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This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10008564779
We consider collective choice from two alternatives. Ex-ante, each agent is uncertain about which alternative she prefers, and may be uncertain about the intensity of her preferences. An environment is given by a probability distribution over utility vectors that is symmetric across agents and...
Persistent link: https://www.econbiz.de/10011049878
How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...
Persistent link: https://www.econbiz.de/10010945121
I propose a game-theoretic model of costly voting that predicts significant turnout rates even when the electorate is arbitrarily large. The model has two key features that jointly drive the result: (i) some agents are altruistic (or ethical), (ii) among the agents who prefer any given...
Persistent link: https://www.econbiz.de/10011042956
What are the best voting systems in terms of utilitarianism? Or in terms of maximin, or maximax? We study these … utilitarianism or maximin, and yet is optimal in terms of maximax. Utilitarianism is best approached by a voting system converging to …
Persistent link: https://www.econbiz.de/10005771963
I propose a game-theoretic model of costly voting that predicts signi…cant turnout rates even when the electorate is arbitrarily large. The model has two key features that jointly drive the result: (i) some agents are altruistic (or ethical), (ii) among the agents who prefer any given...
Persistent link: https://www.econbiz.de/10010548313
A duty to vote may be interpreted narrowly as no more than an obligation to cast one’s ballot, supporting a party or candidate in one’s own interest exclusively or, if one so pleases, with some regard for the community as a whole. Alternatively, a duty to vote may be interpreted...
Persistent link: https://www.econbiz.de/10009003126
The ongoing process of democratisation lead to the growing importance of the electoral systems that regulate the procedures of gaining and legitimizing power in democracy. Taking it into account it is worth asking about the relationship between these particular ‘game rules’ contained into...
Persistent link: https://www.econbiz.de/10011106432