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An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when members of a social group expect to join the ranks of other social groups in the near future, they should have less reason to exclude these other groups from the political process. In...
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We introduce a democratic procedure with voting-based proposals called "Pendular Voting". It works as follows: An … manipulability and exploitation of this voting procedure and its welfare effects. We show that manipulation is limited or absent and … that exploitation can be avoided. Regardless of whether the agenda-setter is altruistic or selfish, Pendular Voting leads …
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private information truthfully before voting takes place. Depending on the distance between two feasible public good levels …, the optimal mechanism involves either one or two voting rounds. We show that procedural efficiency cannot be achieved by … communication among all citizens prior to voting. Finally, we outline several applications of the mechanism. …
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