In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated …: voting winners, voting losers, and absentees. Under minority voting only voting losers keep the voting right in the second … period. We show that as soon as absolute risk aversion exceeds a threshold value minority voting is superior to repeated …

The author proposes a two-round process called minority voting to allocate public projects in a polity. In the first … round is rejected, the process ends. Otherwise the process continues, but only the members of the minority keep agenda and … the simple majority rule is applied. The author provides a first pass of relative welfare comparisons between minority …

We propose a two-stage process called minority voting to allocate public projects in a polity. In the first period, a … rejected, the process ends. Otherwise the process continues, but only the members of the minority keep agenda and voting rights … majority rule is applied. We provide a first round of relative welfare comparisons between minority voting and simple majority …