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radically change the outcome of the majority voting process. In particular we show that any set of bundles (that we call choice …
Persistent link: https://www.econbiz.de/10010328481
We consider a standard social choice environment with linear utilities and independent, one-dimensional, private values. We provide a short and constructive proof that for any Bayesian incentive compatible mechanism there exists an equivalent dominant strategy incentive compatible mechanism that...
Persistent link: https://www.econbiz.de/10010316903
We consider voting rules on a multidimensional policy space for a continuum of voters with elliptic preferences …
Persistent link: https://www.econbiz.de/10010317111
The division problem consists of allocating a given amount of an homogeneous and perfectly divisible good among a group of agents with singlepeaked preferences on the set of their potential shares. A rule proposes a vector of shares for each division problem. Most of the literature has...
Persistent link: https://www.econbiz.de/10010317137
In many organizations, decisions are taken by unanimity giving each member veto power. We analyze a model of an organization in which members with heterogenous productivity privately contribute to a common good. Under unanimity, the least efficient member imposes her preferred effort choice on...
Persistent link: https://www.econbiz.de/10010320979
After decades of government growth, Western countries have witnessed major policy reversals. Prominent examples include the far-reaching policy reversals implemented by Thatcher, Reagan, and Douglas. This paper offers an explanation for these policy reversals. Our key argument rests on the...
Persistent link: https://www.econbiz.de/10010324722
voting, where voters choose from three options. We are interested in the occurrence of strategic voting in an environment … experimental data. Our results indeed show that strategic voting arises, the extent of which depends on (i) the availability of … results show that information serves as a coordination device where strategic voting does not harm the plurality …
Persistent link: https://www.econbiz.de/10010325876
prevailing in the voting power literature. We demonstrate that both notions are conceptually distinct, and discuss their … canonical set-up of a simultaneous decision-making mechanism as it is predominant in the voting power literature. However, we …
Persistent link: https://www.econbiz.de/10010326272
We develop a model of legislative lobbying where policy proposals are endogenous. We show that a policy proposer with preferences tilted towards one lobby may be induced by an increase in that interest group's size to propose policies geared towards the opposing lobby. Hence, a larger lobby size...
Persistent link: https://www.econbiz.de/10011753190
Many voting rules and, in particular, the plurality rule and Condorcet-consistent voting rules satisfy the simple …-majoritarian voting rules that allow the decisiveness of the smallest majority larger than 1/2 and the classical Borda method of counts …
Persistent link: https://www.econbiz.de/10010336008