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Felgenhauer, Mike; Grüner, Hans Peter - 2003

committees benefits from voting insincerely accrue not only when a decision maker's vote is pivotal. As the number of voters … increases, the cost of voting insincerely declines in an open committee because the probability of being pivotal declines. This … is not the case in a closed committee where costs and benefits of insincere voting only arise when a voter is pivotal. …

Persistent link: https://www.econbiz.de/10009635893

Political Participation and EU Citizenship : Perceptions and Behaviours of Young People ; Evidence from Eurobarometer surveys

Executive Agency Education, Audiovisual and Culture - 2013

Persistent link: https://www.econbiz.de/10011486863

2017 Report on equality between women and men in the EU

Europäische Kommission / Generaldirektion Justiz und … - 2017

Equality between women and men is a fundamental value of the European Union and one that has been enshrined in the Treaty from the very beginning, as the Treaty of Rome included a provision on equal pay. Over the last 60 years, societal changes and persistent policy efforts have established a...

Persistent link: https://www.econbiz.de/10011799425

Information acquisition and decision making in committees

Gerling, Kerstin; Grüner, Hans Peter; Kiel, Alexandra; … - 2003

the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication …

Persistent link: https://www.econbiz.de/10009635876

The allocation of competencies in an international union

Ruta, Michele - 2003

This paper presents a positive theory of centralization of political decisions in an international union. My central claim is that lobbies play a role in determining the assignment of competencies to the union because their power of influence can increase or decrease under centralization. I show...

Persistent link: https://www.econbiz.de/10009639847

Investors with too many options?

Dorn, Daniel - 2010

During the last decade, markets for covered warrants (bank-issued options) have flourished in Europe and Asia. In these markets, investors often face a choice between many instruments that differ only slightly from each other. Based on retail trades in call options on the German DAX index, this...

Persistent link: https://www.econbiz.de/10009640343

The ECB's New Multi-Country Model for the euro area

Dieppe, Alistair; González Pandiella, Alberto; Hall, … - 2011

Rational expectations has been the dominant way to model expectations, but the literature has quickly moved to a more realistic assumption of boundedly rational learning where agents are assumed to use only a limited set of information to form their expectations. A standard assumption is that...

Persistent link: https://www.econbiz.de/10009640692

Business cycle dynamics under rational inattention

Maćkowiak, Bartosz; Wiederholt, Mirko - 2011

We develop a dynamic stochastic general equilibrium model with rational inattention by households and firms. Consumption responds slowly to interest rate changes because households decide to pay little attention to the real interest rate. Prices respond quickly to some shocks and slowly to other...

Persistent link: https://www.econbiz.de/10009640770