Showing 1 - 10 of 558
This paper aims at presenting a new voting function which is obtained in Balinski-Laraki's framework and benefits mean and median advantages. The so-called Mean-Median Comprise Method (MMCM) has fulfilled criteria such as unanimity, neutrality, anonymity, monotonicity, and Arrow's independence...
Persistent link: https://www.econbiz.de/10011274903
The year 2012 was the 30th anniversary of William H. Riker’s modern classic Liberalism against populism (1982) and is marked by the present special issue. In this introduction, we seek to identify some core elements and evaluate the current status of the Rikerian research program and its...
Persistent link: https://www.econbiz.de/10011260001
We present a model of collective decision making in which aggregation and deliberation are treated simultaneously. In our model, individuals debate in a public forum and potentially revise their judgements in light of deliberation. Once this process is exhausted, a rule is applied to aggregate...
Persistent link: https://www.econbiz.de/10011261113
We consider a decentralized, multilayered representative democracy, where citizens participate in deliberative policy formation after self-organizing into a pyramidal hierarchy of small groups. Each group elects a delegate, who expresses the deliberative consensus of that group at the next tier...
Persistent link: https://www.econbiz.de/10005260144
The paper aims to describe the evolution part of the economy and power to tax in Colombia. It also explains the failure of the government and the problems that have expanded public sector expenditures. Furthermore, we identify the aspects of political economy have influenced the evolution of the...
Persistent link: https://www.econbiz.de/10009652920
We assume that a voter’s judgment about a proposal depends on (i) the proposal’s probability of being right (or good or just) and (ii) the voter’s probability of making a correct judgment about its rightness (or wrongness). Initially, the state of a proposal (right or wrong), and the...
Persistent link: https://www.econbiz.de/10009325681
When collective choices are made in more than one round and with dif¬ferent groups of decision-makers, so-called election inversions may take place, where each group have different majority outcomes. We identify two ver¬sions of such compound majority paradoxes specifically, but not...
Persistent link: https://www.econbiz.de/10009386726
Political scientists and economists increasingly agree that institutions may influence economic growth, but there is little general agreement on what institutions tend to produce what consequences. We apply public choice insights for a theoretical analysis that may be termed “Madisonian”:...
Persistent link: https://www.econbiz.de/10009421987
The paper discusses opportunities to utilize the series of micro-blogs as provided by the Twitter in observation of opinion dynamics. The spontaneity of tweets is more, as the service is attached more to the mobile communications. The extraction of information in the series of tweets is...
Persistent link: https://www.econbiz.de/10008695068
This work intends to specify a formula for the optimal taxation in Probabilistic Voting Models with Single Mindedness Theory. The goal is to find an equivalent expression to the Ramsey’s rule for a political economy environment where Governments are assumed to be Leviathans rather than...
Persistent link: https://www.econbiz.de/10005789305