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Strategic voting — situations where voters place their votes according to their assessment of how other voters will behave rather than according to their actual preference — results in distorted decision-making. Strategic voting can cause the company to lose desired transactions and can also...
Persistent link: https://www.econbiz.de/10013076865
In this Article, we introduce the concept of anti-property - a private conservation mechanism that allows only socially desirable development. Our mechanism utilizes veto rights to create a collective holdout dynamic that thwarts undesirable uses of conservation commons. We demonstrate,...
Persistent link: https://www.econbiz.de/10014088144