Showing 1 - 10 of 16
We present a model which ties together rational drug consumption, taxation, crime and other drug-related externalities. Drug control policy is addressed using an optimal tax framework. Consumption, possession and production of a drug may be prohibited, legalized or decriminalized. In all regimes...
Persistent link: https://www.econbiz.de/10005368784
voting is driven partly by human self-interest. Money apparently makes people more right-wing JEL classification: D1 ; D72 …
Persistent link: https://www.econbiz.de/10011144209
affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10011144224
ownership is relatively dispersed. Typically the largest shareholder in any large listed company is likely to own a voting …) All but the very largest shareholdings are too small to have any real voting power. The question of voting power is the …
Persistent link: https://www.econbiz.de/10005583057
voting games. For K > 3 alternatives and n > 3 voters, we find sufficient conditions for the game to be dominance …
Persistent link: https://www.econbiz.de/10005747062
In a model of majority voting with common values and costly but voluntary participation, we show that in the vicinity … negative voting externality identified by Borgers(2001) in the context of private values is always dominated by a positive … informational externality. In addition, we show that multiple Pareto-ranked voting equilibria may exist and moreover, majority …
Persistent link: https://www.econbiz.de/10005747146
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body in which …
Persistent link: https://www.econbiz.de/10005748205
political-economy equilibrium. We describe a two period repeated voting model where second-period outcomes depend on commitment …
Persistent link: https://www.econbiz.de/10005748241
This paper assesses the indices against a set of reasonable criteria in terms of shareholder voting power and the … control of the corporation in a large cross section of British companies. Each company is a separate voting body and there is … much variation in the distribution of voting shares among them. Moreover reasonable criteria exist against which to judge …
Persistent link: https://www.econbiz.de/10005146829
This paper examines the system of Qualified Majority Voting, used by the Council of Ministers of the European Union … Coleman to make two analyses: (1) the question of the voting power of member countries from the point of view of fairness, and …
Persistent link: https://www.econbiz.de/10005146837