Die Achillesferse des demokratischen Rechtsstaats sind gewählte Politiker, sofern diese kurzfristig denken und handeln. Das Streben des gewählten Politikers nach Maximierung der Wahrscheinlichkeit seiner Wiederwahl stellt eine gängige Annahme der ökonomischen Theorie dar. Angesichts immer...

Democracy usually is identified by the right to vote. However, in recent times voting procedures have been criticized, as they seemingly do not guarantee that all parts of the population have an adequate voice in the established political process. We suggest invigorating an old but nearly...

Democracy usually is identified by the right to vote. However, in recent times voting procedures have been criticized, as they seemingly do not guarantee that all parts of the population have an adequate voice in the established political process. We suggest invigorating an old but nearly...