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We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated...
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There are many situations in which different groups make collective decisions by committee voting, with each group represented by a single person. A natural question is what voting system such a committee should use. Concepts based on voting power provide guidelines for this choice. The two most...
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We develop and test a theory of voting and turnout decisions that integrates self-interest, social preferences, and …
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We develop and test a theory of voting and turnout decisions that integrates self-interest, social preferences, and …
Persistent link: https://www.econbiz.de/10011657009
Experimental economists frequently invoke Adam Smith's notion of sympathy, and experimental treatments typically examine sympathy in situations where two groups are involved. We explore additional implications of sympathy suggested by the work of later classical economists. We link the notion of...
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