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Protecting Minorities in Binary Elections : A Test of Storable Votes Using Field Data

Casella, Alessandra - 2008

Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...

Persistent link: https://www.econbiz.de/10012464542

Minorities and Storable Votes

Casella, Alessandra - 2005

The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desidered over a series of binary decisions. By cumulating votes on issues that it deems most...

Persistent link: https://www.econbiz.de/10012467002

Democracy for Polarized Committees : The Tale of Blotto's Lieutenants

Casella, Alessandra - 2016

In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...

Persistent link: https://www.econbiz.de/10012456444

Storable Votes and Judicial Nominations in the U.S. Senate

Casella, Alessandra - 2014

We model a procedural reform aimed at restoring a proper role for the minority in the confirmation process of judicial nominations in the U.S. Senate. We analyze a proposal that would call for nominations to the same level court to be collected in periodic lists and voted upon individually with...

Persistent link: https://www.econbiz.de/10012458207

Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets

Casella, Alessandra - 2012

We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...

Persistent link: https://www.econbiz.de/10012460087

Doing Business in China : Parental Background and Government Intervention Determine Who Owns Businesses

Jia, Ruixue; Lan, Xiaohuan; Padró i Miquel, Gerard - National Bureau of Economic Research - 2021

While intergenerational transmission of entrepreneurship is a well-known regularity, we hypothesize that in a …

Persistent link: https://www.econbiz.de/10012496100

Hoping to Win, Expected to Lose : Theory and Lessons on Micro Enterprise Development

Karlan, Dean - 2012

Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...

Persistent link: https://www.econbiz.de/10012460338

Behind the GATE Experiment : Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training

Fairlie, Robert W. - 2012

Various theories of market failures and targeting motivate the promotion of entrepreneurship training programs … throughout the world. Using data from the largest randomized control trial ever conducted on entrepreneurship training, we …

Persistent link: https://www.econbiz.de/10012460854

Give Me a Pass : Flexible Credit for Entrepreneurs in Colombia

Brune, Lasse; Giné, Xavier; Karlan, Dean - National Bureau of Economic Research - 2022

Microcredit promised business growth for small firms lacking access to banking loans. Yet while reaching millions, recent randomized evaluations suggest limited average business impacts. Critics often blame contract rigidity, specifically the fixed and frequent installments, for the lack of...

Persistent link: https://www.econbiz.de/10013462683

Horatio Alger Meets the Mobility Tables

Holtz-Eakin, Douglas - 2000

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …

Persistent link: https://www.econbiz.de/10012471152