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the decision makers' posterior probabilities of a particular state of nature. Nevertheless, voting is generally an … voting mechanisms. The paper derives the conditions under which the optimal decision rule is equivalent to some well …-known voting procedure (weighted supermajority, weighted majority, and simple majority) and shows that these are very stringent …
Persistent link: https://www.econbiz.de/10013039595
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/10013123565
Despite the centrality of voting costs to the paradox of voting, little effort has been made to accurately measure …. Using this new measure of the opportunity cost of voting to predict turnout at the individual level, we find that small …
Persistent link: https://www.econbiz.de/10013122114
We compare single round vs runoff elections under plurality rule, allowing for partly endogenous party formation. Under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility are smaller, because the...
Persistent link: https://www.econbiz.de/10013076816
vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed …
Persistent link: https://www.econbiz.de/10012868829
We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the...
Persistent link: https://www.econbiz.de/10012929073
Population ethics is widely considered to be exceptionally important and exceptionally difficult. One key source of difficulty is the conflict between certain moral intuitions and analytical results identifying requirements for rational (in the sense of complete and transitive) social choice...
Persistent link: https://www.econbiz.de/10012863817
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/10012915720
West German population, but unlike most international migrants they had full voting rights and were eligible for social …
Persistent link: https://www.econbiz.de/10012912247
cooperates, the alternative becomes depopulated. We analyze the success of this "voting with feet" mechanism and find that …
Persistent link: https://www.econbiz.de/10013149693