voting outcome in period t becomes the status quo in period t+1. We study symmetric Markov equilibria of the resulting game … alternative, and the discount factor (committee impatience). We report several new findings. Voting behavior is selfish and myopic …

-proof mechanism if some agents are sincere. We use lab experiments to study the preferences of subjects for the Boston mechanism or …

the launch of the project. Examples are the Kyoto protocol, voting with different weights (shareholders, the UN with the … contributions is a Pareto-improvement to every original threshold. The contribution probabilities of some player types defined by …

Under simple majority voting an absolute majority of voters may choose policies that are harmful to minorities. It is … the purpose of sub- and super-majority rules to protect legitimate minority interests. We study how voting rules are … choose voting rules for given distributions of gains and losses that can arise from a policy, but before learning their own …

in public goods experiments.Leadership by example is implemented by letting one groupmember contribute to the public good …

A robust nding of repeated public goods experiments is that high initialcontribution rates sharply decline towards the …