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Persistent link: https://www.econbiz.de/10005828067
AbstractThe paper studies a simple voting system that can increase the power of minorities without sacrificing aggregate efficiency or treating voters asymmetrically. Storable votes grant each voter a stock of votes to spend as desired over a series of binary decisions and thus elicit voters'...
Persistent link: https://www.econbiz.de/10011206537
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. The storable votes mechanism grants each voter a stock of votes to spend as desired over a series of binary decisions. By accumulating votes on issues...
Persistent link: https://www.econbiz.de/10008866031
Two groups of voters of known sizes disagree over a single binary decision to be taken by simple majority. Individuals have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for money. We study the implication of such trading for...
Persistent link: https://www.econbiz.de/10009493272
We develop a framework to study the dynamics of vote trading over multiple binary issues. We prove that there always exists a stable allocation of votes that is reachable in a finite number of trades, for any number of voters and issues, any separable preference profile, and any restrictions on...
Persistent link: https://www.econbiz.de/10012097991
Persistent link: https://www.econbiz.de/10011696620
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desired over a series of binary decisions. By accumulating votes on issues that it deems most...
Persistent link: https://www.econbiz.de/10005350033
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desired over a series of binary decisions. By accumulating votes on issues that it deems most...
Persistent link: https://www.econbiz.de/10005406432
Persistent link: https://www.econbiz.de/10005056461
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desidered over a series of binary decisions. By cumulating votes on issues that it deems most...
Persistent link: https://www.econbiz.de/10005014932