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The experimental literature suggests that contributions to a public good made dynamically, over multiple stages are higher than contributions made in a static setting, even when players do not receive feedback about co-players’ previous contributions between stages. Because the dynamic setting...
Persistent link: https://www.econbiz.de/10014497489
Equality of opportunity is an important normative ideal of distributive justice. In spite of its wide acceptance and economic relevance, standard estimation approaches suffer from data limitations that can lead to both downward and upward biased estimates of inequality of opportunity. These...
Persistent link: https://www.econbiz.de/10014497521
When including outside pressure on voters as individual costs, sequential voting (as in roll call votes) is theoretically preferable to simultaneous voting (as in recorded ballots). Under complete information, sequential voting has a unique subgame perfect equilibrium with a simple equilibrium...
Persistent link: https://www.econbiz.de/10014497559
Persistent link: https://www.econbiz.de/10014497563
The current literature on mechanism design in models with social preferences discusses social-preference-robust mechanisms, i.e., mechanisms that are implementable in any environment with social preferences. The literature also discusses payoff-information-robust mechanisms, i.e., mechanisms...
Persistent link: https://www.econbiz.de/10014503488
The tyranny of the majority is one of the most frequently discussed problems of democracy in political theory. It arises when winning majorities are fixed and permanent, and there are no checks on the majority’s ability to dominate the minority. In this paper, I investigate the effects of...
Persistent link: https://www.econbiz.de/10014504041
We consider plurality voting games being simple games in partition function form such that in every partition there is at least one winning coalition. Such a game is said to be weighted if it is possible to assign weights to the players in such a way that a winning coalition in a partition is...
Persistent link: https://www.econbiz.de/10014504183
Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? We reconsider the model of Tabellini (J Polit Econ 99:335–357, 1991) and expose the role of coordination...
Persistent link: https://www.econbiz.de/10014504251