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Storable Votes: Giving Voice to Minority Preferences without Sacrificing Efficiency
Casella, Alessandra; Palfrey, Thomas; Riezman, Raymond - In: CESifo DICE Report 5 (2007) 3, pp. 17-22
Persistent link: https://www.econbiz.de/10005056461
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The Choice of Institutions
Alesina, Alberto - In: CESifo DICE Report 5 (2007) 3, pp. 3-10
Persistent link: https://www.econbiz.de/10005056411
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An Economic Theory of Constitutional Choice
Ticchi, Davide; Vindigni, Andrea - In: CESifo DICE Report 5 (2007) 3, pp. 11-16
Persistent link: https://www.econbiz.de/10005056450
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Minority Voting and Long-term Decisions
Fahrenberger, Theresa; Gersbach, Hans - CER-ETH Center of Economic Research, Department of … - 2007
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 …
Persistent link: https://www.econbiz.de/10005800923
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Minority Voting and Long-term Decisions
Fahrenberger, Theresa; Gersbach, Hans - CESifo - 2008
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 …
Persistent link: https://www.econbiz.de/10005406153
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Disentangling Intertemporal Substitution and Risk Aversion under the Expected Utility Theorem
Lau, Chi-Lei Oscar - Volkswirtschaftliche Fakultät, … - 2008
A disturbing feature of the conventional objective function for intertemporal decisions under uncertainty is that the agent's attitudes toward intertemporal substitution and risk aversion are entangled. This paper shows that, in contrast to common perception, the two attitudes can be completely...
Persistent link: https://www.econbiz.de/10005260195
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Time consistency and risk averse dynamic decision models: Definition, interpretation and practical consequences
Rudloff, Birgit; Street, Alexandre; Valladão, Davi M. - In: European Journal of Operational Research 234 (2014) 3, pp. 743-750
This paper aims at resolving a major obstacle to practical usage of time-consistent risk-averse decision models. The recursive objective function, generally used to ensure time consistency, is complex and has no clear/direct interpretation. Practitioners rather choose a simpler and more...
Persistent link: https://www.econbiz.de/10010738140
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Dynamic Consistent alpha-Maxmin Expected Utility
Beißner, Patrick; Lin, Qian - Institut für Mathematische Wirtschaftsforschung, … - 2015
We establish a class of fully nonlinear conditional expectations. Similarly to the usage of linear expectations when a probabilistic description of uncertainty is present, we observe analogue quantitative and qualitative properties. The type of nonlinearity captures the agents sentiments of...
Persistent link: https://www.econbiz.de/10011158363
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Satisfaction with Life and Psychosocial Factors among Underserved Minorities with Type 2 Diabetes
Phelps, Kenneth; Hodgson, Jennifer; Lamson, Angela; … - In: Social Indicators Research 106 (2012) 2, pp. 359-370
Persistent link: https://www.econbiz.de/10010848461
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Minorities in the Western Balkans in View of a Future Accession to the European Union
STAN, Delia - In: Europolity – Continuity and Change in European … 2 (2008) 3, pp. 83-99
Research aim: to identify how the EU can influence the status of national minorities in the western Balkans while the population manifests an exacerbated nationalism. In the Western Balkans there is a focus on implementing existing commitments at international level. There is a focus on large...
Persistent link: https://www.econbiz.de/10010875736