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Optimality and equilibrium for binary decision problems in a committee
Laslier, Jean-François; Weibull, Jörgen W. - 2008
We consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members … states of the world. We characterize the optimal anonymous and deterministic voting rule and provide a homogeneity assumption … on preferences and beliefs under which sincere voting is a Nash equilibrium for this rule. We also provide a necessary …
Persistent link: https://www.econbiz.de/10010281176
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Commitee decisions: optimality and equilibrium
Laslier, Jean-François; Weibull, Jörgen - Economics Institute for Research (SIR), … - 2008
We consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members … states of the world. We characterize the optimal anonymous and deterministic voting rule and provide a homogeneity assumption … on preferences and beliefs under which sincere voting is a Nash equilibrium for this rule. We also provide a necessary …
Persistent link: https://www.econbiz.de/10005649510
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Intergenerational redistribution, health care and politics
Lundin, Douglas; Sáez Martí, María - 2002
fund or debt will affect the degree of redistribution as well as how efficient the financing of health care is. In a voting …
Persistent link: https://www.econbiz.de/10010281239
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On the possibility of political change: Outcomes in between local and global equilibria
Olovsson, Conny; Roine, Jesper - 2007
We study voting over education subsidies where poor individuals may be excluded and the rich may chose private …
Persistent link: https://www.econbiz.de/10010281272
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Political polarization
Dixit, Avinash K.; Weibull, Jörgen W. - 2007
Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic...
Persistent link: https://www.econbiz.de/10010281383
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Downsian competition in the absence of a condorcet winner
Roine, Jesper - 2003
platform. This suggest that local equilibrium policies can be the predicted outcome even if the voting process is not myopic in …
Persistent link: https://www.econbiz.de/10010281426
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Political Polarization
Dixit, Avinash; Weibull, Jörgen - Economics Institute for Research (SIR), … - 2006
Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic...
Persistent link: https://www.econbiz.de/10005190909
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Intergenerational Redistribution, Health Care, and Politics
Lundin, Douglas; Sáez Martí, María - Economics Institute for Research (SIR), … - 2002
fund or debt will affect the degree of redistribution as well as how efficient the financing of health care is. In a voting …
Persistent link: https://www.econbiz.de/10005649151
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On the Possibility of Political Change – Outcomes in Between Local and Global Equilibria
Olovsson, Conny; Roine, Jesper - Economics Institute for Research (SIR), … - 2007
We study voting over education subsidies where poor individuals may be excluded and the rich may chose private …
Persistent link: https://www.econbiz.de/10005649461
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Trade unions, employee share ownership and wage setting: A supply-side approach to the share economy
Renström, Thomas I.; Roszbach, Kasper - Economics Institute for Research (SIR), … - 1995
Employee share ownership is growing increasingly important. This paper studies employee share ownership in an economy with one monopoly union for each firm. We modify an implicit contra t model by adding dividend income to the usual wage income. Union members differ in exogenous stock endowments...
Persistent link: https://www.econbiz.de/10005649489