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Resolving Intertemporal Conflicts : Economics vs Politics
Millner, Antony - 2014
Intertemporal conflicts occur when a group of agents with heterogeneous time preferences must make a collective decision about how to manage a common asset. How should this be done? We examine two methods: an 'Economics' approach that seeks to implement efficient allocations, and a 'Politics'...
Persistent link: https://www.econbiz.de/10012457961
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Dynamic Savings Choices with Disagreements
Cao, Dan - 2016
We study a flexible dynamic savings game in continuous time, where decision makers rotate in and out of power. These agents value spending more highly while in power creating a time-inconsistency problem. We provide a sharp characterization of Markov equilibria. Our analysis proceeds by...
Persistent link: https://www.econbiz.de/10012456666
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Solving the inverse power problem in two-tier voting settings
Weber, Matthias - 2014
There are many situations in which different groups make collective decisions by committee voting, where each group is … represented by a single person. Theoretical concepts suggest how the voting systems in such committees should be designed, but … these abstract rules can usually not be implemented perfectly. To find voting systems that approximate these rules the so …
Persistent link: https://www.econbiz.de/10010240053
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Choosing voting systems behind the veil of Ignorance : a two-tier voting experiment
Weber, Matthias - 2014
There are many situations in which different groups make collective decisions by committee voting, with each group … represented by a single person. A natural question is what voting system such a committee should use. Concepts based on voting … the choice of voting systems based on such theoretical concepts, in this paper, I ask which systems individuals actually …
Persistent link: https://www.econbiz.de/10010337025
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Influence in weighted committees
Kurz, Sascha; Mayer, Alexander; Napel, Stefan - In: European economic review : EER 132 (2021), pp. 1-19
Persistent link: https://www.econbiz.de/10012693082
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Deliberation, information aggregation and collective decision making
Swank, Otto H.; Wrasai, Phongthorn - 2003
We study a model of collective decision making with endogenous information collection.Agents collect information about the consequences of a project, communicate, and then vote onthe project. We examine under what conditions communication may increase the probability thatgood decisions are made....
Persistent link: https://www.econbiz.de/10011325966
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Deciding when to decide : collective deliberation and obstruction
Anesi, Vincent; Safronov, Mikhail - In: International economic review 64 (2023) 2, pp. 757-781
Persistent link: https://www.econbiz.de/10014329991
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An economic theory of policy advice
Swank, Otto H.; Letterie, Wilko A.; Dalen, Hendrik P. van - 1997
Persistent link: https://www.econbiz.de/10000970064
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Inflation and efficiency in a search economy
Fershtman, Chaim; Fishman, Arthur; Simhon, Avi - In: International economic review 44 (2003) 1, pp. 205-222
Persistent link: https://www.econbiz.de/10001742691
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Three Sides of Harberger Triangles
Hines, James R, Jr - 1998
Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices, and various other market distortions. This paper considers the historical development of Harberger triangles, the associated theoretical controversies, and the contribution of...
Persistent link: https://www.econbiz.de/10012471960