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 …

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 validity of the elections to the lower house of the French Parliament between 1958 and 2005. It uses a new dataset on …

scheme for two consecutive binary ballots. The alternative voting rule, called Minority Voting as an Exception (MVE), works … as follows: In the first ballot a b-majority rule is used, where b < 1/2 is equal to the minority fraction that favors … some project, say project 1. This allows the minority to induce the adoption of project 1. After the first ballot all …

accumulating votes on issues that it deems most important, the minority can win occasionally. But because the majority typically … can outvote it, the minority wins only if its strength of preference is high and the majority's strength of preference is … predictions of our model are confirmed by a series of experiments: the frequency of minority victories, the relative payoff of the …