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We develop several results related to equilibrium in sophisticated voting under an amendment agenda procedure and supermajoritarian voting rules. Contrary to the simple majority case, we demonstrate that attainable equilibria are a function of the location of the status quo ex ante as well as...
Persistent link: https://www.econbiz.de/10010778033
When aggregating individual preferences through the majority rule in an n-dimensional spatial voting model, the ‘worst-case’ scenario is a social choice configuration where no political equilibrium exists unless a super-majority rate as high as 1 — 1/(n+1) is adopted. In this...
Persistent link: https://www.econbiz.de/10009004559
This paper proposes a unified framework that integrates the traditional index-based approach and the competing non-cooperative approach to power analysis. It rests on a quantifiable notion of ex post power as the (counter-factual) sensitivity of the expected or observed outcome to individual...
Persistent link: https://www.econbiz.de/10011135404