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In this article, we empirically study the survival of the ruling party in parliamentary democracies using a hazard rate model. We define survival of a crisis as being successful in a critical vote in the parliament. We develop a general probabilistic model of political crises and test it...
Persistent link: https://www.econbiz.de/10012019199
on others' abatement. I show that a full or majority coalition can be stable. This requires, however, that a majority of … countries have relatively strong reciprocity preferences. No coalition participation is always stable. In addition, a stable … minority coalition may exist; if so, it is weakly larger than the maximum stable coalition with standard preferences, but is …
Persistent link: https://www.econbiz.de/10010488278
We use queuing-related behavior as an instrument for assessing the social appeal of alternative cultural norms. Specifically, we study the behavior of rational and sophisticated individuals who stand in a given queue waiting to be served, and who, in order to speed up the process, consider...
Persistent link: https://www.econbiz.de/10012019242
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10011336977
additional treatments with simultaneous moves. We find that lobbies buy supermajorities as predicted by the theory. Our results …
Persistent link: https://www.econbiz.de/10012035706
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
We consider a framework where the optimal decision rule determining the collective choice depends in a simple way on the decision makers' posterior probabilities of a particular state of nature. Nevertheless, voting is generally an inefficient way to make collective choices and this paper sheds...
Persistent link: https://www.econbiz.de/10010457829
. Economic theory suggests that conducting audits on a predictable schedule, and (counter-intuitively) at high frequency, can …
Persistent link: https://www.econbiz.de/10011985963
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members. Surprisingly, even with the symmetric assumptions in...
Persistent link: https://www.econbiz.de/10009309640
under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts. …
Persistent link: https://www.econbiz.de/10010516456