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It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10010332423
In this paper we address several issues related to collective dichotomous decision-making by means of quaternary voting rules, i.e., when voters may choose between four actions: voting yes, voting no, abstaining and not turning up-which are aggregated by a voting rule into a dichotomous...
Persistent link: https://www.econbiz.de/10010317141
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10011507661
In this paper we address several issues related to collective dichotomous decision-making by means of quaternary voting rules, i.e., when voters may choose between four actions: voting yes, voting no, abstaining and not turning up-which are aggregated by a voting rule into a dichotomous...
Persistent link: https://www.econbiz.de/10009506468
We study international free-riding-proof coalitions to solve trans-boundary environmental problems such as global warming. We show that the free-riding problem is rather serious so that a free-riding-proof coalition can consist of only a small number of countries. In the optimal coalitional...
Persistent link: https://www.econbiz.de/10009154529
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10003371462
Approval voting allows voters to list any number of candidates. Their scores are obtained by summing the votes cast in their favor. Fractional voting instead follows the One-person-one-vote principle by endowing voters with a single vote that they may freely distribute among candidates. In this...
Persistent link: https://www.econbiz.de/10012862766
We consider a dynamic process of collective choice under majority rule in which a status quo policy evolves. The analysis is based on stochastic evolutionary game theory. The Condorcet winner is uniquely a long-run equilibrium for all (super-)majority rules. When the Condorcet winner does not...
Persistent link: https://www.econbiz.de/10012844333
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10012733205
It is often argued that additional constraints on redistribution such as granting veto power to more players in society better protects property from expropriation. We use a model of multilateral bargaining to demonstrate that this intuition may be flawed. Increasing the number of veto players...
Persistent link: https://www.econbiz.de/10013007171