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Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as …
Persistent link: https://www.econbiz.de/10012698221
The exit of the United Kingdom from the European Union has had profound economic and political effects. Here, we look at a particular aspect, the power distribution in the Council of the European Union. Using the Shapley-Shubik power index, we calculate the member states' powers with and without...
Persistent link: https://www.econbiz.de/10012547825
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/10013200029
treatments (different prior and signal distributions) that pose different challenges for the voters. In one, simply voting for …
Persistent link: https://www.econbiz.de/10012227765
This note provides simple derivations of the equilibrium conditions for different voting games with incomplete … information. In the standard voting game à la Austen-Smith and Banks (1996), voters update their beliefs, and, conditional on … their being pivotal, cast their votes. However, in voting games such as those of Ellis (2016) and Fabrizi, Lippert, Pan, and …
Persistent link: https://www.econbiz.de/10012227769
and then submits one vote (simple plurality rule). We also assume that this is a Poisson voting game with population …
Persistent link: https://www.econbiz.de/10012227796
This note provides simple derivations of the equilibrium conditions for different voting games with incomplete … information. In the standard voting game à la Austen-Smith and Banks (1996), voters update their beliefs, and, conditional on … their being pivotal, cast their votes. However, in voting games such as those of Ellis (2016) and Fabrizi, Lippert, Pan, and …
Persistent link: https://www.econbiz.de/10012061909
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
and then submits one vote (simple plurality rule). We also assume that this is a Poisson voting game with population …
Persistent link: https://www.econbiz.de/10012168613
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