decisions-makers often rely on information supplied by interested parties. In practice, some parties have easier access to information than other parties. In this light, we examine whether more powerful parties have a disproportionate influence on decisions. We show that more powerful parties...
Persistent link: https://www.econbiz.de/10011257417
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10011256509
committee, in whicha subset of members may meet prior to the voting in the committeeand therefore has the possibility to reach … the setting of interest rates by the committee, provided thatmembers on average are equally skilled and voting takes place …
Persistent link: https://www.econbiz.de/10011257062
. Delegation makes one's acceptance decision pivotal by definition.The decisiveness of one's vote in a voting procedure depends on …Collective decision procedures should balance the incentives they provide toacquire information and their capacity to … qualityhas been acquired or not, we compare the performance of a delegation structure with that oftwo voting procedures …
Persistent link: https://www.econbiz.de/10011257239
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10011257421
This paper presents a study on the recently proposed linear inequality representation of Arrovian Social Welfare Functions (ASWFs). We first give an alternative proof of the ASWF integer linear inequality representation theorem, and then show several sufficient conditions on preference domains...
Persistent link: https://www.econbiz.de/10011257631
What drives stated preferences about the number of foreigners? Is it self-interest as stressed by the political economy of immigration? Does social interaction affect this preference or is the immigration preference completely in line with the preference for the aggregate population size? In...
Persistent link: https://www.econbiz.de/10011255797
The main goal of this study is two-fold: (1) to provide a general overview of thecontributions to the literature on the informal sector, with a special focus on the PublicChoice approach; and (2) to compare these contributions across two institutionallydifferent types of countries: developed and...
Persistent link: https://www.econbiz.de/10011255865
experiments on public goods, participation games, rent-seeking and lobbying, and spatial voting. …
Persistent link: https://www.econbiz.de/10011256988