In the unique attainable equilibrium of a voting model with one minority candidate and two similarly appealing majority candidates, majority voters are unable to coordinate their support and the minority candidate (Condorcet loser) is elected. Suppose a random sample of voters is asked about...

How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...

How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...

How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...

In the unique attainable equilibrium of a voting model with one minority candidate and two similarly appealing majority candidates, majority voters are unable to coordinate their support and the minority candidate (Condorcet loser) is elected. Suppose a random sample of voters is asked about...