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minimizing informational spillovers. To address this failure, we introduce a dynamic form of federalism in which the central …
Persistent link: https://www.econbiz.de/10011862030
representative sample of the German population. In line with the decentralization theorem, the support for mergers increases with …
Persistent link: https://www.econbiz.de/10012129397
individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing …
Persistent link: https://www.econbiz.de/10011803271
Federalism is ostensibly misplaced to mitigate climate change as a global public concern as it is prone to import the … and procedures of Swiss federalism, this article attempts to provide a more nuanced assessment of the relationship between … laws designed to mitigate climate change and federalism. It seeks to demonstrate that federalism may support effective …
Persistent link: https://www.econbiz.de/10013226851
We study a legislative bargaining game in which failure to agree in a given round may result in a breakdown of negotiations. In that case, each player receives an exogenous `disagreement value'. We characterize the set of stationary subgame perfect equilibria under all q-majority rules. Under...
Persistent link: https://www.econbiz.de/10011434323
Persistent link: https://www.econbiz.de/10011742196
This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the equilibrium predictions. The main deviations from...
Persistent link: https://www.econbiz.de/10010532580
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
We study the political determination of the proportion of students attending university when access to higher education is rationed by admission tests. Parents differ in income and in the ability of their unique child. They vote over the minimum ability level required to attend public...
Persistent link: https://www.econbiz.de/10010528937
In a system of proportional representation, we study the interaction between a voter's turnout decision and her party choice, and how these relate to party polarization. Quantal response equilibria predict such interaction effects. In particular they predict (i) a Polarization Effect: reduced...
Persistent link: https://www.econbiz.de/10010225770