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joint decisions inside the institution are made based on the plurality voting rule. We show that, comparing to the unanimity … voting rule, the plurality rule results in a significant and large decrease in the institution initiation rate, along with a … choice of the voting rule does not significantly affect the average contribution level or efficiency. …
Persistent link: https://www.econbiz.de/10011771301
that those unintuitive predictions also hold with sequential voting. In this paper, we report paired experiments with …In a model of simultaneous voting, Feddersen and Pesendorfer (1998) consider the possibility that jurors vote … sequential and simultaneous voting under unanimity and majority rule. Observed behavior varies significantly depending on whether …
Persistent link: https://www.econbiz.de/10013172468
Electoral thresholds in the context of parliamentary elections are an instrument for preventing the fragmentation of parliaments and facilitate the formation of a coalition government. However, the clauses also introduce distortions and modify the equality of electoral votes in an election. In...
Persistent link: https://www.econbiz.de/10014422490
voting experiments. To evaluate the effect of complexity we adopt a level-k reasoning model concept. This model by Nagel [1 …, increasing payoff amounts does promote more strategic behavior in a significant manner. Our results show with complex voting …
Persistent link: https://www.econbiz.de/10010242048
threshold. On the other hand, a lower electoral threshold increases the representativeness of a legislature. We combine these … two effects in a notion of fairness. We show the existence of an electoral threshold that optimizes the fairness of a … political system, which is close to 1-5%. Namely, the optimal threshold (in our sense) is close to thresholds that exist in most …
Persistent link: https://www.econbiz.de/10012649703
Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as …
Persistent link: https://www.econbiz.de/10012698221
We develop a numerical model that simulates the evolution of a virtual population with an incentive and ability-based wage, capital yield from savings, social welfare system, and total income subject to taxation and political turnovers. Meta-heuristics, particle swarm optimization (PSO) in...
Persistent link: https://www.econbiz.de/10013252751
Recent developments in information and communication technologies allow candidates for office to engage in sophisticated messaging strategies to influence voter choice. We consider how access to different technologies influence the choice of policy platforms by candidates. We find that when...
Persistent link: https://www.econbiz.de/10012062360
treatments (different prior and signal distributions) that pose different challenges for the voters. In one, simply voting for …
Persistent link: https://www.econbiz.de/10012061937
When groups face difficult problems, the voices of experts may be lost in the noise of others' contributions. We present results from a "naturally noisy" setting, a large first-year undergraduate class, in which the expert's voice was "lost" to such a degree that bringing forward even more...
Persistent link: https://www.econbiz.de/10012432144