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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 …
Persistent link: https://www.econbiz.de/10003761367
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 …
Persistent link: https://www.econbiz.de/10003881290
Persistent link: https://www.econbiz.de/10008656730
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 …
Persistent link: https://www.econbiz.de/10003627811
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 …
Persistent link: https://www.econbiz.de/10013132098
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 …
Persistent link: https://www.econbiz.de/10013132433
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 …
Persistent link: https://www.econbiz.de/10013316931
Persistent link: https://www.econbiz.de/10012009718
Persistent link: https://www.econbiz.de/10012223748
Persistent link: https://www.econbiz.de/10011868971