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We consider the design of an optimal voting system when voting is costly. For a private values model with two alternatives we show the optimality of a voting system that combines three elements: (i) there is an arbitrarily chosen default decision and non-participation is interpreted as a vote in...
Persistent link: https://www.econbiz.de/10008855815
We compare a uniform voucher regime against the status quo mix of public and private education, focusing on the distribtuion of welfare gains and losses across households by income. We argue that the topping-up option available under uniform vouchers is not su¢ ciently valuable for the poorer...
Persistent link: https://www.econbiz.de/10009325639
The theme of justice in the economics and, in particular, the theme of distributive justice is the subject of heated controversy as distributive justice raises critical questions such as, for example, in the case of migration or the inequality of wages. But the question of justice is also...
Persistent link: https://www.econbiz.de/10009421989
This paper proposes and tests an empirical model of impartiality, inspired by Adam Smith (1759), that is based on the moral judgments of informed third parties (or spectators). The model predicts that spectatorship produces properties widely considered desirable in both the normative and...
Persistent link: https://www.econbiz.de/10008549638
We experimentally investigate the impact of visibility of contributors and cost of information on public good contributions. First, we vary recognizing all, highest or lowest contributors. Second, we investigate the effect of imposing a cost on viewing contributors. Recognizing all contributors...
Persistent link: https://www.econbiz.de/10011259460
In this paper we introduce the Online Recruitment System for Economic Experiments (ORSEE). With this software … experimenters have a free, convenient and very powerful tool to organize their experiments and sessions in a standardized way …
Persistent link: https://www.econbiz.de/10005619733
We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an …
Persistent link: https://www.econbiz.de/10011260305
There will be many researchers who discover voting theory afresh and who will want to understand it and its interesting paradoxes. Arrow's theorem (1951, 1963) is the most celebrated result in social choice theory. It has been criticized a lot but Howard DeLong (1991), "A refutation of Arrow’s...
Persistent link: https://www.econbiz.de/10005619463
Various scientists under the label of “Scientists for a democratic Europe” (SDE) sent a joint “Letter to the governments of the EU member states” (2007) advising the use of the Penrose Square Root Weights (PSRW) for the EU Council of Ministers. When we compare the SDE letter with...
Persistent link: https://www.econbiz.de/10005622129
In this paper we study to what extent majorities based on difference in support leads to triple-acyclic collective decisions. These majorities, which take into account voters' intensities of preference between pairs of alternatives through reciprocal preference relations, require to the winner...
Persistent link: https://www.econbiz.de/10011110276