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Unanimous voting as the fundamental procedural source of political legitimacy grants veto power to each individual. We present an axiomatic characterization of a class of bidding processes to spell out the underlying egalitarian values for collective projects of a "productive state". At heart of...
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We introduce a procedurally fair rule to study a situation where people disagree about the value of three alternatives in the way captured by the voting paradox. The rule allows people to select a final collective ranking by submitting a bid vector with six components (the six possible rankings...
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Unanimous voting as the fundamental procedural source of political legitimacy grants veto power to each individual. We present an axiomatic characterization of a class of bidding processes to spell out the underlying egalitarian values for collective projects of a productive state. At heart of...
Persistent link: https://www.econbiz.de/10010286454
announcement ofcoalitions.1While the dominant popular image may be one of parties meeting togetherafter the election to hammer out … a coalition agreement, pre-election coalitions of onesort or another are actually quite common. In almost half of the … government. A quarter of governments formed werebased wholly (and another quarter in part) on pre-election agreements.2To date …
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