In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated …-lasting impact. In the first period a simple open majority voting scheme takes place. Voting splits the committee into three groups …: voting winners, voting losers, and absentees. Under minority voting only voting losers keep the voting right in the second …

In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated …-lasting impact. In the first period a simple open majority voting scheme takes place. Voting splits the committee into three groups …: voting winners, voting losers, and absentees. Under minority voting only voting losers keep the voting right in the second …

We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …

interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …

This paper analyzes simultaneous voting on the wage tax rate and investment in public education with three overlapping … benefits. The presence of productivity differences introduces a time-consistency problem with repeated voting. This can be …