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In the framework of the provision of one pure public good, we characterize the class of strategy-proof voting schemes …
Persistent link: https://www.econbiz.de/10005582664
We offer a selected survey of the uses of game theory in the analysis of law.
Persistent link: https://www.econbiz.de/10005605684
Persistent link: https://www.econbiz.de/10005663858
A voting scheme assigns to each profile of alternatives chosen by "n" individuals a compromise alternative. Here the … strictly convex norm, common to all agents. A voting scheme is strategy-proof, if voting for one's best point is an optimal …
Persistent link: https://www.econbiz.de/10005572221
In this paper we prove that for generic (non cooperative) voting games under plurality rule an equilibrium that induces …
Persistent link: https://www.econbiz.de/10005669273
characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …
Persistent link: https://www.econbiz.de/10009416121
characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …
Persistent link: https://www.econbiz.de/10009645615
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body in which …
Persistent link: https://www.econbiz.de/10005748205
Consider a committee that in the past has made a promise not to confiscate the profits from a foreign investor. After the investment has taken place, there is a material benefit if the committee decides to default on the earlier promise. But there are also some small moral costs for those who...
Persistent link: https://www.econbiz.de/10009367935
, and payoff and information structures. We discuss implications for the efficiency of democracy, voting, lobbying … voting. Under influence, these decisions can become inefficient. Therefore, the market for policies may be more likely to …
Persistent link: https://www.econbiz.de/10010604871