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We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …
Persistent link: https://www.econbiz.de/10011419080
We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …
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We examine whether it is socially beneficial for the individual voting records of centralWir untersuchen, ob die …
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We examine whether the publication of the individual voting records of central-bank council members is socially … optimal behavior for somewhat less efficient central bankers. However, after re-appointment, losses will be lower when voting … and can make central bankers individually accountable. In our model, the negative effects of voting transparency dominate …
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Which decision rule should we use to make a binary collective choice? While voting procedures are applied ubiquitously … qualified majority voting. Our result shows that using a VCG mechanism is not superior to voting in general and justifies the … use of voting mechanisms. It thereby could explain why many decision rules employed in practice do not rely on monetary …
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