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The paper studies a committee voting sequentially on a known series of binary proposals. Each member is granted, in addition to a vote for each proposal, a single extra bonus vote - a streamlined version of Storable Votes. When the order of the agenda is exogenous, a sufficient condition...
Persistent link: https://www.econbiz.de/10008914619
We study the competitive equilibrium of a market for votes where the choice is binary and it is known that a majority of the voters supports one of the two alternatives. Voters can trade votes for a numeraire before making a decision via majority rule. We identify a sufficient condition...
Persistent link: https://www.econbiz.de/10011117141