Showing 1 - 10 of 52
This essay shows that, for any non-collegial voting rule, σ, there exists an integer, s(σ), with this property: if the policy space, W, has dimension no greater than s(σ), then there exists a profile of smooth utilities on W, such that the core for σ at this profile is non-empty and...
Persistent link: https://www.econbiz.de/10010988197
This paper attempts to model elections by incorporating voter judgments about candidate and leader competence. The proposed model can be linked to Madison’s understanding of the nature of the choice of Chief Magistrate (Madison, James Madison: writings. The Library of America, New York, <CitationRef CitationID="CR43">1999</CitationRef>...</citationref>
Persistent link: https://www.econbiz.de/10010994714
We develop a stochastic model of electoral competition in order to study the economic and political determinants of trade policy. We model a small open economy with two tradable goods, each of which is produced using a sector-specific factor (e.g., land and capital) and another factor that is...
Persistent link: https://www.econbiz.de/10010889733
Persistent link: https://www.econbiz.de/10005242595
Formal models of elections have emphasized the convergence of party leaders towards the centre of the electoral distribution. This paper attempts to resolve the apparent disparity between the formal result and the perception of political divergence by considering a model incorporating valence....
Persistent link: https://www.econbiz.de/10005242605
Persistent link: https://www.econbiz.de/10005242788
Persistent link: https://www.econbiz.de/10005308087
Social Choice traditionally employs the preferences of voters or agents as primitives. However, in most situations of constitutional decision-making the beliefs of the members of the electorate determine their secondary preferences or choices. Key choices in US political history, such as the...
Persistent link: https://www.econbiz.de/10005367397
Persistent link: https://www.econbiz.de/10005370558
Previous analyses have shown that if a point is to be a core of a majority-rul e voting game in Euclidean space when preferences are smooth, then the utility gradients at the point must satisfy certain restrictive symmetry conditions. In this paper, these results are generalized t o the case of...
Persistent link: https://www.econbiz.de/10005332635