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This paper formulates a simple mathematical framework for the selection of an optimum "relative unanimity” collective decision rule. The approach is first to identify the benefits of moving from a rule of simple majority towards a rule of full unanimity. Then, the costs of moving from simple...
Persistent link: https://www.econbiz.de/10011260983
We suggest a new approach to narrowing the field in elections, based on the deservingness of candidates to be contenders in a runoff, or to be declared one of several winners. Instead of specifying some minimum percentage (e.g., 50) that the leading candidate must surpass to avoid a runoff...
Persistent link: https://www.econbiz.de/10009004844
Democracy resolves conflicts in difficult games like Prisoners’ Dilemma and Chicken by stabilizing their cooperative outcomes. It does so by transforming these games into games in which voters are presented with a choice between a cooperative outcome and a Pareto-inferior noncooperative...
Persistent link: https://www.econbiz.de/10005835685
weights as an imaginary voter submitting preferences over alternatives in the form of an ordered list. With this voting …
Persistent link: https://www.econbiz.de/10011107625
This study pursues the external validation of stated preference methods by comparing survey responses from verified voters with the outcome of a parallel public referendum on a conservation and preservation program to be funded by a local property tax surcharge. The majority of respondents were...
Persistent link: https://www.econbiz.de/10011260046
. It is assumed that individuals differing in their discount factors vote on the tax rates. We propose a concept of voting …
Persistent link: https://www.econbiz.de/10008764721
help make such rules effective include the presence of informal sanctions by peers, and implementation through voting. I … after both implemented and randomly overridden voting. I find that informal sanctions strengthen the effect of formal ones …
Persistent link: https://www.econbiz.de/10011107459
What is the current level and main characteristics of public education spending in Indonesia? Is education spending insufficient? Is education spending efficient and equitable? This study reports the first account of Indonesia’s aggregated (national and sub-national) spending on education, as...
Persistent link: https://www.econbiz.de/10005622152
If government revenues from a flat-rate income tax are spent on public factors and public factors are used for human capital production and human capital is used for the production of technical progress, then a higher rate of taxation will lead to a higher rate of technical progress if steady...
Persistent link: https://www.econbiz.de/10011108048
In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analysis of mechanisms of governance of agro-ecosystem services. Firstly, we...
Persistent link: https://www.econbiz.de/10005025716