Showing 1 - 10 of 341
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10011336977
Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...
Persistent link: https://www.econbiz.de/10009789971
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10013015019
We study Colonel Blotto games with sequential battles and a majoritarian objective. For a large class of contest success functions, the equilibrium is unique and characterized by an even split: Each battle that is reached before one of the players wins a majority of battles is allocated the same...
Persistent link: https://www.econbiz.de/10012917948
We study dynamic sequential majoritarian campaigns between two players. The winner of the campaign is whomever wins the majority of individual battles. The resource being expended is determined exogenously to the campaign and has no scrap value. We demonstrate, in a fairly general environment,...
Persistent link: https://www.econbiz.de/10012931232
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
We study vote trading among U.S. Congress members. By tracking roll-call votes within bills across five legislatures and politicians' personal connections made during the school years, we document a propensity of connected legislators to vote together that depends on how salient the bill is to...
Persistent link: https://www.econbiz.de/10014250186
When are political institutions stable? When do they tend toward reform? This paper examines a model of dynamic, endogenous institutional change. We introduce the class of dynamic political games (DPGs), dynamic games in which the political aggregation rules used at date t+1 are chosen by the...
Persistent link: https://www.econbiz.de/10014064925
The aim of this note is to discuss previously unnoticed stability properties of majoritarian decision making. We study collective decisions problems that can be described in terms of symmetric games satisfying various regularity conditions. We show that restricting the objecting power to...
Persistent link: https://www.econbiz.de/10014166245
This paper analyses a model of electoral competition with lobbying, where candidates hold private information about their willingness to pander to lobbies, if elected. I show that this uncertainty induces risk-averse voters to choose candidates who implement policies biased in favor of the...
Persistent link: https://www.econbiz.de/10011703380